IOTRUST continues collaboration with Precise for next-generation DCENT crypto wallets
Precise Biometrics, a global leader in biometrics, today announced the continuation of its partnership with Republic of Korea’s leading blockchain service company, IOTRUST. Precise’s BioMatch fingerprint authentication technology will continue to power the next generation of the company’s DCENT biometric hardware wallets, building on a successful collaboration that began in 2018.
As adoption of digital assets continues to grow, so does the need for secure and user-friendly authentication. Precise’s biometric solutions combine robust security, privacy, and convenience, enabling secure access while reducing reliance on manual PIN entry.
Founded in 2017, IOTRUST launched the world's first biometric cold wallet, DCENT, in 2018. Today, IOTRUST is a leader in digital asset management, with its DCENT blockchain wallet service supporting more than 10,000 tokens across 100+ blockchain main networks and trusted by holders across 220 countries. The company enables users to securely manage digital assets and access blockchain services through intuitive and highly secure hardware wallet solutions.
Through the partnership, Precise provides its BioMatch fingerprint authentication technology, enabling fast, accurate, and secure on-device fingerprint verification for the second-generation DCENT biometric crypto wallet, launched earlier this month.
Baek Sang Su, CEO at IOTRUST, commented:
"IOTRUST has experienced strong growth in recent years, driven by increasing demand for secure and user-friendly digital asset solutions. Biometric authentication remains an important part of our product strategy, and Precise Biometrics has proven to be a trusted long-term technology partner. We are pleased to continue our collaboration as we bring the next generation of DCENT wallets to market."
Joakim Nydemark, CEO of Precise Biometrics, commented:
"Secure management of digital assets requires both strong security and a seamless user experience. We are proud that IOTRUST continues to trust BioMatch for the next generation of DCENT wallets, validating both our technology and our long-term partnership."
About IOTRUST
IOTRUST is a South Korean technology company building secure and accessible solutions for the self-custody of digital assets. Through the DCENT ecosystem, the company offers biometric, card-type, and mobile wallet solutions that help users securely store, manage, and use digital assets across blockchain networks.
By combining hardware-based security with intuitive user experiences, IOTRUST aims to make self-custody more approachable for both experienced digital asset users and newcomers. The company continues to expand DCENT as a secure gateway to the broader Web3 ecosystem, connecting users with on-chain services while keeping control of their assets in their own hands.
https://www.dcentwallet.com/
For further information, please contact
Joakim Nydemark, CEO
E-mail: joakim.nydemark@precisebiometrics.com
About Precise Biometrics
Precise Biometrics AB (publ) (”Precise”) is a global leader in biometrics, providing trusted solutions for biometric security, access, and identity. The company's technologies enable organizations to deliver secure, seamless access across physical and digital environments while preventing fraud and identity threats.
Trusted by enterprises, governments, technology partners, and OEMs worldwide, Precise solutions power hundreds of millions of devices and enable billions of authentications every day.
Combining biometric algorithms, SaaS solutions, sensors, systems, and deep domain expertise, Precise offers one of the industry's most comprehensive biometric portfolios, helping organizations deliver secure, seamless access to people, places, devices, data, and digital services. The portfolio supports a broad range of use cases, from mobile devices and consumer electronics to physical and logical enterprise access, visitor management, and government identity programs.
Precise Biometrics is listed on Nasdaq Stockholm (PREC) and has offices in Sweden (HQ in Lund), France, the United States, China, India, Japan, and South Korea.