Anonybit
Anonybit: A decentralized platform safeguarding identity and assets through encrypted, peer-to-peer biometric tech.
Founded
2020Anonybit: A decentralized platform safeguarding identity and assets through encrypted, peer-to-peer biometric tech.
Founded with a mission to enhance identity protection and compliance, Anonybit offers a decentralized biometric identification platform. The company encrypts sensitive data, such as biometrics and private keys, and distributes it across a peer-to-peer network of nodes. Utilizing proprietary multi-party computing and zero-knowledge proofs, Anonybit ensures secure and decentralized matching functions. Their product suite includes digital onboarding, multi-factor authentication (MFA), passwordless authentication, and account recovery solutions, all aimed at preventing fraud and safeguarding personal assets.
Anonybit's innovative approach has garnered attention from notable investors and industry experts. The company has achieved significant milestones, including the development of patented technologies that enhance security and privacy in digital transactions. By decentralizing biometric data storage and processing, Anonybit has made a substantial impact on reducing identity theft and fraud risks. Their solutions are particularly relevant in sectors requiring stringent identity verification, such as finance and healthcare, positioning Anonybit as a key player in the cybersecurity landscape.
Companies similar to Anonybit include Facenote, LoginID, Anryze and Andia.
Anonybit was founded in 2020.
Anonybit's headquarters is located in New York City, NY, US.
Anonybit's most recent funding round was for $3M (USD) in October 2023.
As of Oct 17, 2023, Anonybit has disclosed funding of $6.5M (USD). Undisclosed round amounts are excluded.
Anonybit has 20 employees as of Feb 4, 2024.
Andia
