Smart Biometric Technology Inc. (SBT) Smart Biometric Technology is pleased to announce it has created the World’s first multi-function security card, that is activated by the cardholder’s fingerprint, using internal biometric fingerprint scanning technology.
The advanced SBT biometric fingerprint activated security credential in a world first has three (3) advanced security functions all in the one card security credential. These functions are:
On-card fingerprint scanning using the cards nano fingerprint scanning technology inside the card. This is used to validate the legitimate card holder using their own fingerprint which is stored inside the card.
Identity Display Screen that on a fingerprint match, displays a color digital photo of the card holder. This adds biometric security to photo-based security checks and secures the card of lost or stolen cards from being misused at security points.
Built in RFID for electronic door, room or elevator access that is in an off state that is securely turned on following a successful card holder fingerprint scan.
Secure Network log-on using the card’s smartcard chip that is turned on after a secure fingerprint scan and match on the card.
The combining of these three (3) functions into one advanced biometric security credential with built in nano fingerprint scanning technology, is a major advancement for securing both Government and Commercial workplaces, computers and facilities.
The Global Card-Based Electronic Access Control Systems market was valued at US$ 11 Billion in 2023 and is projected to reach US$ 15.9 Billion by 2030, at a CAGR of 5.6% during the forecast period.1
The market for government-issued ID cards, particularly smart cards, is substantial and growing. In 2023, the global market for smart cards in government applications was estimated to be around $4.32 billion. This market is projected to grow at a compound annual growth rate (CAGR) of 6.4%, reaching approximately $7.97 billion by 20332.
This growth is driven by increasing digitalization, the need for secure identification methods, and rising concerns about identity theft and fraud in the workplace.
Smart Biometric Technology has an approved Reg A+ offering that is pricing an initial investment in the company at 0.50 cents per share. The company is preparing to make a listing on an exchange shortly following the completion and public release of its Next Generation Multi-Function Security Credential Card.
To view the Smart Biometric Technology Reg A+ investment subscription please follow this link to the company website. www.smartbiometrictechnology.com
Pre-IPO Reg A+ Investment Opportunity | Smart BiometricTech (smartbiometrictechnology.com)
1 Card-Based Electronic Access Control Systems Market (semiconductorinsight.com)
2 Smart Card in Government Market – Share, Trends & Forecast (futuremarketinsights.com)
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Investors and security holders are urged to carefully review and consider each of Smart Biometric Technology Inc. filings with the SEC, including but not limited to, the company Reg A+ information memorandum.
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