B.P.S – Biometric Payment Systems
The future of money at your fingertips
smart wallet
quick exchange
safe & secure
decentralized
Through the B.P.S SmartWallet, anyone can create an basic account within minutes, without full ID verification needed.
Users can sign up with their fingerprint and get referred by someone who is fully verified in the system to get their own B.P.S account.
B.P.S SmartWallet allows users – and only them – to control their own assets from anywhere, as long as they have a mobile device which supports biometric authentication – like a tablet, smartphone or a fingerprint device connected to a PC or Laptop.
Digital payments is a flourishing segment expected to reach USD 7,41 billion in 2024. At the same time, almost two billion people worldwide remain unbanked presenting an enormous opportunity for expansion.
The rapid growth of cashless payments outlines the need for cyber-security to meet new threats. Biometric authentication presents the ultimate solution to this emerging challenge. More than two-thirds of Europeans want to use biometrics as a method of payment authentication for convenience and security.
In parallel, blockchain technology is disrupting many markets and is forecasted to grow to 4.3 billion USD by 2024.
Now, imagine for a moment the explosive combination of digital payments, biometric authentication, and blockchain technology: This is Biometric Payment Systems, or short: B.P.S
With our SmartWallet (available very soon) the future of money just has begun.
Roadmap
Discover the B.P.S SmartWallet (available soon)
How does it work?
The B.P.S SmartWallet protects the user privacy by keeping the users’ fingerprint patterns carefully encrypted and contained within the secure hardware on their mobile device.
This guards against malicious acts, ensuring that users can safely use their fingerprint.
When the user opens up the B.P.S SmartWallet, it creates an asymmetric key pair, it sends it to our backend server and prompts the user to touch their fingerprint.
The backend will use the public key to verify the future transactions that are authorized by the user. When a user activates their fingerprint reader to purchase an item, they’re unlocking a hardware-backed cryptographic vault.
After the successful authentication, the signed piece of data with the transaction information will be sent to the backend. The backend will verify the signed data using the public key enrolled the first time.
B.P.S leverages blockchain, biometrics and artificial intelligence to offer a revolutionary decentralized payment system to users worldwide. Users will get rewarded for participating in B.P.S, and rewarded activities will fuel the growth of the platform.
To support its development B.P.S is introducing the B.P.S token (BPST) and launches a very promising Initial Coin Offering (ICO) campaign.
We believe that giving people additional opportunities to earn by engaging with the platform will incentivize the client participation, retention, and enthusiasm. It also ensures more liquidity within the engine, which keeps spreads low and generates higher overall volumes.
We intend for users to get rewarded for participation and recommendation at B.P.S as the platform develops.
Referring friends to the platform, and completing the user feedback forms designed to help the team improve the platform.
Here is a detailed explanation of how B.P.S’s unique referral system is working:
The system is based on a two level limited referral system that rewards users that refer other users, up to two levels.
For example, if one SmartWallet transfers an amount (which we consider 100%) to another SmartWallet then the receiving SmartWallet gets credited 99%.
Sharing of the 1% transaction fee:
- 10% goes directly and instantly to the user that referred the sender
- 10% goes directly and instantly the user that referred the referral of the sender
- 10% goes directly and instantly to the user that referred the receiver
- 10% goes directly and instantly to the user that referred the referral of the receiver
- 60% goes directly and instantly into the GLOBAL Treasury (100% owned by BPST holders)
Team
Latest news
We already launched and tested our first crypto-ATMs (BTMs) at many locations. There you are able to exchange FIAT-money into the leading crypto currencies and also you are able to exchange crypto currencies in FIAT-money. With our two way BTMs we build up a connection between FIAT-currencies and the booming crypto market. In 2024 we will expand our network of BTMs constantly. Soon we will be located near to you!
