September 27, 2020

Blockchain startup raised $ 5 million to automate airport checks

Blockchain startup raised $ 5 million to automate airport checks

According to Silicon Republic news agency, Zamna startup has raised $ 5 million for automation airport security systems using blockchain technology and biometric data.

According to Crunchbase, the main investors in the project were LocalGlobe and Oxford Capital, as well as the International Airlines Group, one of the largest airline groups in the world.

Startup is going to provide data exchange onpassengers between airports, governments and security firms through the blockchain. The developers claim that they will provide instant verification of passenger data, which will reduce the time spent by travelers in line by 90%. A startup representative explained:

The airport security process will become automated, and in the future passengers will be able to travel without any physical documents or repeated checks.

The system assumes high standards of confidentiality thanks to its own algorithm that can check biometric and biographical data without transmitting it to third parties.

According to the materials cointelegraph.com