New Partnership Enables Naked Cryptocurrency Payments

Singapore-based naked payments pioneer Touché has teamed up with a Luxembourg-based blockchain platform to offer a simplified means of in-store purchases using cryptocurrency.

The system is of course based on Touché’s biometric payments concept, which revolves around linking users’ fingerprints to their payment accounts to allow them to make purchases with a simple fingerprint scan — and no need for an actual payment card, or even a virtual card. That functionality has now been extended to cryptocurrency thanks to a collaboration with EDDITS. The company offers an Ethereum-based platform that assigns users a specified blockchain address that can facilitate digital payments; thus, EDDITS and Touché have together established a solution that lets an end user pay for something with Ether cryptocurrency, just by scanning a pair of fingerprints.

In a statement, Touché CEO and co-founder Sahba Saint-Claire asserted, “This payment method will simplify…