TORONTO -- Wearable identity startup Bionym, released Monday its software development kit documentation and an o
Nymi is designed to eliminate the need for a user accessing services such as online banking to enter in a password and user name to verify he is who he says he is.
The wristband measures a person’s electrocardiogram (ECG) to authenticate him to devices or apps for a range of functions that could include unlocking mobile banking apps and car doors. Nymi, which comes with an embedded ECG sensor, motion sensor and Bluetooth low-energy radio, keeps the user authenticated until he takes off the device.
Bionym said it will host hackathons and meet-ups for developers.
Bionym unveiled Nymi in September and plans to ship the devices in spring 2014. The wristbands cost less than $100.
