Balancing both Security and Convenience
01
Improve User Experience; but not promoting false security.
02
Transformed Traditional MFA into a much more secure phishing-resistant platform.
03
Simplifying Identity Access Management; but independent from utilising a primary key as unique identifier.
04
Strengthening Cyber Security and Resiliency; transparency and control on your security layers
05
Susceptible to uncontrolled environment and scenarios
Evolution of Authentication
The Evolution of Authentication has seen remarkable progress. From combining passwords and security tokens to adopting biometrics, authentication evolved with behavioral biometrics as a significant step.
The pinnacle was achieved with Blockchain-based MFA, enabling passwordless authentication for a seamless, secure experience against advanced threats. Blockchain-based MFA stands as the ultimate digital security, ensuring a frictionless and secure user journey while safeguarding sensitive data.
1st Generation
1FA: User ID
2FA: Password
Concerns: Human Error
Prone Attacks:
Keylogger attacks, phishing attacks, and Man-In-The-Middle attacks (MITM)
2nd Generation
1FA: User ID & Password
2FA: Certificate or Token-Based
Concerns: Managing and Tracking PKI, Costs of operating (SMS, etc.)
Prone Attacks:
Malware disguised as software update, Spyware for SMS Divert and MITM
3rd Generation
1FA: UserID + Device + Password / UserID + Device + OTP Codes
2FA: Biometrics
Concerns: Centralised Information, Credentials & Master Password
Prone Attacks:
Compromised assets and devices
4th Generation
1FA: User ID + Device (via Blockchain Nodes)
2FA: Biometrics
Advantages: No Passwords Required, Decentralised Credentials, Hybrid Blockchain Network
Concerns: Emerging Tech
Passwordless
Blockchain Technology
Scalable and future-ready. Our trusted technology is designed to adapt to the evolving needs of businesses and users.
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MIRC
Extracts Multiple Unique Identifiers from user's mobile device to create unhackable unique key.
MDV
BSA implements Multilateral Distributed Verification (MDV) technology based on its Kernel Chain which is unique to maximize security levels.
OTSK
BSA uses a One-Time Security Key (OTSK) for blockchain channels, block, and instances to eliminate any point of forgery during authentication process. OTSK is 100% volatile and unhackable.
KNCHAIN
New global authentication ecosystem for individuals and corporations. Fast, easy, and robust security authentication service. Independent Hybrid Blockchain Service technology.
How BSA Works
BSA authentication employs a robust 3-layer verification process: Device, Distributed Blockchain Verification (MDV), and User (Biometrics). This comprehensive method guarantees that only authorized users with the correct device can access your data, ensuring top-notch security.