UAE to be launch pad for global initiative to tackle massive crypto theft

The UAE serves as the test ground for a pioneering initiative by Serenity, a blockchain app, to combat cryptocurrency hacking through a biometric-based access system. The sAxess app offers fingerprint recognition for secure digital currency storage and transactions, targeting the growing biometric identification market. With plans to expand globally, the app aims to revolutionize security by eliminating passwords and providing a comprehensive solution for managing cryptocurrencies.

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