In the undated attached 'Future Tech' video one gets the sense that several new technologies could compete with scanners like Touch ID. Will Bionym's ECG reader and other technologies compete with Touch ID? Of course Apple debuted it's new finger print scanner technology at the live event Tuesday, Sept. 10, 2013. The CBC's 'The National' introduced many folks to the Bionym Nymi wristband and other security technologies in its Sept. 9, 2013 report.
Karl Martin (CEO, Bionym) explained the Bionym Nymi operation and its use of ECG sensing technology. Mr. Martin explained how the Nymi relates to the uniqueness of the individual human heart. The human heart has a unique location in each of us and functions uniquely as well. The Bionym Nymi band contains an ECG sensor similar to that used in the medical profession. Apparently, authentication of the Bionym ECG sensor is necessary only one time. To deactivate the band from activating all of its applications - just remove the band.
To activate the Bionym ECG band attach it to your wrist and press the top to complete the electrical circuit. The band should be able to perform a variety of key functions like motion sensor activation, mobile payments and even opening card key locks. The device is currently available for preorder @ "~ $80". A related technology was reported on Bloomberg TV Europe Wednesday, Sept. 11, 2013. This developing technology is "vein recognition technology" (Biotechnix, UK) and is apparently still a new application.
OK, these apps/devices secure your iPhone and your other devices and data but what about your private smartphone calls? REUTERS and The Examiner reported also this date (on or about Sept. 11, 2013) on the new phone app "CryptoSmart". This new technology comes from the Czech Republic. This new secure app may also compete with Touch ID and other secure technologies. But it's not cheap at about "~ $500/month".
Folks have begun preemptively picking apart the security of the Touch ID . For example, the Business Insider's opinion on storing all that fingerprint data in the cloud. Somebody else at Bloomberg TV is also concerned that one's fingerprints exist virtually "everywhere" in the physical world. Fingerprint ID could be lifted in a number of ways. One may be sure that Bionym, ECG readers and other competing technologies share that same technological flaw - what happens when they just stop working?