Sun, Sand and Digital Dollars: PopID Brings Face Biometrics to Bahamas CBDC

PopID is bringing its PopPay face biometric verification platform to a central bank digital currency (CBDC) for the first time. Bahamians can now link their digital SunCash accounts to PopPay to pay with their faces at participating merchants. Some local and global brands are already accepting the Sand Dollars authenticated by PopPay. This is the first time that payment has been linked to facial verification for a fully-fledged CBDC, according to PopID. Facial recognition has been successfully used on the ongoing trials for China’s digital renminbi.”

Sun, sand and digital dollars: PopID brings face biometrics to Bahamas CBDC | Biometric Update

Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

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