Liveness Detection refers to methods used to confirm the active participation of users during a transaction or authentication process. It ensures that the person involved is present and interacting in real time, rather than relying on static data like photographs or videos.This is crucial in preventing fraud, particularly for activities such as accessing wallets or making trades. By verifying that a user’s interaction is genuine, systems can mitigate risks associated with identity theft and unauthorized access.Techniques used for liveness detection can include asking users to perform specific actions, such as blinking, smiling, or moving their heads. These actions are designed to demonstrate involvement beyond what can be captured from a simple image or video capture.Ultimately, the aim is to enhance security measures and reassure users that their assets are protected against potential threats from spoofing attacks, where attackers might use stolen credentials to access accounts. Effective liveness detection is an essential component of robust security systems in the cryptocurrency landscape.
Bank of Japan Weighs Additional Rate Hikes as Inflation Persists
The Bank of Japan will continue to raise interest rates if economic and price trends progress as expected, Deputy Governor