Biometric Security Applications Inc

Biometric Security Applications, Inc. (“BSA”) has patented a Biometric-as-a-Service (BaaS) method and platform that provides a tokenless, technology disruptor, biometric based, secure transaction authentication platform. It provides Zero Trust and quantum resistant technology for data, financial and cyber security uses, to eliminate ID theft, financial fraud and cyber theft – on the “front end”.  The product uses an out-of-band process that provides multi-modal, end-to-end proprietary as well as military grade security gateways at all points of the data transmission. It incorporates a proprietary quantum resistant encryption algorithm which makes the platform internally and externally secure.

The platform (as out-of-band) operates outside the current standard data transmission protocol and thus eliminates the most common ‘hack points’ in the transmission route.  Use of our platform is intended to reduce or eliminate ID theft and data/financial fraud.  The platform is designed to eliminate the need for any personally identifiable information (“PII”), credit/debit card, PIN, PW, fob, MFA, nor any hardware (i.e., iPhone, etc.).  Our platform is agnostic to the type of transmission and to the end-user’s business.  The platform is scalable without modification regardless of the size of the intended use (e.g., open system, such as government use; closed system such as a doctor’s office; or variable system, such as an educational institution). 

The platform has targeted 5 verticals: Government (i.e., substitute for SNAP cards ($29B a yrs in fraud); VA payments; Visa security; Student loan payments; DoD communications security; classified data protection, and even using biometric to eliminate S.S. number (which is holy grail of ID theft), etc.);  Hospitality (i.e., tourist venues that requirement ID or payment such as Disney; hotels that also have restaurants or commercial sales such as Vegas); Education (i.e., to register students; pay for tuition; ingress/egress; food purchases, etc.); Medical (i.e., medical facilities linked to records and/or payments; testing; pharmacies to eliminate narcotic shopping, etc.); and Banking (i.e., every financial transaction from ATM, account verification, title protection, safe deposits, real estate transactions, funds deposits, etc.). Have already briefed members of Congress, the medical field, a chancellor of a university, and a bank with regard to the benefits of our platform.  All expressed interest.  

Founder & CEO: Kenneth Kopf, Esq. – Has been a practicing international attorney for 42 years (including senior management and Corporate GC; Senior counsel for Air Force; Navy; VA, private practice). He has been involved in the cyber and data security field for 40 years. He invented BSA’s product, and has received several prestigious awards and military medals.  

COO and Board Member: John Stefani -  30 Years experience in large global banks with J.P.M. Chase, Citigroup, UBS and Credit Suisse at the COO, CIO and CFO levels in addition to Executive Committee level management/consulting experience

We have a world-class Advisory Board consisting of the preeminent US government expert in fraud detection and prevention;  a founder of the California Biometric Foundation; the inventor of technology utilized currently by the U.S. government to control cross domain distribution of classified data.  

Our main subcontractors, include the leading FBI-certified world-wide manufacturers of patented commercial and government biometric equipment; and a company that provides Cybersecurity services and risk management solutions for information assurance across the enterprise. 

Patent 11,847,651

Filed 2017 – Issued November 2023

We have filed for a new patent (pending)  (Nov 2023) based on our issued patent to include our elements of quantum resistance, blockchain and Zero Trust.   

FUNDING AMOUNT REQUESTED -  $10M (@$5.25M pre-money valuation) for 15% preferred equity.