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What human function may one day replace the password?

Answer: the heartbeat

The Nymi band is a “wearable identity provider,” said company founder Andrew D’Souza.

The band is designed to be a replacement to all the PINs, passwords and user names people must remember by using a person's unique heartbeat to prove who they are. Users can log into the device each morning, authenticating by pressing their finger to the device, and from that point on, the device can grant authorization to other devices it connects with.