
Next-Era MFA: Imposes real financial costs on hackers, making breaches too expensive to at1-10 Employees
- B2B
- Early StageStartup in initial stages
AuthLN careers
Leveraging dual patents, AuthLN is redefining multi-factor authentication (MFA) through developing a solution—called Proof of Financial Authentication (PFA)—that shifts the risk of breaches from targets to attackers by introducing financial deterrence.
Our approach leverages Bitcoin’s Proof-of-Work network and the Lightning Network’s scalability. Users authenticate by fulfilling a small invoice amount: authorized users draw from a company-managed pool, while unauthorized attempts require attackers to pay out of pocket. This creates a real cost for breaches, flipping the risk equation.
Our approach leverages Bitcoin’s Proof-of-Work network and the Lightning Network’s scalability. Users authenticate by fulfilling a small invoice amount: authorized users draw from a company-managed pool, while unauthorized attempts require attackers to pay out of pocket. This creates a real cost for breaches, flipping the risk equation.
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Mike Siers
Cofounder of @AuthLN. Father. Military Veteran. Forward-thinking entrepreneur
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