Blockchain firm Zamna has raised $5 million in a seed funding round led by VC firms LocalGlobe and Oxford Capital for the continued development of its airport security system.
Founded in 2016, Zamna provides a blockchain bridge for siloed biometric and security information between airlines, governments and security firms. The tech requires no additional infrastructure developments through Zamna's blockchain, the firm claims.
“There is a preconception that when you arrive at the airport somehow – as if by magic – the airline knows who you are, the security agencies know who you are, and the governments of departure and destination both know [who you are],” Zamna co-founder and CEO Irra Ariella Khi told TechCrunch. “The reality is far from this. There is no easy and secure way for airlines and government agencies to share or cross-reference your data.”
Writing in a company blog, LocalGlobal partner Remus Brett explained that Zamna's protocol can be implemented on other transportation networks as well, a factor that led to the firm investing in the company.
Airport security sign image via Shutterstock
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