India, March 6 -- In the current landscape, where online transactions are increasingly prevalent and digital data storage expands at an unprecedented rate, traditional password-based authentication methods are proving inadequate in the face of evolving cyber threats. This makes the shift towards passwordless authentication solutions, utilising open standards such as OID4VP and FIDO2, a strategic decision for businesses and organisations aiming to protect their digital assets and user information.

Let's dive into understanding how these new authentication solutions tackle the vulnerabilities of traditional password systems and provide a comparison between them.

Passwordless Authentication: A Paradigm Shift with OID4VP and FIDO2

The inco...