BioPay - AI-Powered Identity & Payment Platform

BioPay is a cutting-edge mobile application built on the Algorand blockchain that combines AI-powered identity verification with seamless cryptocurrency payments. The app features biometric authentication, proof-of-humanity verification, and instant payment capabilities.

Problem

There has been an increasingly aparent problem with the onboarding of new Crypto users, this process should be as easy as it is nowadays to integrate into the Banking system, but wallet creation and low adoption of account abstration has proven this difficult.

The past Q1 of 2024 we were presented with a problem. As we were allocating telecommunication systems in a very underserved community here in Mexico.

What we noticed as a problem was; we had to pay these people and we were unable to do so easily. Maybe for a couple households, but try 300, each month.

And it was very hard to do so because in Latin America, according to the World Bank, nearly half the population remains unbanked or underbanked, with limited access to secure savings, payments, or formal identification. This financial exclusion leaves people vulnerable to theft, inflation, and economic instability. Traditional banking fails to reach these communities, and while crypto promises a solution, adoption remains low due to complexity, trust gaps, and limited local infrastructure.

At the same time, physical payments are still difficult. Many merchants don’t accept digital methods, and most users rely on fragile cash-based systems or lack the smartphones and cards needed to use wallets effectively. Identity verification is another major barrier: without reliable IDs, many can’t access even basic financial services. And to be fair the region is perfectly primed for Stablecoin inclusion when their national currencies are as volatile as they seem. This is where networks such as Algorand come into action.

Solution

BioPay addresses this with a unified solution. It’s a biometric payment platform that combines a simple wallet experience with FaceDID — our AI-powered facial identity system. This enables fast, secure, and inclusive transactions through facial recognition, alongside traditional methods like QR and others.

By focusing on identity first, we unlock access to digital finance without requiring documents, passwords, or smartphones. FaceID becomes a self-owned, portable identity layer for users who’ve historically been excluded. For merchants, BioPay integrates easily into Android POS systems, requiring no additional hardware.

It bridges the gap between Web3 technology and real-world needs, turning complex crypto infrastructure into an intuitive, everyday tool for communities that need it most. With FaceID at its core, BioPay isn’t just solving payments — it’s solving access, trust, and inclusion.

Here is a diagram of the solution:

Basically we solve onboarding problems through our AI-powered Face ID identity platform. And you can pay for everything with your face with any type of infrastructure!

Bolt.new buildup!

https://github.com/EddOliver/BioPay-Bolt/tree/main?tab=readme-ov-file#biopay-buildup

🚀 Features

🔐 Identity Verification

AI-Powered Face ID: Secure biometric authentication using advanced AI
Proof-of-Humanity: Blockchain-based identity verification system
Trust Score System: Dynamic scoring based on verification level and activity
Reward Points: Earn ALGO rewards for maintaining verification status

💳 Payment Solutions

Address Payments: Send ALGO and ASAs to any Algorand address
QR Code Payments: Instant payments via QR code scanning
Face ID Payment Requests: Create authenticated payment requests using biometrics
Multi-Asset Support: Support for ALGO, USDC, and other Algorand Standard Assets

🏦 Wallet Management

Secure Wallet Creation: Generate new Algorand wallets with 25-word recovery phrases
Wallet Import: Restore existing wallets using mnemonic phrases
Real-time Balance: Live portfolio tracking with USD valuations
Transaction History: Complete transaction history with detailed information