According to CoinMeta, Precise Biometrics AB ( PRBCF ) discussed the merger strategy with Fingerprint Cards and the use of revenue from token issuance during an investor presentation. CEO Joakim Nydemark stated that the merger will integrate the history and technology of both companies in the field of biometrics, with the aim of creating a secure future that supports multiple authentication methods such as fingerprints, facial recognition, palm prints, and iris scanning.