Blackmagic Technology, maker of the fingerprint reader, has begun a partnership with Chinese startup Ringoli to develop a new type of digital fingerprint readers.
The move is part of a broader push to bring a greater range of digital technologies to the U.S.
The new system will feature a high-tech, single-chip design and a new “smart” technology, according to a press release from Blackmagic.
The company said Ringoli will provide a hardware and software platform for the new device.
“This is a unique partnership between two of the world’s leading technology companies to design and manufacture a new class of fingerprint readers that are both affordable and powerful,” said Steve Pestano, chief executive officer of Blackmagic, in a statement.
“Ringoli’s technology will be an integral part of this new generation of fingerprint technology.”
The technology uses two chips to create an electronic signal that can be detected by a user’s fingerprint, and allows a person to scan their palm or the top of their head.
The technology was developed at the University of California, Berkeley, and is based on the work of Dr. Michael M. Ringoli, a professor at the California Institute of Technology.
The idea for the technology was conceived while M.
Ringoli was in the midst of developing the technology, the company said in a press statement.
Ringolis was awarded the Nobel Prize in Chemistry in 2013.
In an interview with Bloomberg in 2014, he said the technology would be available within five years.
“The technology is very promising, but there are a lot of challenges to overcome,” he said.
“The most challenging thing right now is the cost.”
In recent years, fingerprint technology has been used by criminals to track down stolen credit card numbers, unlock the phones of people who have been arrested and track down missing people.
In 2014, the U-T San Francisco reported that more than $1.7 billion in stolen credit cards had been recovered from a number of U.K. banks and credit unions.