Ipsidy Inc. (OTCMKTS:IDTY) has inked a contract with Zimbabwe’s Electoral Commission to introduce its biometric fingerprint-matching voter registry system in the country’s upcoming general elections.
The company won a competitive international tender for the use of this technology after Zimbabwe’s Electoral Commission set out to search for a system that uses algorithms to make sure voter rolls are accounted for properly and not subject to duplication.
Zimbabwe elections to be held before end of August
The introduction of Ipsidy’s system will allow Zimbabwe to conform to national and international election standards.
“We are very pleased to have been selected by the ZEC to provide this critical solution, ahead of all competitors under the tender,” said Thomas Szoke, chief technology officer, in a statement. “This award represents the continued recognition of the efficacy and value of Ipsidy’s identification platform, software and services in the African election market.”
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General elections to elect Zimbabwe’s president and members of parliament are set to be held in Zimbabwe before the end of August. Emmerson Dambudzo Mnangagwa is the current president of Zimbabwe, having replaced Robert Mugabe, who resigned last November.
The company’s biometric fingerprint-matching technology has also been used to verify voter rolls for national elections in Guinea.
In Colombia, meanwhile, Ipsidy’s technology refills bus transit cards and provides transaction processing for electronic money transfers and bill payments for the country’s postal service.
On Thursday, shares in Ipsidy closed down less than a percent to US$0.31.