AuthID PrivacyKey enables biometric authentication without storing any biometric data, ensuring user privacy and regulatory compliance. It uses public-key cryptography to generate a public and private key pair during enrollment, with the private key being immediately discarded and only the public key stored. For authentication, the private key is dynamically recreated from the user's live biometric data and matched against the stored public key. PrivacyKey features key-management capabilities allowing enterprises to rotate and revoke keys securely, ensuring they are only accessible to authorized individuals. It processes verifications in under 700 milliseconds with one-in-one-billion accuracy, addressing concerns over biometric data storage and compliance with regulations such as GDPR, CCPA, and BIPA.