At the ongoing F8 Developer Conference, Facebook introduced a beta version of the service, which it sees as a stepping stone to completely eliminating login passwords.
According to Neowin, passwords are part of everything online today, from banks to any website that requires an account, but are very vulnerable to attack. So Facebook is intending to eliminate login passwords by providing a service called Delegated Account Recovery.
Delegated Account Recovery is intended to replace passwords of third-party services based on your Facebook details. In essence, it allows you to use your Facebook account in place of a recovery email or text message in case the user uses two-factor authentication. Facebook says that this approach is more secure than resetting passwords via email and more stable than phone numbers.
In a statement sent to CNN Money, security engineer Brad Hill said that Facebook will ensure the safety of users’ personal information. There will be safeguards in place to ensure the tool is not misused, such as limiting the information third-party websites can access plus warnings about suspicious activity.
For the banking website example, Hill says you can use Delegated Account Recovery to log into the site, but it won’t be able to know your bank account details.
According to Mr. Hill, the new feature will benefit people who are new to the internet, helping them use Facebook to log in to many services.
While developers currently have to sign up to use Delegated Account Recovery, Facebook is expected to make its tool open source. While you may be worried that Facebook will have access to a lot of your information, in reality it is one of the organizations more people trust than ever before.
The idea of getting rid of passwords is not new as companies are trying to approach different ways for people to be able to log into the service. Such as Windows 10 with Windows Hello; or fingerprint sensors on personal computers, mobile devices and even credit cards as a way to access accounts instead of passwords.