One-Time Password vs Passwordless Authentication

Developers should learn about OTPs when implementing secure authentication systems, especially for applications handling sensitive data like banking, healthcare, or e-commerce meets developers should implement passwordless authentication when building applications requiring high security and user convenience, such as financial services, healthcare platforms, or enterprise saas products. Here's our take.

One-Time Password

Nice Pick

Developers should learn about OTPs when implementing secure authentication systems, especially for applications handling sensitive data like banking, healthcare, or e-commerce

Pros

• It is crucial for compliance with security standards (e
• Related to: two-factor-authentication, multi-factor-authentication

Cons

• Specific tradeoffs depend on your use case

Passwordless Authentication

Developers should implement passwordless authentication when building applications requiring high security and user convenience, such as financial services, healthcare platforms, or enterprise SaaS products

Pros

• It's particularly valuable for reducing support costs related to password resets and mitigating risks from data breaches involving stolen credentials
• Related to: multi-factor-authentication, oauth-2.0

Cons

• Specific tradeoffs depend on your use case

The Verdict

Use One-Time Password if: You want it is crucial for compliance with security standards (e and can live with specific tradeoffs depend on your use case.

Use Passwordless Authentication if: You prioritize it's particularly valuable for reducing support costs related to password resets and mitigating risks from data breaches involving stolen credentials over what One-Time Password offers.

The Bottom Line

One-Time Password wins

Developers should learn about OTPs when implementing secure authentication systems, especially for applications handling sensitive data like banking, healthcare, or e-commerce