It has now been approved as an official web standard.
The W3C claims this will make websites more secure and give higher security over passwords.
W3Cs Recommendation establishes web-wide interoperability guidance, setting consistent expectations for web users and the sites they visit.
W3C is working to implement this best practice on its own site.
Also, the W3C feels that WebAuthn will eradicate many problems related to traditional authentication methods.
Its common knowledge that passwords have outlived their efficacy.
Source:W3C Press Release
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source: www.techworm.net