Protocol to secure electronic transactions using two way handshakes

A first device comprising:

• one or more processors;
• memory storing instructions that, when executed by the one or more processors, cause the first device to:
• receive a request for an electronic transfer of assets from a second device, wherein the request comprises at least one first biometric identifier of a user of the second device;
• cause the at least one first biometric identifier to be presented to a user of the first device;
• determine that a timestamp associated with the at least one first biometric identifier is within a predetermined threshold;
• receive, based on the timestamp associated with the at least one first biometric identifier being with the predetermined threshold, a verification from the user of the first device of the at least one first biometric identifier;
• capture at least one second biometric identifier, wherein the at least one second biometric identifier is associated with a user of the first device;
• transmit, to the second device, the verification of the at least one second biometric identifier, a confirmation of the request for the electronic transfer of assets, and the at least one second biometric identifier;
• and
• receive an acknowledgment that the electronic transfer of assets has been initialized in response to the verification.

A second device comprising:

• one or more processors;
• memory storing instructions that, when executed by the one or more processors, cause the second device to:
• capture at least one first biometric identifier of a second user of the second device;
• transmit a request for an electronic transfer of assets to a first device, wherein the request comprises the at least one first biometric identifier and a timestamp indicating when the at least one first biometric identifier was captured;
• receive, from a first user of the first device, a verification of the at least one first biometric identifier, a confirmation of the request for the electronic transfer of assets, and at least one second biometric identifier;
• cause the at least one second biometric identifier of the user of the first device to be presented to the second user of the second device;
• receive, from the second user of the second device, a verification of the at least one second biometric identifier;
• transmit, to a server, the verification of the at least one second biometric identifier;
• and
• receive, based on transmitting the verification of the at least one second biometric identifier, an acknowledgment that the electronic transfer of assets has been initialized.