Amanda Lentino reports:
In China, facial recognition technology — biometric computer applications that automatically identify an individual from a database of digital images — is a part of daily life.
Already about 200 million surveillance cameras are scattered around the country — to track big spenders in luxury retail stores, catch identity thieves, prevent violent crime, find fugitives, catch sleeping students in the classroom and even snag jaywalkers. In fact, nearly every one of its 1.4 billion citizens is in China’s facial recognition database.
One of the companies making huge strides in this space is Shanghai-based YITU Technology, which has gained wide recognition for its Dragonfly Eye System, a facial scanning platform that can identify a person from a database of at least 2 billion people in a matter of seconds.
Read more on CNBC.