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Briefing
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- Face++ Facial Recognition – Billion dollar startup Face++ developed facial recognition technology that can pinpoint 83 points on face to recognize individual
- China Market Uptake – Use of facial recognition technology for surveillance and convenience grows in country, enabled by China’s large database of ID photos, proliferation of companies working on technology, and looser attitude towards privacy than U.S.
- Current Uses – Can transfer money through Alipay, validate drivers of Didi Chuxing, and provide visitors access to facilities, while local governments use it to identify criminal suspects in surveillance videos
- Future Applications – Can facilitate new ways of interacting with banks, stores and transportation services
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Accelerator
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Sector
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Information Technology
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Organization
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Alibaba Group Holding Ltd., Didi Chuxing (formerly known as Didi Kuadi), Face++
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Source
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Original Publication Date
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February 23, 2017
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