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Briefing
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- Dragonfly Eye – Shanghai-based Yitu Technology developed Dragonfly Eye, smart surveillance system connecting millions of surveillance cameras, identifying wanted criminals using artificial intelligence
- Collected Photos – Has database of 1.8 billion photos, including visitors from ports and airports
- Fast Facial Recognition – Can identify individuals from two billion people in seconds, even if photo is 25 to 30 years old
- Policing Achievements – Caught more than 500 criminals in Shanghai’s subway system between January to April 2017, reduced pickpocketing on Xiamen’s city buses by 30%, resolved 500 criminal cases in Suzhou since June 2015, and identified nine suspects during 2016 G20 summit in Hangzhou
- Other Application – China Merchants Bank testing algorithm for potential application in automated teller machines (ATMs)
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Accelerator
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Market Disruption
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Business Model and Practices
Business Model
and Practices
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Sector
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Financial Services, Information Technology, Military and Security
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Organization
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China Merchants Bank, Yitu Technology
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Source
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Original Publication Date
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December 10, 2017
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