It looks like World is changing to make everything automatic and easily. Yes, technology is growing as fast as we think and dream. Now it is the turn of the payments mode. Till now our money transactions is through cash, electronic but in future it will be through our faces.
Yes, China is trying to develop an application which uses our Face features to transfer the money. Already once a company in Finland developed such technology for paying the money electronically instead of credits and debits but due to highly involved transaction risks, thefts and hackers it was not using now a day. Now China is trying the same technology to challenge such situation and to overcome it.
So let us know more deeply about this technology.
The CAS known as China Academy of Science is developing an application use for the payments. But what is interesting in such application? The interesting technology in this project is that the transactions of money are possible only when the face is detected by the system.
How they are developing such application?
The answer to this question is that, firstly application will asks our photos (it means the users of such application) to keep in it database which it will store the photo and scans for the features simultaneously application will store our Bank details which will connect through the server. When a transaction is to be process then the system will ask the users to show the face of the users through it the money will transferred once the face detection is confirmed.
Is it safe and highly secured?
According to some sources it is came to know that the authentication feature be attributed to the high secured database, such database is was fully secured and unable to breach it by the hackers. This database was created by the two national Universities called University of Illinois and National University of Singapore.
What so highly secured database it has?
So as it was deals with the money and number of transactions will be done through it then it will need a high security unless hackers will hack the database. In such a case the face detection should be done with responsive manner so the application will scans the face and gathers the information through 91 angles and it will be in a high security.
For this issue, the developers will compare the faces of the users in a photocopy and as a live one. It means the application system should know whether the user is a real human who is going to use it or he is trying to hack some others.
Every technology in the world will be starts with a use and the advantage behind is that the transactions of money will be faster and highly secured depends on the security conditions, the world will become digital.
Let us hope that the China should succeed in their work and to bring a new, good, high secured application to us and wish them the good.