HomeOtherPros and Cons of Facial Recognition Technology for Businesses

Pros and Cons of Facial Recognition Technology for Businesses

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Facial Recognition technology is following in the footsteps of IoT, drones and artificial intelligence to define our millennium. While federal agencies and the military have been using FRT for several years, it has trickled down into the private sector. Banking institutions find it a speedy, efficient and convenient verification technology. It has caught the attention of regulatory bodies and authorities worldwide to locate terrorists and wanted criminals among large crowds. We’ve seen it in movies where fiction has now become reality in our world – think Star Trek control panel and table tablets. Large corporations like Microsoft, Apple and Google have sophisticated FRT available to businesses.

Source: Facebook

According to Apple, their facial recognition technology projects 30,000 infrared dots to an individual face to authenticate them with a one-in-a-million chance of mistaken identity. FaceFirst creates face recognition for casinos to create a safer environment for both player and operator. Their FRT has robust APIs and flexible SDK that enable casinos to integrate their access control systems, surveillance including third-party VMS to face recognition.

Source: Facebook

It has massive advantages and the online casino industry wait in anticipation for what FRT could mean for their industry. It is something that is wholly possible considering that players can access live casinos as if they are at a land-based casino. Currently, Gesture recognition technology in online casinos is incorporated to offer a more immersive gaming experience. This technology enables computers to understand and execute commands based on hand gestures to make gaming interaction natural. GR devices translate hand signals into a response to control a variety of devices including game consoles, smartphones, etc. Using hand gestures to place chips at an online casino is something that could be very real.

The good

Simple Integration: technology advancement ensures that developers understand the significance of continuous technological evolution. The adequate scope is always left to easily integrate and update their systems to be compatible with other systems. Any technological environment uses multiple systems that sync, and security systems also coordinate with other systems and each other.

High Accuracy Levels: identification systems are precision oriented with 3D facial identification technology paired with infrared cameras that track and monitor every corner of a facility.

Complete Automation: a complete identification process is automated. Paired with cameras, it eliminates the need for security guards. An automated system brings down overall costs and time and eliminates identification processing flaws.

Fraud-Proof: nobody can enter or access anywhere as another person. This prevents employees from accessing confidential information and prevents fraud. Biometric systems cannot be falsified, while password breach is possible.

The bad

Physiological Changes: the system can be thrown off when an individual changes appearance ranging from weight changes, hair color, facial hair or other major changes.

Data Storage: organizations will need a significant amount of additional storage that would require adding numerous computers to store high-quality images.

FRT for identity and verification is the tip of the iceberg and further developmental expansion is expected that will cross over to more industries and uses. Experts are of the opinion that 9.6 billion will be generated with this technology over the next four years.  More pros and cons will be added to the list, but the expectations are that the advantages will outweigh the disadvantages.

TXH
TXH
TXH loves nothing more than kicking back at the end of the day, controller in hand, shooting the hell out of strangers via Xbox Live.

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