EyeS­mart ex­ploits biz po­ten­tial in iris

China Daily (Canada) - - DEPTH - By FANFEIFEI in Bei­jing and ZHOU LIHUA in­Wuhan

Bei­jing startup finds mul­ti­ple ap­pli­ca­tions for its new method of es­tab­lish­ing iden­tity

EyeS­mart Tech­nol­ogy Ltd, a Bei­jing-based startup, has ap­plied bio­met­ric iris recog­ni­tion tech­nol­ogy to fi­nance, ed­u­ca­tion, public se­cu­rity, so­cial se­cu­rity, health­care and public wel­fare.

Iris recog­ni­tion is a method of iden­ti­fy­ing peo­ple based on unique pat­terns within the ring-shaped re­gion sur­round­ing the pupil. As the iris of each per­son is unique and doesn’t de­gen­er­ate over time, forgery and iden­tity theft are dif­fi­cult, ac­cord­ing to EyeS­mart.

Wang Xiaopeng, founder of EyeS­mart, said: “Com­pared with fa­cial and fin­ger­print recog­ni­tion, the er­ror rate of iris recog­ni­tion is much lower. Iris recog­ni­tion is the­most­stable, ac­cu­rate and safest bio­met­ric iden­ti­fi­ca­tion tech­nol­ogy at present.”

With the devel­op­ment of new tech­nol­ogy, the re­quire­ment for in­for­ma­tion se­cu­rity is be­com­ing in­creas­ingly high. Iris recog­ni­tion has be­come valu­able in na­tional se­cu­rity, mil­i­tary se­cu­rity, public safety and per­sonal in­for­ma­tion se­cu­rity.

Wang said EyeS­mart’s iris recog­ni­tion tech­nol­ogy does not re­quire users to stand close to the ma­chine as the hard­ware is able to iden­tify some­one six me­ters away and even if they are mov­ing.

“Tra­di­tional fin­ger­print and fa­cial recog­ni­tion have some po­ten­tial risks. For in­stance, peo­ple could un­dergo plas­tic surgery and fin­ger­prints are easy to copy,” saidWang.

He added the iris recog­ni­tion tech­nol­ogy does not re­quire a card, pass­word or phys­i­cal con­tact whether it is for mak­ing con­tact­less pay­ment, us­ing the tech in a smart home or a smart car.

Founded in 2010, EyeS­mart now pro­vides spe­cial­ized iris recog­ni­tion prod­ucts and so­lu­tions for hi-tech com­pa­nies. Its prod­ucts are used at banks, air­ports and hos­pi­tals.

InDe­cem­ber 2014, it launched the world’s first iris phone. Users are able to un­lock the phone or log in and even en­crypt files by iris.

It also par­tic­i­pated in In­dia’s na­tional bio­met­ric iden­ti­fi­ca­tion sys­tem, pro­vid­ing key tech­nol­ogy sup­port.

In Septem­ber 2010, In­dia launched the bio­met­ric iden­ti­fi­ca­tion sys­tem, and­col­lected data of res­i­dents, stored it and is­sued a 12-digit unique iden­ti­fi­ca­tion num­ber called Aad­haar to each res­i­dent of In­dia.

The Unique Iden­ti­fi­ca­tion Au­thor­ity of In­dia is re­spon­si­ble for the project, while EyeS­mart worked on the project and fin­ished the task of col­lect­ing the iris in­for­ma­tion of 1.2 bil­lion peo­ple in In­dia in 2016.

“In the next fewyears, wewill pro­vide var­i­ous iden­tity-based au­then­ti­ca­tion so­lu­tions with cer­ti­fi­ca­tion com­pa­nies in In­dia for res­i­dents, which in­clude cer­tifi­cates of bank trans­fer, con­sump­tion, pay­ments, loans, salary pay­ments and med­i­cal in­sur­ance,” saidWang.

“In­dian res­i­dents could en­joy dig­i­tal med­i­cal ser­vices, so­cial se­cu­rity, train­ing, em­ploy­ment and on­line pay­ment. The In­dian govern­ment can also is­sue a sub­sidy and an al­lowance for tar­geted res­i­dents and mon­i­tor their health con­di­tions.”

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