Jan. 7, 2025 /Mpelembe Media/ — The Prism Project’s report on the biometric digital identity market projects a $315 billion revenue opportunity by 2024, driven by increasing adoption across various sectors. Key findings highlight significant growth in biometric and digital identity transactions globally, alongside challenges and opportunities within the industry.
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Tag Archives: Identification
Tech downturn slashes billions from value of world’s top brands
Amazon has reclaimed top spot as the world’s most valuable brand despite its brand value falling 15% from US$350.3 billion to US$299.3 billion, according to a new report from leading brand valuation consultancy, Brand Finance. Continue reading
Neurotechnology Announces the Release of SentiVeillance Cluster, Ready-to-Use Software for Surveillance Systems with Clustered Architecture Implementation for Smart-city-scale Projects
Neurotechnology, a provider of deep learning-based solutions and high-precision biometric identification technologies, today announced the release of SentiVeillance Cluster for real-time biometric face identification, tracking of people and vehicles and automatic vehicle license plate recognition. The solution has been designed for expansive surveillance systems supporting continuous video streams from multiple servers. It provides operators with structured and sorted live data, enabling faster decision-making in a variety of scenarios, including law enforcement, security and smart city monitoring applications. Continue reading