There are three distinct ways our hands can provide data: palm veins, prints, and geometry.
A customer tries out palm scan payment at Tencent’s Binhai Building headquarters in Shenzhen. Paying with your palm may soon become the norm for tech users in Southeast Asia as Chinese internet giant Tencent on Thursday announced expansion plans and unveiled its latest tech offerings, which included a new suite of artificial intelligence and model training products.
Mr Coby Chiu, Vice-President of Tencent and Chief Operating Officer of the Cloud and Smart Industries Group, explained why Southeast Asia, where growth of its digital economy is expected to grow to $1 trillion by 2030, will be the first market to experience palm verification technology. Associate Professor Wai Kin Kong from Nanyang Technological University’s College of Computing and Data Science explained that the recognition process involves capturing a palm image with a camera.
Dr Sim explained that veins, or"vascular biometrics" in technical terms, are highly accurate and difficult to spoof."It can distinguish between identical twins, which would fool most facial recognition systems," he said. In various international markets, local laws and regulations concerning data privacy and security must be considered.
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