#AI
Sector Snapshot: New #Biometric #ArtificialIntelligence Patents ( $GTCH) ( $AAPL) ( $BAC) ( $SPOT) @GbtTechnologies @Apple @BankofAmerica @Spotify
Point Roberts WA, Vancouver BC–February 19, 2021 – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) issues a sector snapshot looking at recent security and biometric patent filings, updates and grants in the sector featuring technology company GBT Technologies Inc. (OTCPINK:GTCH).
Read
this article, featuring GTCH in full at https://www.investorideas.com/news/2021/artificial-intelligence/02191GTCH-AAPL-BAC-SPOT.asp
According to recent
research, “The Biometric market size is
projected to grow USD 36.6 billion in 2020 to USD 68.6 billion by 2025; it is
estimated to grow at a CAGR of 13.4% during the forecast period. Increasing use
of biometrics in consumer electronic devices for authentication and
identification purposes, the growing need for surveillance and security with
the heightened threat of terrorist attacks, and the surging adoption of
biometric technology in automotive applications are the major factor propelling
the growth of the biometric system market.”
GBT Technologies Inc. (OTCPINK:GTCH), a company deeply entrenched in developing AI technology and with a growing patent portfolio, recently announced it had filed with US Patent and Trademark Office (“USPTO”), a patent for an AI facial recognition system, for computers and mobile devices. The application has been assigned serial number 63147326 and the filing date is February 9, 2021. The deadline for filing a US non-provisional, PCT, or other foreign applications is February 9, 2022.
The invention is presenting an AI based
security system for smartphones and computers. The patent contemplates a system
including an artificial intelligence technology to learn the user’s facial and
body features; among them are skull size, eyes distance and bone structure.
“The security of our electronic devices has
become a major challenge in the past decade as we witness a significant
increase in cybercrimes. As we are working on our health monitoring hardware
and software technology, we aim to provide the highest level of data security
and privacy for our users. Computer vision algorithms are applied directly to
the given three-dimensional data that is taken by camera to develop detectors
for locally interesting points. We apply vision-based methods to construct 3D
object models from full or partial views. We are also introducing algorithms
that consider spectral geometric features on structures, recognizing vertexes
using stereotypical vision. We measure facial and bodily points distances and
transform them into a 3D point figure using internal calibration algorithms. We
expect that this process is done once during the user’s training stage. We plan
to evaluate further applications for this type of technology like health
watcher system, fitness monitoring, airport security and law enforcement,”
stated Danny Rittman, the Company’s CTO.
Always a leader in technology, Apple (NASDAQ:
AAPL) has updated
its dual biometric patent according
to patentlyapple.com.
From
the article: “Before there was ever a rumor of
Apple introducing an iPhone with both Touch and Face ID there was a patent
describing such a possibility. Patently Apple discovered and reported on the
original patent that was discovered in Europe back in December 2018.”
From
the article: “Apple's European patent application
states that biometric authentication, for instance of a face, iris, or
fingerprint, using electronic devices is a convenient and efficient method of
authenticating users of the electronic devices. Biometric authentication allows
a device to quickly and easily verify the identity of any number of users.”
From
the article: “On Thursday, the US Patent &
Trademark Office published a new continuation patent from Apple wherein they're
combining their original provisional patent along with several continuation
patents into a single patent filing while adding 33 new patent claims to
further protect their invention that may be coming to market in 2021-2022
iPhones.”
Also, according to
BiometricUpdate.com, “A patent newly granted
to Apple reveals a method for using ‘heat maps’ to biometrically
identify and authenticate a Face ID user whose face is blocked by an object
like a mask or their hair.”
“The patent for ‘Occlusion detection for facial
recognition processes’ was
awarded by the U.S. Patent and Trademark Office (USPTO), and describes heat
maps estimating the location of facial features (or “landmarks”) like the
user’s eyes, mouth and nose. The heat map can also include values to represent
facial regions that are occluded, and use it in combination with the estimated
feature locations to assess landmark occlusion by overlaying the occlusion heat
map onto the map if features.”
Bank of
America ( NYSE: BAC) recently reported that its inventors filed 722 patent
applications with the United States Patent Office last year, the most in the
company’s history. This record came while 85% of the company’s workforce was
working from home due to the coronavirus. Separately, the bank was granted 444
patents in 2020, also a company record, during a period when US patents granted
overall were down 1%.
Some key
themes of patents the bank applied for in 2020 include:
Information
security, (including cybersecurity), use of biometrics for encoding, deepfake
and fraud detection and monitoring, ATM technology, Data integrity and
monitoring using artificial intelligence (AI) or machine learning, Fully
functioning payment instruments and Network management and network traffic
analysis.
Filing for
a biometric AI patent with a completely different application, Spotify
Technology S.A. (NYSE: SPOT) was granted a patent entitled “Identification of Taste Attributes
From an Audio Signal.”
Forbes reported on the patent noting, “Spotify describes a technology that
uses speech monitoring and analysis to curate personalized recommendations for
each listener. By extracting metadata from your conversations like emotional
state, age, gender, and accent, and combining that with environmental metadata
like physical environment and social environment, Spotify outlines “an entirely
different approach to collecting taste attributes of a user.”
The use of
AI in biometrics will require a balance to meet the needs of privacy advocates
as recent issues with Clearview AI resulted in an investigation
by the Privacy Commissioner of Canada.
For consumers
and investors, it is a sure bet that the technology is here today and in the
future, with companies aiming to make
life safer and easier for all.
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on Investorideas.com visit here
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About
GBT Technologies Inc.
GBT
Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is a development stage company which
considers itself a native of Internet of Things (IoT), Artificial Intelligence
(AI) and Enabled Mobile Technology Platforms used to increase IC performance.
GBT has assembled a team with extensive technology expertise and is building an
intellectual property portfolio consisting of many patents. GBT’s mission, to
license the technology and IP to synergetic partners in the areas of hardware
and software. Once commercialized, it is GBT’s goal to have a suite of products
including smart microchips, AI, encryption, Blockchain, IC design, mobile
security applications, database management protocols, with tracking and
supporting cloud software (without the need for GPS). GBT envisions this system
as a creation of a global mesh network using advanced nodes and super
performing new generation IC technology. The core of the system will be its
advanced microchip technology; technology that can be installed in any mobile
or fixed device worldwide. GBT’s vision is to produce this system as a low
cost, secure, private-mesh-network between any and all enabled devices. Thus,
providing shared processing, advanced mobile database management and sharing
while using these enhanced mobile features as an alternative to traditional
carrier services.
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