After Alipay Railway Security can also "face" the face recognition industry forecast

Following Alipay’s face login function, the railway security system will enter the era of “face brushing”. According to media reports, the face identification team of the Chongqing Branch of the Chinese Academy of Sciences in cooperation with Hohhot Railway Administration recently piloted the application of face recognition technology to railway security systems. At present, China's railway security system can only guarantee the integration of tickets, video surveillance requires a lot of manpower to extract useful information, the introduction of face recognition technology, the security and accuracy of railway security will be greatly improved.
It is reported that the detection accuracy of the face recognition machine is 10 times that of the human eye, the recognition speed is 3 seconds, and it is 5 to 10 seconds lower than the human eye recognition. In addition, face recognition technology is applied to railway security systems to enhance traceability. In the past, the era of relying on human resources to find objects in hundreds of thousands or even millions of portraits will end. Face recognition technology is in large image libraries. Targeting the search object will greatly save time and labor costs.
Since 2015, Alipay and WeChat have taken the lead in launching the application of face recognition technology in China. With the rapid impact of the Internet, the demand for information security and the need for personal identity authentication have been continuously enhanced. Under this background, the concept of biometric recognition in China has gradually become fierce. Among them, the fingerprint identification technology In the past, mature face recognition technology with a higher recognition rate has ushered in an opportunity for development.
Face recognition concept
Face recognition is a kind of biometric recognition technology based on human facial feature information. A camera or camera captures an image or video stream containing faces and automatically detects and tracks the faces in the images and analyzes the detected faces. This type of identification is unique, measurable, automatically recognizable and verifiable, and has a lifetime of change. It can provide higher levels of security than passwords, smart cards, and tokens.
Domestic face recognition development
At present, face recognition has mature applications in government, banking, social security, e-commerce and security defense. Its market share is second only to fingerprint recognition, ranking second. The domestic enterprises that provide face recognition equipment and technical services mainly include Hanwang Technology, Jiadu Technology, HKUST Telecom, Chuanda Zhisheng, Royal Bank of China, and Orbit.
2014 was a crucial year for people to recognize face recognition technology. During this period, the research found that the recognition accuracy of face recognition technology exceeds 99%, and the accuracy of naked eye recognition is only 97.52%. This result makes the voice recognition of human face recognition instead of human identification increase.
Subsequently, face recognition technology emerged in the Internet finance field in 2015. The opening of Weizhong Bank and Ma Yun’s “brushing” payment in Germany demonstrated the market imagination of BAT giants for the integration of internet finance and face recognition. With the strong demand of the market and the promotion of many capital forces, face recognition technology is expected to become the standard of the future Internet finance industry, opening a huge market space in the field of Internet finance.
Face recognition technology development prospects
In the age of the Internet, the value of face recognition technology cannot be underestimated. With the continuous innovation of business models, the potential global market for face recognition exceeds trillions of dollars. Due to factors such as the population base, the popularity of the Internet, and the advantages of face recognition technology, China will become the main battlefield in the field of face recognition. The face recognition market in China can increase from RMB 1.67 billion in 2012 to RMB 7.5 billion in 2015. The potential market size in the future will exceed RMB 100 billion.

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