Biometrics Technology: Trends, Potential and Future Opportunities
October 5, 2020 (Investorideas.com Newswire) Biometrics is the measurement and statistical analysis of people's unique physical and behavioural traits. The technology is mainly used for access control or for identifying individuals who are under surveillance. The basic premise of biometric authentication is that every person is accurately determined by their unique physical or behavioural features. The term biometrics comes from the Greek words bio, meaning life, and metric, meaning to measure.
Although the technology of biometrics has been around for years and is an already established product, adoption is shockingly low, particularly in the business sector. The fingerprint recognition is one of the first types of biometric schemes, along with eye scan, voice and signature recognition and body mapping. They are not science fiction widgets seen in the movies anymore, but a viable, cost-effective solution to some of the most challenging and demanding business security challenges.
Authentication by biometric verification is becoming increasingly common in corporate and public security systems, consumer electronics and sales apps. The driving force behind biometric verification has been convenience, as there are no passwords or tokens to remember or carry with you. Some methods can even operate with no direct contact with the authenticated person.
Land-based casino industry security has long used facial geometry, employing cameras to monitor individuals as they enter and leave the property. If an individual who is banned from a casino tries to enter, he is quickly identified and rejected by the system and later the security guards. Online casinos and iGaming work on similar solutions, with data security, analysis and consumer behaviour being at the forefront.
Even though there is a big competition in the online community regarding gaming operators and offers, not everyone nurtures the culture for innovating in the customer security field. Thankfully, the online audience is quite aware of the latest trends regarding data security and potential breaches. For these reasons, they carefully choose the providers who are transparent and willing to protect their prospect to the maximum standards. For example, if you want to find out more about online bingo games and where you can play and register, check Bingo Scanner - new bingo sites. This is the place where you can find general info for gaming providers, their rating, and of course their bonus offers.
Advantages and benefits
The use of biometrics has plenty of advantages and disadvantages regarding its use, security and other related functions. Biometrics are beneficial because they are:
- hard to fake or steal, unlike passwords
- easy and convenient to use
- generally, the same throughout a user's journey
The challenges that this industry still faces and works towards finding a solution are:
- It is quite expensive to get a biometric system up and to run.
- If the system fails to capture all of the biometric data, it can lead to failure in identification.
- Errors such as false rejects and false accepts can still happen.
Fingerprint mapping is one area that shows great potential, and adoption is picking up quite rapidly. Facial recognition combined with action identification technology is another powerful tool that is increasingly being used, and the industry is quite curious for it. For example, this technology is used in the London subway system to monitor passenger identity and threatening behaviour. The technology is deployed in Osaka, Japan and China when they introduced the driverless train with a facial recognition check-in. The lack of universal back-end systems has slowed the fast adoption. There's a lot to be done on this front. Still, as standards evolve and the understanding of the benefits grows, we can expect exponential growth in leveraging this type of security technology.
This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/