5 Ways Biometric technology is used in today’s business world
Biometrics has become quite a buzzword in the last few years, gradually turning into one of the most important industries in the digital universe. The biometrics market in the United States alone reached almost $5 billion in 2018, but it is expected to grow significantly in the coming decade.
But what makes this technology so important? How does it affect the world as we know it? While most people believe biometrics is jeopardizing personal privacy, the fact remains that it brings substantial benefits to our everyday lives:
- Biometrics ensures accuracy
- The system eliminates a vast majority of safety threats
- Many biometrics solutions are cost-effective
- It is easy to use
- User acceptance is increasing
In this post, we will explain the concept of biometrics and show you five ways the technology is used in today’s business world.
Biometrics: Definition, Types, and Practical Examples
We believe everyone is familiar with the word “biometrics”, but not everybody knows what does it really means. By definition, biometrics is the measurement and statistical analysis of people’s unique physical and behavioral characteristics, used mainly for identification and access control.
The technology comprises many different types, but the most popular formats are currently these:
- Fingertip recognition: Analyzes fingertip structure to identify users
- Iris recognition: Detects specific features in the iris
- Face recognition: The technology is based on features like nose width, chin, and jaw line
- Voice recognition: Used for speaker authentication and/or identification
- Palm recognition: Detects vein patterns or hand geometry
Now that you’ve learned the basics of biometrics, it is time to show you examples of how this technology works in the real-life environment. Let’s take Click to continue reading
