Last Update
Mar 1, 2018
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Object and facial recognition and resultant behavioral analysis greatly enhances the capabilities of video surveillance systems to detect potential threats or such events as a smiling customer etc.
The cost of the product is significantly reduced by involving cryptocurrency miners into a decentralized computing network to perform recognition calculations with the added benefit of offering miners a higher income-earning opportunity.
Faceter uses all the nascent opportunities of smart contracts to deliver flexible and transparent payment options and as well as proof-of-recognition mechanisms to a Fog computing network. This is the way Faceter contributes to the growth of the crypto-industry.
Using neural networks, you can teach Faceter to react on variations of certain events.
Faceter does not process the source video stream outside its trusted environment; only anonymized data is transferred to decentralized networks.
1. Object and facial recognition and resultant behavioral analysis - Greatly enhances the capabilities of video surveillance systems to detect potential threats or such events as a smiling customer, a focused employee, etc.
2. Fog computing - The cost of the product is significantly reduced by involving cryptocurrency miners into a decentralized computing network to perform recognition calculations with the added benefit of offering miners a higher income-earning opportunity.
3. Machine learning - Using neural networks, user can teach Faceter to react on variations of certain events.
4. Data protection - Faceter does not process the source video stream outside its trusted environment; only anonymized data is transferred to decentralized networks.
5. Blockchain - Faceter uses all the nascent opportunities of smart contracts to deliver flexible and transparent payment options and as well as proof-of-recognition mechanisms to a Fog computing network. This is the way Faceter contributes to the growth of the crypto-industry.
6. Token - The Faceter token is the “fuel” of a decentralized network enabling flexible, transparent, cross-border closed-loop settlement mechanism for all participants.
The Faceter software complex is designed in the form of a set of modules each of which is executed at different system levels and is responsible for individual stages of the platform operation. The language of ML components development is C++11. In addition, GPU acceleration is actively used.
Stages of the face recognition process
Due to the rapid growth of decentralized services, including blockchain-based services, Faceter plans to build its own computing network by means of attracting individual owners of GPU resources, as well as to use affordable solutions, such as SONM or Golem, instead of expensive cloud services.
Thus, there will be no need to use the expensive monopolized services of Amazon, Microsoft, Google, etc. The use of miners’ resources or other idle computing power can be extremely beneficial both for the owners of these resources and consumers. Even a rough comparison of the cost of renting GPU servers on Amazon Web Services to the amount of compensation paid to miners for block calculations demonstrates a huge difference. In addition, the network complexity is adjusted every few months which allows for the reduction of miners’ rewards, and after new consensus mechanisms are adopted, there will be no need for GPU computing at all.
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Attention. There is a risk that unverified members are not actually members of the team
FACETER is a decentralized surveillance system for consumers to understand video surveillance smart giving n brain to cameras through enhanced face detection, object detection and real time video analysis.
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The platform of great help in improving the security level of t different homes, streets and other small businesses as they are able to afford improvised CCTVs with facial recognition. I would therefore highly invest in this project as many people nowadays prefer their properties and businesses with higher projected returns from the investment.
Faceter has everything to bring this project to success – an idea to resolve a topical world-wide problem, an excellent team that knows what to do and how to do it, all resources required for that. We can expect significant development this year according to their roadmap. At the same time keep in mind that the project’s target market is currently limited to governmental organizations, military and private corporations, and it’s still a question of how they are going to sell the solution to small companies and consumers.
Video surveillance is a key tool when we talk about public safety. Faceter is going to add a hi-tech brain to ordinary video cameras to turn them into your personal never-sleeping policeman.
