Project Description
That China is a leader in cutting-edge technologies is beyond dispute. China is miles ahead of other countries on mobile payments, where cashless transactions are already commonplace in the country’s major cities. Facial recognition technology represents just one aspect of how Chinese innovations are changing the game, and its use cases could indicate what business trends will emerge in the U.S. and elsewhere over time.
“I don’t think startups in America are necessarily going to reinvent the wheel and try to come up with something brand new that people will use facial recognition for,” said Daniel Levine, a trends expert. “I think they’re actually looking at China to look at what works and see if they can bring it here.”