Biometrics seems to be the future of security and payment systems. Although not mainstream yet, fingerprints and retina scans are already being used. Hitachi has developed and is planning to field test the next technology in biometric systems using the veins inside our fingers. Infrared LEDs and a camera scans a person's finger, checking it against a database (just like fingerprints). Supposedly, finger veins are more secure due to their hard-to-duplicate pattern.
Implications - Many of today's consumers are mesmerized by products boasting complicated and complex technological characteristics. Such products are highly reflective of modernity and the accomplishments of the human race. Businesses that are able to deliver the most advanced technology and cutting-edge innovations in their products will likely generate high-levels of success.
What Makes This Trend Stand Out
- Biometric Security
- Opportunity for businesses to develop innovative security systems using biometric technology.
- Finger Vein Authentication
- Potential for businesses to create secure payment systems utilizing finger vein scanning.
- Advancements in Biometrics
- Opportunity for businesses to capitalize on the growing demand for advanced biometric technologies.
Sectors Adopting This
- Security Systems
- Disruptive innovation opportunities in developing biometric-based security systems.
- Payment Technology
- Opportunity for disruptive innovation in the field of secure payment systems incorporating finger vein authentication.
- Biometric Technology
- Opportunity for businesses to innovate and develop advanced biometric technologies for various industries.
