The following is based on a translation of a report in Chinese media:
In its primetime news report, CCTV says that in the past there has been a foreign monopoly on finger vein recognition technology.
However, they say that China is now making breakthroughs in this technology that will make China a world leader.
Its error rate is only one twentieth of fingerprint recognition and finger vein is more difficult to fake.
The report says that, due to China’s current reform that stresses creation and innovation, Shanghai OGIS Tonghua Software Co., Ltd., a company that used to be a software design contractor, can now create its own exclusive products.
The company spends 20% of its annual profits in research and development of the new technology.
Through more than 100 experiments, the company has finally succeeded in developing its finger vein recognition device.
Many airports abroad have placed orders for the devices while many more Chinese domestic giants have shown great interest in the devices.
Source: CCTV “Our country’s enterprise has made creative breakthrough in “vein recognition’ technology” (summary by Chan Kai Yee based on the report in Chinese)
- Twice as many expatriates leaving China than arriving, as China loses its appeal (chinadailymail.com)
- China claims to be building space warfare force with combat capability (chinadailymail.com)
- China’s real GDP growth rate plummets to 1.7 percent, not the 7.4 percent reported by the government (chinadailymail.com)
- China developing 180,000-ton double-hull aircraft carrier (chinadailymail.com)
- Revamping defence strategy vital for US to prevent being surpassed by China (chinadailymail.com)
- Fingerprint firm Goodix expands U.S. operations into Silicon Valley, Southern California (biometricupdate.com)
- Leak shows how a Google Nexus 6 with a fingerprint reader would have looked like (phonearena.com)
- Hackers can remotely steal your identity using Android fingerprint scanners (businessinsider.com)
- HTC stored unencrypted fingerprints (oddonion.com)
- Zuk Z1 With USB 3.0 Type C Port and Fingerprint Scanner Announced (gadgetstouse.com)
Categories: Communication & Technology