Please change your life!!! Click on the link! you afford this thing?: at the best prices: in conjunction with Wukong Car Rental, has launched the world’s first facial recognition car rental service, powered by technology behind crypto. Cash in China is quickly becoming a thing of the past. And mobile phone payment services, from the likes of Alipay and WeChat Pay, dominate the retail landscape. On the whole, Chinese consumers already use their phones to pay for just about everything. And taking this concept one step further, Alipay has rolled out a facial recognition car rental service. Which they hope will streamline the entire car rental industry in China. At present, renting a car can take up to 30 minutes. But using Alipay’s new service, consumers only need to scan their face and complete the order using their phone. Those with a credit score of 550 or more have the right to wave the deposit. The entire process is less labor-intensive, making it much more efficient. And the bottom line is that customers can be driving off in just 2 minutes. As well as that, the system utilizes crypto technology to track and record the entire rental process. It’s hoped that an immutable ledger will help resolve any disputes that may arise. This service is currently only available in the city of Kunming, Yunan Province. But Wukong Car Rental hopes to roll it out across the entire province this coming year. As convenient as car rental by facial recognition sounds, there are questions over the security of such a system. Even one backed by crypto technology. For example, San Diego-based AI solutions company, Kneron ran a series of tests to trick AliPay and WeChat Pay payment systems. Using photos and sophisticated masks, Kneron operatives were able to fool terminals into allowing payment or access. As starling as this sounds, the company admitted that this is an unlikely occurrence in the real world. This is because they employed specialist mask makers to obtain high-quality masks. However, it still raises doubts over the adequacy of existing systems. Kneron CEO, Albert Liu acknowledges that flaws in current facial recognition technology do exist. But the problem lies with service providers dragging their feet in fixing the issues:All the same, not only is existing facial recognition technology flawed and open to identity fraud, but there are further questions on how this system might impact privacy. Especially one that operates on an immutable crypto ledger. After all, Alipay’s system integrates biometric data and credit ratings, all of which are tied to bank accounts. On that note, Frederik Bussler, who advises the European Commission on AI, talks about facial recognition being a dangerous weapon that authoritarian governments can wield to silence dissidents. With that in mind, by signing up for such systems, are we selling ourselves out just for the sake of convenience?
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World’s Biggest Payment App Alipay Has a Crypto Based Rental Service, but: