Digital Security Features

In today’s world, the use of digital security features is on the rise. Internet security  is a notable feature used for protection against intrusion by unauthorized users. Companies like McAfee  provide internet security products to guard computers against viruses as well as to secure firewalls and guard against spyware.

Telecommunication devices use SIM cards (Subscriber Identity Module) that are digitally secure. The SIM card is embedded in cellular devices to provide a digitally safe environment. The interfaces are defined to an HTTP server in a smart card by the Smart Card Web Servers draft standard (SCWS). Tests are currently done to secure OTA (Over-The-Air) credit card information and payments across mobile devices. Some recent telecommunication developments include digital security mobile signatures. They use an embedded SIM card to generate a legally binding electronic signature.

The SSL (Secure Socket Layer), domain name services ,TLS (Transport Layer Security), identity management, and authentication services are web technologies for improving security between browsers and websites. They enable consumers and companies to have secure commerce and communications. Versions of SSL and TLS are used today in web browsers and e-mail. Various interoperable implementations of these technologies (including their open source property) allow anyone to view the application’s source code, test it, and report vulnerabilities. Further developments by Visa and MasterCard companies include secure EMV chips which are embedded in credit cards.

Most modern passports use an embedded microchip that stores a digitized photograph and information such as name and gender. Additionally, the advances in online credit card transactions in partnership with the airlines have assisted the industry in moving from the use of traditional paper tickets to the current electronic tickets.  

Digital security features are also used by the FBI, the CIA, and the Pentagon, as well as by the entrepreneurial world to secure controlled access. Image processing applications are a new approach with combined network DVR capabilities. It contains intelligent access control and an alarm monitoring panel functionality. Digital video monitoring, access control, and intrusion detection have been combined into a single panel solution to help security officers display live and stored video associated with alarm conditions and cardholder activity.

History Of Facial Recognition Security

Facial recognition security dates back to 1839 when the camera was seen as a tool for tracking down lawbreakers. The Pinkerton National Detective Agency that was founded in 1850 claimed to be the first organization to photograph people after making arrests. In England, a regular system of prison photography was introduced in 1852, both to make prisoners easier to find if they escaped, and to enable record-sharing with other police stations.

In the late 19th century, Alphonse Bertillon, a police official in Paris, developed a sophisticated system that combined and stored precise body measurements and mug shots into a database that could be searched manually to identify individual criminals.

In 1865, police had to glue photographs of criminals onto their “Wanted” posters. One of the earliest such posters was the portrait photograph of John Wilkes Booth who had assassinated Abraham Lincoln.

During the mid-1960s Woodrow Wilson Bledsoe devised a system that noted key facial landmarks, for instance the width of the mouth on a picture. His works led to the first experiments with semi-automated computer-based facial recognition.

By the 1980s some companies and academicians had adopted the Automated Personnel Identification System or Biometrics. The tragedy of 9/11 led to sales expansion of biometric developments in America. Currently, high-tech facial recognition technology is being used by the U.S. domestic police as well as the department of defense.

The global market of biometrics grew from $400 million in 2000 to $5 billion in 2011 and is projected to shoot up to  $23 billion by 2019. The key driving factor is the spread of digital camera technology and internet photo sharing sites where people may post images of themselves. Consequently, companies are experimenting with the use of facial recognition technology to steward sales and attention.

Microsoft Face API

Microsoft Face API is a cloud-based service that provides the most advanced facial algorithms. Face API has two main functions; face recognition and face detection. Face API detects up to 64 human faces with high precision face location within an image that can be specified by file in bytes or a valid URL. Face detection extracts a series of face related attributes such as pose, gender, age, head pose, facial hair, and glasses.

Face recognition is widely used in security, natural user interface, image content analysis, and management. Some four face recognition functions include; face verification, finding similar faces, face grouping, and person identification. Authentication against two detected faces or authentication from one detected face to one person object is performed by Face API verification. When given a target detected face and a set of candidate faces to search with, Face API finds a small set of faces that look most similar to the target face. The two working modes, matchface and matchperson, ignores the same-person threshold and returns top similar candidate faces. Matchperson mode returns similar faces after applying a same-person threshold derived from ‘Verify’. Given one set of unknown face groupings, API automatically divides them into several classes based on similarity. Each group is a disjointed proper subset of the original unknown face set and contains similar faces. And all the faces in the same group can be considered to belong to the same person object.

Digital Wallets

A digital wallet is an electronic device that enables a user to make electronic transactions such as purchasing items online with a computer. Bank account and other ID documents can also be linked to the digital wallet.

A digital wallet has both software and information components. The software offers security and encryption services for the individual’s information and for the actual transactions. Digital wallets are stored on the user side, easily self-maintained and fully compatible with most e-commerce web sites. An organization can create a server-side digital wallet that’s maintained on it’s servers. Server-side digital wallets are safe, efficient, and add utility to the end-user. The information components such as shipping and billing address are basically a database of user-input information.

Digital wallets are composed of both digital wallet devices and digital wallet systems. Digital wallet systems provide the use of digital wallet transactions among various retail vendors in the form of mobile payment systems and digital wallet applications. Mobile Wallet Application is a decentralized mobile wallet app developed using blockchain technology, mobile devices, and advanced security features, including a biometric identification system: Microsoft Face API. The blockchain simplifies the process of making payments as well as trading and exchanging digital currencies and digital gold assets among individuals with real-time price monitoring features. The wallet is integrated with Visa Debit Cards & NFC Smart Cards to merge conventional financial services and the cryptocurrency market.

Blockchain Technology

By using cryptography to keep exchanges secure, blockchains provides a decentralized database of transactions that everyone on the network can follow. This network is basically a series of computers that must approve an exchange before it can be verified and recorded. Blockchains store the information of every transaction of (usually) a particular digital currency.  The technology can work for virtually all types of transactions involving value, including money. Blockchains could also help to reduce fraud because every transaction would be recorded and distributed on a public ledger for anyone to see. Theoretically, anyone with access to the internet would be able to use it to make transactions.

The Future Of Blockchains

The future of finance could be dominated by blockchain technology. According to a survey by the World Economic Forum’s Global Agenda Council, only a very small proportion of global GDP (around 0.025%, or $20 billion) is held in blockchains. The Forum’s research suggests that this number will rise in the next decade, as banks, insurers, and tech firms embrace the technology to hasten settlements and cut costs. Cryptographically secured currencies will become widely used as blockchain will be adopted by central banks. Banks will drive efficiency and potentially create new asset classes through the settlement of currency, equity, and fixed income trades. Blockchain technology could reduce the UBS’s infrastructure costs in cross-border payments, securities trading, and regulatory compliance by as much as $20 billion a year by 2022. Moreover, blockchain technology could be used to distribute social welfare in developing nations and governments.