Mobile devices are rapidly becoming a key computing platform, transforming how people access business and personal information which requires secure authentication. According to Markets and Markets, iris smartphone market is expected to grow at a CARG of 42.48% and reach USD 155.51 million by 2020.
With iris identification, mobile users can be authorized to access the phone in a blink, which is completely contactless. IriTech’s iris on mobile solution has been tested on 5000 people against 1 billion UIDAI database and certified by Indian Government’s STQC with remarkable real field FRR result = 0%. Another big advantage is that IriTech’s iris smartphone has outstanding performance in outdoor environment even under direct sunlight.
IriTech’s New Approach on Face & Iris Tracking
By the end of 2016, Apple manufacturer Foxconn and IriTech have partnered and launched iris-enabled smartphone in India under InFocus brand. In India, mobile has become a convenient and essential channel for public services delivery and myriad of other applications such as: time attendance, benefits distribution, SIM issuance, mobile payment, healthcare, etc.
Currently IriTech is working with several major mobile manufacturers and big camera module manufacturers to implement iris mobile algorithm into different types of smartphones. With the huge application in a variety of industries, iris mobile business is seen as a core and major business sector for IriTech in the next 5 to 10 years.