We are glad to announce that FACE token, the native token of the Faceter platform is now being traded on HitBTC.
Faceter is an advanced intelligent software for videostream analysis and facial recognition for business, government and consumers, developed to significantly reduce crime in the society. The computer vision technology on the blockchain powered by a decentralized network of miners makes the product affordable for all-sized businesses and mass market consumers.
The benefit from a mining perspective is that a contribution of miner’s resources to Faceter is twice as profitable as the mining of Ether on the same Graphic Processing Units. Faceter’s technological core is the absolute respect for privacy, so utilization of the features of convolutional neural networks to split the tasks reinforces this commitment.
As a result, the sensitive data is always processed in a completely trusted environment, and all images not subject to recovery are passed to the decentralized network.
Faceter’s own token will be used as a basis for making payments between consumers of intelligent video surveillance services and network participants.
To learn more, visit Faceter’s official website