Imagine if today Aadhaar could spend less than a fifth of its budget on hardware that is currently required for data centres where biometric matching is performed. The impact of applying AI to fingerprint recognition has resulted in much-improved accuracy as well as a reduction of the total cost of ownership. We are happy to confirm that we have already achieved groundbreaking results in our fingerprint matching technology that is in line with our face recognition technology. Based on that success, we applied our expertise in that approach to fingerprint. We have already achieved a world top-tier ranking in facial recognition in NIST (National Institute of Standards and Technology) – the most well known international benchmark in the industry, where you prove how well your technology performs. It is now the basic principle that motivates our approach for our other technologies, such as fingerprint and iris recognition. Technologies driven by Machine Learning have outperformed traditional approaches and we have achieved exponential growth in accuracy and performance in facial recognition technology. We have taken the concepts of AI and Machine Learning and applied them to biometric algorithm development. We are taking the vision of making technology available for everybody very seriously, and are continuously investing in building and improving these technologies.Īs you may have heard, there is a new revolution called AI and Machine Learning, and we are part of this revolution. My co-founder and other employees come from similar backgrounds and experiences. I was personally involved in Aadhaar from day one, so I have seen how it has grown from nothing to what it is today. TECH5 is a technology provider founded by people who have extensive experience in the field of biometrics and identity management. As we all know, there is a digital divide that has been made more evident and has widened as a result of COVID-19, we make sure that we build technologies that every person in society can access and leverage in order to improve their standard of living.Ĭould you also brief us about innovations that TECH5 is working on and how R&D has evolved within TECH5 to ensure continuity in bringing innovations to the industry? These technologies will help to ensure the issuing of IDs that everybody in society can use. However, at the same time, we are also focused on building disruptive and innovative solutions for credentialing. We, as TECH5, are purely technology providers, and our goal is to build the latest and greatest biometric technologies, such as those used in Aadhaar. In the output of the design phase, the decision was made as to which biometric modality to use. Aadhaar, a very good example of such a project, implemented all three modalities. We have invested and built biometric technologies such as facial recognition, fingerprint recognition, and iris recognition, which allow us to ensure that every available program can be made accessible for every citizen.
Our technology has been created for inclusion. Let me begin with the name TECH5, which is an abbreviation of Tech FI, or “Technology for Inclusion.” Inclusion is our core principle, and for us, it means that everyone in society should be able to participate in programs that governments have designed for all people. Please inform us about the operations of TECH5 Addressing TECH5’s initiatives of building AI-based and touchless fingerprint technologies that are inclusive and causing innovation in government, Rahul Parthe, Chief Technology Officer, Co-Founder and Chairman, TECH5, interacted with Harshal Desai of Elets News Network (ENN). Hence, there is a dire need to develop technologies accessible to all and operable by all. In India where 65.53 per cent population resides in villages, as per a World Bank report of 2019, there is a significant digital divide that exists.
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