SmartMetric to Embed Artificial Intelligence Into Its Biometric Credit Card
June 2, 2023
NEW YORK--(BUSINESS WIRE)-- SmartMetric, Inc. (OTC: SMME) While the company is close to releasing its advanced premium fingerprint biometric activated credit card the company’s engineers are now working on adding embedded AI into the card’s electronics.
Since SmartMetric designed its biometric credit card with a dual processor, it has provided the company with the ability to innovate way beyond the simple functions of a standard credit card. The payments processing chip is separate from the advanced cryptographic MCU that is also embedded in the SmartMetric card. This MCE is used for storing the card holder's fingerprint and performing computing functions such as store and match of the user's fingerprint on the card.
Adding embedded AI inside the electronics of the SmartMetric biometric credit card will provide a whole new world of application and real-time uses beyond doing a simple credit card transaction. AI with biometrics is a revolutionary advance in credit card security and user applications.
“Because we already use a separate advanced and powerful MCU with IO ports, we are able to now quickly innovate new functions into our biometric credit card such as embedding AI into our electronics platform said SmartMetric’s President and CEO, Chaya Hendrick.”
“We have a team of some of the smartest electronics and software engineers in the world working for us in Tel Aviv, Israel who are now enthusiastically working on bringing AI as an embedded functional solution into our biometric fingerprint credit card, said Chaya Hendrick.”
The SmartMetric electronics and software team have been working for SmartMetric for over a decade and are well versed in adapting advanced electronic solutions into miniature very thin form factors.
“AI is touching all corners of our world and we are excited to be able to bring functional AI as an embedded solution into the credit card industry,” said Chaya Hendrick.
Embedded AI integrates AI into electronic systems. Embedded AI differs from cloud-based AI because it does not rely on remote computing resources to perform AI tasks. Instead, embedded AI is integrated directly into electronic devices, allowing them to perform AI tasks locally.
To view the SmartMetric Biometric Card please follow this link - Video of the SmartMetric Biometric Card. To view the company website: www.smartmetric.com
Safe Harbor Statement: Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Also such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, if we are unable to access the capital necessary to fund current operations or implement our plans for growth; changes in the competitive environment in our industry and the markets where we operate; our ability to access the capital markets; and other risks discussed in the Company's filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K, which filings are available from the SEC. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. Investors and security holders are urged to carefully review and consider each of SmartMetric Inc. public filings with the SEC, including but not limited to, if applicable, Annual Reports on Form 10-K, proxy statements, Current Reports on Form 8-K and Quarterly Reports on Form 10-Q.
https://cts.businesswire.com/ct/CT?id=bwnews&...mp;lang=en
View source version on businesswire.com: https://www.businesswire.com/news/home/20230602005340/en/
SmartMetric, Inc.
Chaya Hendrick
Tel: (702) 990-3687 Mobile: 305.607.3910 Pacific Time
ceo@smartmetric.com
www.smartmetric.com
Source: SmartMetric, Inc.
June 2, 2023
NEW YORK--(BUSINESS WIRE)-- SmartMetric, Inc. (OTC: SMME) While the company is close to releasing its advanced premium fingerprint biometric activated credit card the company’s engineers are now working on adding embedded AI into the card’s electronics.
Since SmartMetric designed its biometric credit card with a dual processor, it has provided the company with the ability to innovate way beyond the simple functions of a standard credit card. The payments processing chip is separate from the advanced cryptographic MCU that is also embedded in the SmartMetric card. This MCE is used for storing the card holder's fingerprint and performing computing functions such as store and match of the user's fingerprint on the card.
Adding embedded AI inside the electronics of the SmartMetric biometric credit card will provide a whole new world of application and real-time uses beyond doing a simple credit card transaction. AI with biometrics is a revolutionary advance in credit card security and user applications.
“Because we already use a separate advanced and powerful MCU with IO ports, we are able to now quickly innovate new functions into our biometric credit card such as embedding AI into our electronics platform said SmartMetric’s President and CEO, Chaya Hendrick.”
“We have a team of some of the smartest electronics and software engineers in the world working for us in Tel Aviv, Israel who are now enthusiastically working on bringing AI as an embedded functional solution into our biometric fingerprint credit card, said Chaya Hendrick.”
The SmartMetric electronics and software team have been working for SmartMetric for over a decade and are well versed in adapting advanced electronic solutions into miniature very thin form factors.
“AI is touching all corners of our world and we are excited to be able to bring functional AI as an embedded solution into the credit card industry,” said Chaya Hendrick.
Embedded AI integrates AI into electronic systems. Embedded AI differs from cloud-based AI because it does not rely on remote computing resources to perform AI tasks. Instead, embedded AI is integrated directly into electronic devices, allowing them to perform AI tasks locally.
To view the SmartMetric Biometric Card please follow this link - Video of the SmartMetric Biometric Card. To view the company website: www.smartmetric.com
Safe Harbor Statement: Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Also such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, if we are unable to access the capital necessary to fund current operations or implement our plans for growth; changes in the competitive environment in our industry and the markets where we operate; our ability to access the capital markets; and other risks discussed in the Company's filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K, which filings are available from the SEC. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. Investors and security holders are urged to carefully review and consider each of SmartMetric Inc. public filings with the SEC, including but not limited to, if applicable, Annual Reports on Form 10-K, proxy statements, Current Reports on Form 8-K and Quarterly Reports on Form 10-Q.
https://cts.businesswire.com/ct/CT?id=bwnews&...mp;lang=en
View source version on businesswire.com: https://www.businesswire.com/news/home/20230602005340/en/
SmartMetric, Inc.
Chaya Hendrick
Tel: (702) 990-3687 Mobile: 305.607.3910 Pacific Time
ceo@smartmetric.com
www.smartmetric.com
Source: SmartMetric, Inc.
