Affluence Corporation’s (OTCMKTS:AFFU) OneMind Technologies Partners with Corsight AI to Boost Security in Smart Cities
About:
Affluence Corporation (OTCMKTS:AFFU) – Corsight AI is a leading facial recognition technology provider. It is committed to creating state-of-the-art solutions with unmatched speed and accuracy. The technology is powered by Autonomous AI, the most advanced artificial intelligence system. The company works with government agencies and companies in multiple sectors, including law enforcement, aviation, retail, entertainment, and more.
Market Stats
On Wednesday, AFFU stock moved down 2.33% to $0.0231 with more than 44K shares, compared to its average volume of 415K shares. The stock moved within a range of $0.0231 – 0.0250after opening trading at $0.0240.
Corsight AI Partners with OneMind Technologies to Enhance Security in Smart Cities
Affluence Corporation announced a partnership between its wholly owned subsidiary OneMind Technologies and Corsight AI. Corsight is a leading provider of facial recognition solutions that codifies privacy requirements and is unrivaled in its speed and accuracy, to support the development of safe smart cities across the globe.
Corsight AI has recently been recognized by NIST (National Institute of Standards and Technology) as a leading provider for proactively reducing bias. It delivers Facial Recognition Technology (FRT) that allows for ethical and accurate biometric detection, prioritizes data privacy, and significantly reduces the chances of false positives.
The cutting-edge AI-powered solution is set to integrate with OneMind hypervisors, which provide operators with a holistic picture of real-time smart city performance. It will improve security in smart environments and expedite incident remediation.
Did you know the global smart city market value is predicted to surge big time by 2030? It has been found that these connected environments and the technologies that power them are able to reduce crime by 30% to 40%! The partnership between OneMind and Corsight AI is an example of how IoT integrations can support police forces with increased intelligence to identify and fight criminal behavior and protect the community.
OneMind’s recently launched Hypervisor SVI is a real-time detection product to aid police departments in responding to carjackings and vehicle thefts. The OneMind Hypervisor SVI product integrates systems for License Plate Recognition, Record Management, Vehicle Registration, Facial Recognition, and Computer Aided Dispatch to monitor vehicle license plates and compares it with stolen vehicles.
If a positive match is detected, a real-time alert is sent to the operator. It also provides information about the vehicle from the Registration System and initiates action dispatch to the closest available police patrol to stop and identify the driver through facial recognition software. The product has currently passed several live evaluations and the first purchase order is expected within the next 60 days.
Stephane Eyme, CEO of OneMind Technologies, is thrilled to partner with Corsight, as the collaboration offers great value to both companies. The objective is to make OneMind Technologies the industry standard for Hypervisors for Smart Cities providing real-time performance management. Rob Watts, CEO of Corsight AI, further elaborates that the partnership with OneMind is a major step toward creating safer connected environments in which AI-powered technology can be used to help others.
Traders Corner
AFFU stock is trading below the 20-Day and 50-Day Moving averages of $0.0260 and $0.0257. Moreover, the stock is trading below the 200-Day moving average of $0.0720.