ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

SmartMetric to Embed Artificial Intelligence Into Its Biometric Credit Card

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.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  231.47
-3.22 (-1.37%)
AAPL  266.35
-6.06 (-2.22%)
AMD  238.31
-8.50 (-3.45%)
BAC  51.50
-1.11 (-2.11%)
GOOG  285.15
+8.17 (2.95%)
META  596.70
-12.76 (-2.09%)
MSFT  506.12
-4.06 (-0.80%)
NVDA  184.69
-5.47 (-2.88%)
ORCL  217.43
-5.42 (-2.43%)
TSLA  406.53
+2.18 (0.54%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.