‘Minority Report’ May Come to Real World With Iris Recognition
By Chris Dolmetsch - Feb 2, 2011 12:00 AM ET
If Hoyos Corp. has its way, the world will soon resemble a Tom Cruise movie.
A closely held company based in Puerto Rico, Hoyos makes devices that photograph human irises for identification purposes, like the technology featured in the films “Mission: Impossible” and “Minority Report.”
In the movies, the technology protects super-secret labs and high-security vaults, helps chase down criminals and flashes personalized ads. In the real world, it screens employees of Bank of America Corp. and travelers at London’s Heathrow Airport and helps New York City police track prisoners.
As key patents expire and costs fall, Hoyos wants to make the technology ubiquitous, installing it on mobile phones to verify online payments and cash machines to replace bank cards that require personal identification numbers, said Chief Development Officer Jeff Carter.
“The cost of the devices has come down and the fraud is going up at such an escalating rate that it’s beginning to make sense,” Carter said in an interview at the New York offices of Hoyos, formerly known as Global Rainmakers Inc. Civil libertarians warn that the technology’s use may come with complications for privacy, and increased reliance on it may heighten the risk of misidentification.
Physical Characteristics
Biometric technology such as iris recognition uses physical characteristics including facial shape, fingerprints, retinal photos and iris patterns to confirm identities.
The technology works by photographing the iris, the colored membrane that controls how much light reaches the retina, and converting the picture into a computer code. The code is compared with one in a database.
Its history goes back to 1936, when Frank Burch, an ophthalmologist in St. Paul, Minnesota, proposed identifying people using the furrows, ridges, rings and freckling that make every iris unique.
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