Ontology, the company behind the native cryptocurrency ONT, today announced a partnership with the Artificial Inteligence giant Sensetime.

By Ontology 28/9/2018: Ontology has announced its cooperation with AI enterprise SenseTime, the world’s highest-valued AI startup. Based on Ontology’s underlying public chain, SenseTime will provide various types of verification services to ensure the authenticity of user identity via identification documents, facial comparison, and other functions. These will provide support in computerization and deep learning research and application.

With a mission of “uphold originality and let AI lead human progress”, SenseTime has built a world-class independent research and development deep learning supercomputer center, pushing out AI technologies in various industries including facial recognition, image recognition, text recognition, unmanned vehicles, and remote sensing. SenseTime is the largest AI algorithm provider in China. It has provided services to more than 700 companies across the globe such as Honda, UnionPay, Wanda, and Huawei, with the highest market share in many core areas such as smart cities, smartphones, interactive entertainment, automobiles, and finance.

With this cooperation, SenseTime will provide Ontology with SenseID identity verification, SenseOCR general text recognition, and other AI technology support.
SenseID identity verification includes video and text verification, as well as other formats, and uses multiple verification methods, such as interacting with users in real time via camera and card number recognition, to assure the authenticity and reliability of information.
The SenseTime public cloud web API function can verify videos and photos sent by users using facial comparison, facial search, and other technologies to make judgments on user identities.

Speaking about this cooperation, Ontology’s founder LI Jun said:

“In this era where everything is interconnected, the integration of artificial intelligence and blockchain technology can bring limitless possibilities. Ontology is honored to cooperate with a world-leading artificial intelligence enterprise such as SenseTime. It is an innovative attempt at blockchain and AI, which will bring faster and more effective verification services. Ontology looks forward to bring more convenient and reliable verification services and high-speed experience for users, further promoting Ontology’s distributed trust ecosystem”.

About SenseTime

SenseTime is a world-leading artificial intelligence platform. The company’s total financing exceeds 1.6 billion USD and is valued at 4.5 billion USD.
With a mission of “uphold originality and let AI lead human progress”, SenseTime has built a world-class independent research and development deep learning supercomputer center, pushing out AI technologies in various industries including facial recognition, image recognition, text recognition, unmanned vehicles, and remote sensing. SenseTime is the largest AI algorithm provider in China.
It has cooperated with more than 700 client companies and partners at home and abroad, including world well-known companies and institutions, such as MIT, Qualcomm, Nvida, Honda, Alibaba, Suning, China Mobile, UnionPay, Wanda, Huawei, Xiaomi, OPPO, Vivo, Weibo, and iFlytek, with the highest market share in many core vertical areas such as smart city, smartphone, interactive entertainment and advertisement, automobile, finance, retail, education, real estate, and more.
SenseTime has offices in Hong Kong, Beijing, Shenzhen, Shanghai, Chengdu, Hangzhou, Kyoto, Tokyo, and Singapore.

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