What is Faceter? Faceter (FACE) is a decentralized blockchain project focused on digital surveillance that aims to make cameras smart. In this article, as Kriptokoin.com, we have answered questions such as what Faceter is, what it offers, what is FACE, what is it for, how to get it. Let’s examine together this project, which decentralizes surveillance with next-generation data-driven technology such as machine learning.
What is Faceter?
Faceter (FACE) is a blockchain project that advertises itself as “the first decentralized surveillance system for consumers.” The project uses technology such as advanced face detection, object detection and real-time video analysis. By doing this, it transmits data to the cameras. This makes video surveillance intelligent and data-driven. The features installed on the cameras enable them to understand the situation and respond. Thus, all customers get much better security service.
Faceter has a Blockchain-based smart vision technology. This technology is powered by a decentralized miner network. Miners make this product affordable for businesses and mass market consumers. However, the network uses the Proof-of-Work consensus mechanism. That is, miners mine through the CPU power of their own computers. In return for their efforts, miners earn income through cryptocurrencies. However, the network attaches great importance to security and user privacy.
What does Faceter offer?
Video-based surveillance systems are a growing market. As of 2022, the total value of the industry is $75.64 billion. Faceter (FACE) aims to make this market a decentralized, secure, fast and smart place. The products offered by the platform allow customers to better protect their shops and homes. In addition, customers do not have to worry about privacy and data privacy, thanks to Faceter’s technology. That’s because the network uses a model he calls access neural networks to divide tasks.
What is FACE? What does it do?
FACE is the native cryptocurrency of the Faceter network. Built on the Ethereum Blockchain, this ERC-20 token is the fuel of the network. Users and customers can use this token for a number of purposes. Accordingly, the main use case of cryptocurrency is payments. It is possible to pay for Faceter’s security services by FACE or credit card. However, the platform converts your assets into FACE no matter which way you pay. However, the token also allows to reward miners.
What is Faceter? How to get FACE?
The Faceter token is currently only traded on the HitBTC exchange. Investors who want to buy FACE need to access this stock market. They can then purchase FACE by following the steps to become a member and purchase tokens.
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