Coinbase began testing the famous face recognition system from the American startup Clearview AI.
The Clearview AI system is currently used by more than 2200 organizations. Through artificial intelligence, the system uses a database of images collected on Facebook, Twitter, YouTube, and other sites. In this case, data is collected without the consent of users.
The company has been cooperating with more than 600 government departments since 2019. In particular, the police and special services of the United States and Canada received access to the system. Moreover, the system has previously been tested by the financial giants Bank of America and Wells Fargo.
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Many experts believe that data collection methods violate social media policies. For example, Facebook, Google, and Twitter have already announced that they have begun verification. However, representatives of Clearview AI claim that the system uses only public images. That is, if the user changes the privacy settings on Facebook, the system will not include photos from the profile.
It is also noteworthy that Clearview AI stores all images, even if they are subsequently deleted from the source.
According to Pitchbook, in 2017, Clearview AI received funding from Kirenaga Partners and Peter Thiel. The latter provided $ 200 thousand, thus obtaining a share in the startup. In 2019, Clearview AI raised another $ 7 million from a group of investors as part of the Series A funding round.