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By rolling out a device equipped with more advanced facial recognition technology, users can enjoy an even more convenient method of paying for goods and services without using smartphones. The Frog Pro features a 10.1-inch double-sided screen, a 3D depth-sensing camera for the facial recognition payment function and a QR code scanner 
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ARK Invest aims to identify large-scale investment opportunities resulting from technological change. We believe innovation is key to growth. From a broad spectrum of disruptive innovations, Big Ideas represents our annual breakout of technologies that we believe will accelerate significantly in the months ahead.
Farid Mheir's insight:
WHY THIS IS IMPORTANT Investment firms tend to be very traditional in their approach. This one appears to be embracing the digital transformation and making very insightful research that - from what they claim - guides their investments. Great idea. Now we'll see if their assumptions prove right and generate more returns than other investment guidance. I have a feeling it will.
Topics covered: 3D printing, additive manufacturing, artificial intelligence, automation, autonomous taxis, autonomous vehicles, bitcoin, blockchain, CRISPR, cryptocurrency, deep learning, dna sequencing, fintech, genomics, machine learning, mobile, robotics, shared autonomous vehicles
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Curated by Farid Mheir
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WHY IT MATTERS: this is the obvious killer app for facial recognition - it uses AI technology and similar hardware that iPhone uses to unlock your screen. You can now spend without any friction, not event the need to take your phone out of your pocket. Of course this raises obvious privacy and security concerns - but in China the concept of privacy appears different than in the West. But the most important factor is that Asia is deploying this *at scale* first, waaaaaaayyyy before the USA where you still have to sign paper slips for credit card transactions... Who is leading the techno war these days?