Chinese Use Faces to Pay for KFC

China’s rise as an economic power has been relentless. State leaders have pulled every lever to maintain at least high single-digit growth.   Now, the emerging superpower has secured a powerful technological and economic advantage over the West.   Since 2015, its Ministry of Public Security has been amassing a facial-recognition system capable of recognizing any one of its 1.3 billion citizens within three seconds.   In the big data era, this system’s database could eventually hold incredibly valuable raw material – details like where these people go, what they do, what they buy and what they eat.   It’s not the first time China has ramped up innovation to spur commerce and security. Historically, the Land of the Dragon has been at the vanguard of technology.   In the early age of metallurgy, it was the leading producer of ...To read the rest of Jon Markman’s article, click here...