OpenChat To Experiment With Facial Recognition In Blockchain

• OpenChat is an innovative chat application operating on the Internet Computer blockchain.
• The app aims to authenticate users and deter the use of multiple profiles through facial recognition technology.
• By eliminating the potential for multiple online accounts, OpenChat aims to discourage unjust practices like token farming and airdrop exploitation.
• The emphasis on uniqueness not only enhances security but also promotes fairness and integrity within the app.
• OpenChat utilizes crypto addresses and NFTs for identification and revenue generation, setting itself apart from traditional social media platforms.
• OpenChat has partnered with Modclub for content control and moderation.
• The app presents itself as an open internet service, with no tracking or selling of user information.
• The goal of OpenChat is to promote a decentralized ownership structure through the distribution of governance tokens.
• The global facial recognition market is predicted to grow at a compound annual growth rate of 16.4% from 2023 to 2032.

The overall sentiment of the article is positive, highlighting the innovative features and goals of OpenChat, such as enhancing security, promoting fairness, and establishing a decentralized ownership structure.