INSPEM: THE VIDEO ANALYTICS REEVOLUTION THROUGH BLOCKCHAIN

The concept of the inspem service was introduced in 2015. It allows users to find other people that they have randomly encountered on the subway, in the parks or any other locations. Then by 2016, the team decided to change its direction. A new vision was formed as regard to the INSPEM platform which is to reach the multibillion market and become a more technologically advanced company, which will employ artificial intelligence and will also be able to apply video analytics based on learning neural networks for face recognition.

In today’s world, video is the world’s vastest information source. The large scale of the INSPEM service is to allow carrying out the search in any corner of the earth and this platform will employ the advanced video analytics based on learning neural networks for the swiftest and the most effective face recognition.

The INSPEM technology was built around the main principle which is: being able to find a person revealing their personal information, which is of utmost importance in most of the countries.

Any user would be able to upload the picture of the searched person to the INSPEM service. A systematic representation of the interaction is shown below in the diagram:

AN additional feature of the service is to request video with the exact time and coordinates. The technology if INSPEM also allows to solve a lot of everyday tasks, when a user do not know the first and last names of a person they need, who was in a specific location at a specific time.

The amount of registered people and announcements submitted to the INSPEM service directly demonstrate its potential. The most concerned person in the INSPEM is the user who searches for specific people or witnesses from a certain scene. These people are ready to pay for the valuable information.

INSPEM AND BLOCKCHAIN

On a worldwide scale, processing of large video streams require huge capacities and resources. This platform is compatible with the smart cameras that already perform the primary video processing and provide ready face images, which would significantly reduce the network load. Nevertheless, not everybody have such cameras. That is why we will employ miners’ capacities as the most effective and rational mean for video analytics based on neural networks.

TOKENSALE AND ICO

As the Pre-Sale and ICO commences, the INSPEM platform will release and distribute the INP token. All of the expenditures reports automatically register into the Ethereum blockchain which is detailed in this blog: https://medium.com/@inspem

The INP (INSPEM) token is an Ethereum based token, which supports the ERC-20 standard. It is an utility token, since it is only appropriate for usage of the INSPEM platform’s internal features.

The IPN tokens would be released once during the ICO. The further emission of tokens is not intended. The Ethereum smart-contact was created for the fund raising during Pre-Sale and ICO and it will be published on the open GitHub repository: https://github.com/CROMLEHG/INSPEM