Move Over Google Lens: You Can Now "Reveel" All Thanks To AI & Blockchain
Recently
lauded in Forbes as “The Google Lens For Everything”, Silicon Valley
based Reveel are currently in talks with media moguls about how their
image recognition technology can be utilized by brands to drive measurable
audience engagement and conversion across media channels.
Think about
it, you’re flicking through a magazine or pass by an outdoor ad on the street
and you see an outfit that you love – simply take a picture with your phone and
you can buy the complete set, right then and there.
As revealed in
Forbes, Reveel is already being used in magazines to provide all of the
information consumers need to help shorten their path to purchase and in the
Oklahoma Hall of Fame, where visitors can bring 250 celebrity exhibits to life
with digital content that includes biographical information, video interviews,
podcasts, social media and other details.
Right now,
companies can white label Reveel’s mobile image recognition technology that
works using just your mobile browser or it can be integrated into any iOS and
Android app. With just the touch of a button, Reveel activates your camera to
recognize images, turning any of the billions of smartphones out there into
powerful tools for delivering captivating customer experiences.
But in the
future, Schreitmueller and his colleagues have their sights on expanding out of
the retail brand sector and into health, education, manufacturing and much
more.
How? Reveel
aims to become one of the largest repositories of image information by
introducing an open source community model, where participants running Reveel’s
Artificial Intelligence (AI) image recognition network on the blockchain will
get paid in RVL coins to load image data sets, train AI models and run
decentralized applications (DApps). With the potential to outstrip
the Google Lens, the Reveel Network will build on the initial success in the
retail sector to scale-up to an unprecedented level.
What might
people do with Reveel’s AI-based image recognition? Well, Reveel could help you
and your doctors identify and treat a wide range of medical conditions that
exhibit visible skin disorders. By utilizing the knowledge from AI
experts and their image data sets, Reveel could enable others to create mobile
applications that 1) identify various types of visible symptoms, coupled with
other specific non-visible symptoms, to help in the diagnosis and treatment of
medical conditions and 2) make it more economical for companies to create
applications that provide such capabilities.
The image
recognition technology relies on AI and Deep Learning to identify
images. Companies can use the Reveel Protocol to create their own
DAapps for free and leverage an expanding open source body of AI image
recognition models and data sets to create and launch new image recognition
applications faster and more economically than ever.
They’ve also
niftily gotten rid of the conventional and inefficient ‘proof of work’ model
that currently persists on the blockchain, replacing it with training the AI
model as the proof of work, saving energy in the mining process.
CEO Jim Schreitmueller is more than happy to comment on this new
technology, proof of work, AI and the fast-moving blockchain market as a whole.
Do let me know
if you’d like more information or a demo of the Reveel technology.
Editors notes:
Reveel was
founded in 2014 after it was accepted into Tech Wildcatters, a top 10 Forbes
accelerator.
In 2015, it
started its first test runs with outdoor sports brand Realtree where their
image recognition technology was deployed to work across TV programs, an online
video, catalog and magazine advertisements.
In 2016, the
company closed a $2M seed investment round with Cervin Ventures, a Silicon
Valley venture fund that was then topped up with a further $500K in January and
again in August of this year.
Reveel
launched 14 magazines this year, and currently has on board 15
employees.
You can find
out more about why Reveel is so enticing to investors right now by visiting:
Or take a look
at how the platform works here: www.tokens.reveel.it
Sources of
data for quote above:
https://www.grandviewresearch.com/press-release/global-image-recognition-market
https://www.marketsandmarkets.com/PressReleases/image-recognition.asp