Write a small of of the project on Development of AI Facial-Recognition in Online Payment Application

Please look at the assignment brief first, our group is choosing the F1 (emerging technology) on development of AI Facial -recognition in online payment. We aim to develop the facial recognition to the world, it is much more time-saving and convenient. There are 5 parts of our allocation. You only need to do my part, which is the first one “Opportunities raised by this tech”. Please make s really cohesive paragraph & bullet points on this, and make a good explanation on that. Also, when you finish this, please write a small introduction on our group topic as well.

  1. Opportunities raised by this tech
  2. Concerns raised by this tech
  3. Associated new business models
  4. How it addresses global challenges
  5. Governance issues and strategies

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