TOOK AGES - Now it’s finally HERE SCANNING ANY PART OF PRODUCT. Did you wonder … why in this age of Computer vision and AI, we still have to look for tiny barcode (mostly on back) of the product?! 🤳 Well finally, we broke the curse and you can scan any part of the product and AI will match it to underlying product images. 📐The only question remains how good it will be in telling the different packaging sizes of same product, often having the exact visual design. #retail #innovation #barcode #scan #computervision #pay #finally
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New self-checkout machine at Walmart without using a barcode! Walmart has quietly rolled out a new feature at its stores that is beneficial for paying customers, but bad news for thieves. 🕵♂️ The Digimarc technology involves embedding codes that are “invisible to the human eye” on product packaging, which makes it easier be detected at self-checkout machines 🕵♂️ The imaging cameras can also pick up several products at the same time.” As we think about reimagining POS, this could be another solution since 15% of consumers have purposely stolen an item at self-checkout, and only 33% were caught. Also, 21% of consumers said they’ve accidentally taken an item while using self-checkout...and Walmart loses about $3 billion per year due to theft. Brand L. Elverston Read Hayes, PhD Cory Lowe Chad McIntosh Walter Holbrook RETHINK Retail Mike H.