Danny Esposito, editor for Penny Stock Detectives, recently reported on profitable developments in biometrics, the science that analyzes body characteristics like fingerprints, voice patterns, and eye retinas. According to the Penny Stock Detectives article, the reason why biometrics is not widely used is that it has not become standardized. Esposito believes that the technology stocks attempting to standardize biometrics along with new sensor technology could prove to be huge winners in the future.
“Researchers and technology stocks are attempting to create central web services on the Internet for biometrics. This would mean that standard protocols would be used,” comments Esposito. “Once standards are created, then one can access biometrics—fingerprints, eye retinas, voice patterns—from anywhere in the world, as long as one has access to the Internet.”
Esposito urges investors to imagine the adaptation biometrics would undergo and how profitable the technology stock that defines the standard will be.
For example, says the editor, there’s now software created by technology stocks that takes the images captured by handheld devices of the surrounding environment as one is walking, and transmits them to sensors affixed to a pair of glasses. These sensors then take these images and translate them to Braille, so that a blind person can feel a map of their surroundings; making them able to navigate throughout their daily lives without the use of a cane or guide dog, Esposito explains.
Besides the incredible social benefit this could potentially have in making the lives of the blind easier, notes Esposito, this type of software technology could have other uses.
According to the editor, there will be technology stocks that will use this technology to possibly create the next-generation video game interactive console. He also believes it may have further applications in engineering and in architecture. Esposito notes that this is pure speculation on his part, but says not to underestimate what technology stocks can do with this potentially game-changing technology.
Standardizing biometrics and the new imaging software are in their early stages of development, but have the potential to take the market by storm and alter how we do things today, according to Esposito. He believes these technology stocks have incredible potential and could be the next big winners out there.
Published every business day, Penny Stock Detectives researches and analyzes low-priced opportunities in the stock market and individual stock market sectors. Penny Stock Detectives reports on penny stocks, small-cap stocks, micro-cap stocks, high-profit potential plays mostly under $10, and the stock market in general.
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Sasha Cekerevac, BA, and Danny Esposito, B. Comm., lead editorial stock analysts at Penny Stock Detectives, in conjunction with stock market guru George Leong, B. Comm., have just updated their breakthrough video, If You Missed Apple, Shame on Us; If You Miss This… which highlights a company these stock analysts believe looks very similar to Apple Inc. in its early days. To see the video, visit: http://www.pennystockdetectives.com/video/pt/index.php?sb=PRESS.