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Machine inspired by magic

Machine inspired by magic. Overview. Business Product Team Market Revenue model Financials. Uniqul. Machine inspired by Magic. Tomorrow. Today. Tele-Recognition Network. World’s First, Patent pending. 1. Business. Payment system. Benefits: - Security (no cards/phones)

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Machine inspired by magic

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  1. Machine inspired by magic

  2. Overview • Business • Product • Team • Market • Revenue model • Financials Uniqul

  3. Machine inspired by Magic Tomorrow Today Tele-Recognition Network World’s First, Patent pending.

  4. 1. Business • Payment system. Benefits: - Security (no cards/phones) - Speed (up to 30 seconds saved per customer) - Optimization (up to 75% less time spent per customer on checkout) - Integration with existing solutions • Additional: Airport system. Benefits: - security (no printed tickets) - optimization (instant checkout/transfer) Uniqul

  5. 2. Product: Customer pain Payment process can take up to 75% of cashier time. Up to 15% of total retailer expenditure (personnel costs, equipment costs). 5-10 secBarcodes 30 SecondsPayment* Small store, kiosk 15-20 Seconds Barcodes 30 SecondsPayment Grocery store Seconds Barcodes 30 Seconds Payment Supermarket 60-120 Seconds Servicing 30 Seconds Payment Coffee shop *average time in Finland is 27.6 seconds per payment which is equivalent of 0,114€ in cashier salary Uniqul

  6. 2. Product • Elimination of time spent on payments: from 30 sec to 0-1 sec per customer • Software and network subscription - Cloud wallet instantly available at POS - Recognition service, customer database - 2 versions: Terminal (1 tablet) and POS (2 tablets) - Re-use of existing equipment - Coverage: 50 countries through PayPal Uniqul

  7. 2. Product: enabling Possible to re-use existing: -cameras -screens -PCs 1 Camera 2 Cashier Touch Screen 3 Customer Touch screen 4 Hub PC (under desk) Uniqul

  8. 2. Product Security • Developed to bemoresecurethancurrentpaymentsolutions • We recognize the actual user instead of the usedpaymentmethod • Oursystem is able to: Differentiatebetweenidenticaltwins, determineifwhat is sees is actually a live faceor a mask/3dmodel/picture/video Uniqul

  9. 3. Team AbdenourHadid, Adj.Prof Advisor in machine vision, 20 years of experience, Uni. Oulu Founders: Oscar. Specialty: agreements. Ruslan. Specialty: innovation. Team size: 17 people Team location: Finland Marko Maksimoff Advisor, Business/IT: 20 years of experience in IT Oscar Tuutti CEO (Law) Ruslan Pisarenko CBDO (IT) Alexei Upornikov, Ph.d, 17 years of experience in software security: McAfee, F-Secure Business team: 6 members Developers: 6 members Uniqul

  10. 4. Market • 58% of Americans are willing to use biometrics to prevent fraud (78% of whom are ready to provide face scans) [ Unisys, World Security report] • 82% of UK respondents are willing to provide facial scan [Unisys, World Security report] • Biometrics for payments is more popular idea (49%) then mobile (30%) [World pay] Total market size (worldwide): • 3 billion card holders (Visa, MC, UnionPay) • 50 million POS Uniqul

  11. 4.1 Competitors • Clones -> Will certainly appear <- Remedy: innovation & IP-protection • Alternatives: • Payments: OTA, indoor positioning, ex. Square, Clinkle advantage: No mobiles, Scalability, Optimization • Self-checkout: advantage: cost/benefit 10x • RFID: advantage: cost/benefit 12-15x • Iris/fingerprint: advantage: usability, more secure, faster Uniqul

  12. 4.2. Funnel • We’ve just published the press release on the web, built a form on the web site, and requests started popping up! People want to buy, people want to try, people want to sell Uniqul! *Product enquiries: General retailers, from small to large. Apart From retailers, we were contacted by an Airline and a Fastfood company Uniqul

  13. 5. Revenuemodel • Subscription-basedfor both Merchant and Customer • Merchantshave the possibility to enablefreeuse in theirstores for an extrafee – boostsusage • Merchantspricingdependant on number of monthlyvisitors – goal is positive ROI <1year • Customersfee is based on howmanyterminalstheywant to use

  14. 6. Financials Uniqul

  15. Machine inspired by magic

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