Overview

As a pioneer in computer vision technology, consistently offering cutting-edge services and advancing the resolution of social issues, TIGEREYE Inc. (Headquarters: Chuo-ku, Tokyo; CEO: Gaku Kamimura; hereafter "TIGEREYE") has entered into a capital and business alliance involving a third-party allotment capital increase of 30 million yen with Cabinet Inc. (Headquarters: Shinagawa-ku, Tokyo; CEO: Akihisa Ishida; hereafter "Cabinet"), which operates blockchain nodes and develops related technologies.

Aims of business cooperation.

Through this business alliance, TIGEREYE will combine its high-security computer vision technology, which allows real-time access from any device without limitations, with Cabinet’s blockchain and cryptographic technologies to jointly build a more secure digital environment. Furthermore, Cabinet supports the blockchain infrastructure through the provision of RPC node applications and technical development support. In this role, Cabinet has recognized the growing challenges in key management and security for corporations as the use of public blockchains expands and becomes more prevalent among businesses.

Through this capital and business alliance, TIGEREYE will engage in research and development of next-generation solutions that combine its facial recognition and other computer vision technologies with cryptographic techniques such as MPC (Multi-Party Computation) and zero-knowledge proofs to create secure interfaces. These solutions will be aimed at managing digital assets and NFTs.

Future prospects.

Through this capital and business alliance, TIGEREYE will continue to contribute to the development of TIGEREYE SOLUTION and blockchain technology and provide valuable services.