May 22, 2024
Updated:
May 22, 2024
Rekor Systems Awarded Patent for Privacy-Enhanced Traffic Management Technology for Roadway Intelligence
Rekor Systems, Inc. (NASDAQ: REKR) ("Rekor"), a leader in advanced roadway intelligence technology, today announced that the U.S. Patent Office has awarded it a patent titled "Systems and Methods for Consolidated Traffic Monitoring with Privacy Protection." This innovative patent – in addition to multiple other patent filings and awards - introduces a multi-functional sensor that effectively safeguards personally identifiable information (PII) while serving a wide range of applications.
The newly patented Rekor traffic sensor technology uniquely integrates advanced imaging and image recognition processing into a single unit, streamlining traffic monitoring and management for departments of transportation, commercial entities, and law enforcement agencies. The sensor generates accurate per-vehicle records by capturing high-resolution vehicle images and processing them using state-of-the-art algorithms.
A key feature of Rekor's sensor is its military-grade, irreversible data encryption process, which protects personally identifiable information (PII) while retaining essential data for traffic and mobility analytics. This is achieved by applying sophisticated obfuscation functions, such as hash functions, to irreversibly encrypt PII into a unique, anonymized 'vehicle proxy.' This transformation ensures that the data transmitted off the device maintains individual privacy, enhancing the security of the transmitted information and preventing unauthorized abuse.
The consistency of the unique proxy identifier, specific to each vehicle, allows the sensor to track movement patterns over time without revealing any personal information, thus providing valuable insights into traffic movements without infringing on individual privacy rights. Chris Kadoch, CTO of Rekor Systems, highlighted the significance of this achievement, stating, "Our new patent is a milestone that underscores Rekor's commitment to technology advancement while prioritizing privacy and security. Integrating robust privacy protection into our traffic solutions sets a new industry standard and solidifies our leadership in the market. This patent is a testament to our dedication to innovation and ethical responsibility in technology development."
Rekor's latest patent enhances its growing portfolio of patents for roadway intelligence solutions. It demonstrates its commitment to developing technologies that respect user privacy and cybersecurity while delivering high-performance functionality.
About Rekor Systems, Inc.
Rekor Systems, Inc. (NASDAQ: REKR) is a leader in developing and implementing state-of-the-art roadway intelligence systems using AI-enabled computer vision and machine learning. As a pioneer in the implementation of digital infrastructure, Rekor is collecting, connecting, and organizing the world's mobility data – laying the foundation for a digitally-enabled operating system for the roadway. With our Rekor One® Roadway Intelligence Engine at the core of our technology, we aggregate and transform trillions of data points into intelligence through proprietary computer vision, machine learning, and big data analytics that power our platforms and applications. Our solutions provide actionable insights that give governments and businesses a comprehensive picture of roadways while providing a collaborative environment that drives the world to be safer, greener, and more efficient.
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