World’s Largest AI Database Launched as Project Am’aan to Control Money Laundering in Pakistan
The program was launched at Aiwan-e-Sadr by President Arif Alvi. The step has been taken to end the illegal money laundering in the country through various channels. Moreover, the app has had many databanks offers from many countries. The app will be sold to the world as a Pakistani product to other countries. Since the […] The post World’s Largest AI Database Launched as Project Am’aan to Control Money Laundering in Pakistan appeared first on Nation Bytes.
The program was launched at Aiwan-e-Sadr by President Arif Alvi. The step has been taken to end the illegal money laundering in the country through various channels. Moreover, the app has had many databanks offers from many countries. The app will be sold to the world as a Pakistani product to other countries.
Since the app uses AI technology, it takes less than 10 minutes to update the data. The data can be used by other government institutions to advance their policies to spot money launderers. Features like smart search and face recognition are to be included to improve the efficiency of Anti-Narcotics (ANF).
The app is definitely crossing boundaries in order to catch money launderers and identifying illegal drug networks. Serious conversations have been made between UAE Interpol to recognize any criminals who have gone through their immigration. 200 global government agencies are being monitored and 100 drugs and more than 20 chemicals have been identified and included in the database, which are used in making narcotics.
Many apps have been designed in the past but have not been able to accomplish the goal. There were loopholes in the app which made them open to the violation. The founder of the app Tajammul Hussain hopes that Am’aan can bring a positive change in the country by contributing to the social structure.
The post World’s Largest AI Database Launched as Project Am’aan to Control Money Laundering in Pakistan appeared first on Nation Bytes.