Year
2024
Category
Project
Product Duration
18 Months
Public places are critical for societal interactions and community participation. They are places of recreation, socialization, and public meetings. However, these areas are not immune to criminal activity, and one typical threat is wallet snatching. Wallet snatching is the act of forcibly removing someone’s wallet, which frequently results in financial losses, identity theft, and psychological suffering for the victims. Safeguarding public places and combating wallet snatching necessitate new measures that make use of developing technology. In this context, this introduction investigates the potential of Edge Impulse technology in uncovering and preventing wallet-snatching events
The developed machine learning model effectively detects wallet-snatching incidents in public places with high accuracy and efficiency. Leveraging advanced computer vision techniques and real-time processing, the model identifies suspicious activities, ensuring rapid and reliable detection to enhance public safety.
To achieve this, a dataset was collected, annotated, and submitted to the Edge Impulse platform. The model was trained to recognize wallet theft instances, with an impressive 95% accuracy rate.
The effective integration of Akida FOMO into the Edge Impulse platform opens the door for interesting new research trajectories. We may improve the area of computer vision and object identification by continually improving the model, investigating real-time applications, using transfer learning, assuring scalability, and extending to new domains, eventually helping society with increased safety and efficiency.






