|Date of the premiere of the system:||2018|
|Branches:||Science and education|
2019: Mass distribution of service
In February, 2019 it became known of wide circulation in China of service for automatic check of results of accomplishment of school tasks. The free application of Xiaoyuan Kousuan developed by supplier company of services of online education Yuanfudao uses algorithms of artificial intelligence.
To learn whether the school student coped with homework, parents or teachers need just to point the smartphone camera at the page of a notebook with results of the carried-out task. The pre-installed application of Xiaoyuan Kousuan will scan written, will compare results with own database and will give a mark to the pupil.
By February, 2019 service works with such objects as mathematics, English and chemistry. Every day the application checks about 70 million arithmetic tasks, saving teachers and parents about 40 thousand hours of time.
The cofounder of Yuanfudao Li Xin in a conversation with the South China Morning Post edition told that the company created the database with answers to 6 billion questions. Thanks to it products of the company learned to analyze better results of specific pupils and to help them to perform homework and to study online.
According to CB Insights, by February, 2019 Yuanfudao takes in China the second place at cost among the startups which are engaged in online education with capitalization from $1 billion. More the VipKid Internet platform which helps the Chinese students to learn English by means of online communication with the American teachers is necessary.
In iResearch predict that the volume of the Chinese market of online education, including technologies for pupils from kindergartens and schools, by 2022 will treble and will reach 150 billion yuans (about $22.24 billion at the rate of for February 11 of the 2019th).