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Speechlogger is the best speech recognition and instant voice translation software on the web. It runs Google's speech-to-text technologies for the best results. The only web app with auto-punctuation, auto-save, timestamps, in-text editing capability, transcription of audio files, export options (to text and captions) and more. No user registration needed & it's completely free!
Possible use-case are: voice typewriter (speech to text); real time automatic-interpreter (instant translator from voice to text & voice); hearing aid; caption phone; subtitles generator and more.