Showing posts with label Android Wear. Show all posts
Showing posts with label Android Wear. Show all posts

Friday, 3 June 2016

This Wristband Will Give You an Electric Shock if You go Into Your Overdraft


Wristband to Control Overspending

Individuals with a weakness of overspending can now have a saviour in the form of a wristband which tends to help in breaking this bad habit. A British company in partnership with Pavlok tends to give users electric shocks in helping them to break this bad habit of overspending, triggering the device when users seem to be spending too much money. The £120 device which would be in operation toward the end of the year was invented by finance technology company Intelligent Environments which identifies overspending in a user’s bank account connecting it to Pavlok to send them a shock or Nest, the smart thermostat of Google to turn down their heating.

David Webber, chief executive of Intelligent Environments had stated that `this is all about giving customers the option to control how they tend to spend money’. Known as Interact IoT, users could set their spending limits and choose how they would like the program to respond. Should a user surpass their self-imposed limit of spending and their bank balance seems to drop below a pre-determined brink, the Interact IoT tends to drop the heating down to a temperature that has been pre-determined by the individual. Reducing the temperature of the heating by three degrees could save around £255 yearly, according to Intelligent Environments. A Google Nest device tends to cost about £200.

Fully Tested & Safe

The Pavlok was initially launched in 2014 to jolt users out of their bad habits like nail biting, over-sleeping and smoking. The makers of the wristband state, that the wristband has been fully tested and seems safe, claiming that the shock tends to cause a slightly uncomfortable feeling though no pains or burns. The wristband had been named after the Russian psychologist Ivan Pavlov who had worked with dogs to prove behaviour can be conditioned by rewards and punishments.

 It had been created by US internet entrepreneur Maneesh Sethi who had famously hired a woman to slap him every time he went on Facebook, at work. It is not known when the tool for the finance monitoring would be made available since it is up to the banks to choose to offer the services to their consumers. Software to banks and financial services companies which supports their mobile apps is provided by Intelligent Environments. Webber had mentioned that `they are the technology behind the Atom Bank which would be the first digital bank and all their customers seem to be interested in this capability’.

Device Linked to Customer’s Bank Account

Clients of the company comprise of the Bank of Ireland, Sainsbury’s Bank, Lloyd’s Bank and Toyota’s financial services business. Presently the software is available, though it will take around six months before the banks tend to offer it to their clients, if they decide to do so. Webber also informed that millennial believed that the new software was very thrilling and something they would certainly like to try. However, older people aged 50 and above seemed to be cautious.Liviu Itoafa, security researcher at Kaspersky Lab had stated that the device seems to link to a customers’ bank account which could be easy for cybercriminals to access bank details.

 Itoafa also cautioned that the company would have to ensure that it had secured the connection between the devices and the bank accounts. The Telegraph had been assured by Intelligent Environments that it had taken the security of the invention rather seriously and that there was no chance of logging on the banking information of the user, through it. Webber has informed that it is totally secure and that there is absolutely no financial or personal information passing into the devices

Monday, 7 September 2015

Android Wear Smartwatches Now Work with the iPhone


Android Watches To Connect with iPhone 
Google has plans of introducing an application which could connect Android smartwatches with Apple’s iPhone, mounting the battle among rivals to strap their technology on people’s wrists. This move has shoved Google to Apple’s field in an effort to boost the sales of watches running on Android Wear software.

 The program combining the devices running on various operating systems would be released soon in Apple’s app store. Android watches, as of now, tend to work only with smartphones powered by Android software, similar to the Apple Watch which is designed to be fastened exclusively to the iPhone.

The Google’s new app would however, empower the latest Android watches to connect with the iPhone, in order that users could quickly glance at their wrists for required directions, fitness information as well as notification with regards to events, emails, and Facebook updates. The devices would not be capable of being tied together in a way which would permit the Android watches in communicating with the other apps, that a user would have installed on the iPhone.

This could probably discourage several iPhone users from changing over from Apple to purchase an Android watch unless Google tends to find a way of overcoming the obstacle according to Ramon Llamas, IDC analyst. Android watches for now are expected to appeal to iPhone owners unwilling to spend extra money on a device which would be more of a novelty rather than a needed gadget.

Google is expecting the prices of Android watches to be well-matched with the iPhone ranging from $100 to $400 and Apple having a long history of challenging premium prices on its products tends to charge a minimum of £299 for Apple Watch even though its luxury products tend to cost thousands of pounds. Llamas commented that the Android watches will not be bought by `the fan boys and fan girls which should have everything with an Apple logo on it. He is referring about going after people who tend to be open to other options with what they could do with their devices.

Apple who had been a late applicant in the smartwatch market has quickly come to the forefront of the pack after its release in April. Apple Watches of around 4 million had been sold during the three months ending in June to control three-fourth of the smartwatch market, worldwide on the estimates from the firm Strategy Analytics and the combination of sales of Android watches which have been made by various device developers during the same time amounted to 600,000 units for an 11pc market share.

 Samsung watches on the other hand, running on Tizen software told hold of most of the rest of the market with 7.5pc share. Google is speculating that the next wave of Android Wear watches would assist in shifting the tide in their favour.

The Android watches coming up which would be functioning with the iPhone comprise of Asus ZenWatch 2 and the Huawei Watch. LG Electronic already develops Android Watch, Urbane at £175 which is compatible with the iPhone.

Functioning with the new app, the Android smartwatch would be compatible with iPhone which dates back to the 5 if their operating systems tend to have been updated to the iOS 8.2.