One of the cool things about being in such a young industry is all of the interesting innovation going on around us. From the advent of bitcoin ATMs to other high-tech gadgets, it’s enough to keep a techie excited for years.
And speaking of gadgets, check out this gesture-based wearable bitcoin wallet by MEVU — worn around the wrist. It’s proof-of-concept, so don’t expect to see this on store shelves any time soon, but it’s an interesting twist on making payments with digital currency.
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It’s designed for small transactions, according to MEVU CEO Apurv Mishra, who suggested the bracelet could be used for things such as tipping.
Each transaction is transmitted via Bluetooth Low Energy to a nearby [compatible] point-of-sale system. A built-in motion sensor is used for the gesture actions that allow the user to send the payment out.
Our friends at CoinDesk have an in-depth write-up on the gadget, if you’re interested in more information.