Every year, Las Vegas hosts the International Consumer Electronics Show. The latest and most futuristic products are presented and demonstrated technicians worldwide. As one of the hot spots this year, Ring by Logbar was named the 2015 CES Innovation Honoree Awards and CNN called one of the coolest things at CES. So what exactly is this product, dubbed the shortcut at all?
What is it?
Ring is a portable input device that allows you to control almost all of a finger swipe. Text messages to appliances to bill payments, the gesture control feature apparently does everything.
Ring by Logbar began as a Kickstarter campaign in early 2014, with a goal of raising $ 250,000. It exceeded that goal, raising nearly $ 1 million, and has gone through several phases to develop the technology and make the ring itself more portable.
How does it work?
To utilize the functionality of Ring, you must first sync an iOS (iOS version 7 or higher) or Android device (4.4 and above). Once activated, Ring captures and analyzes your movements and sends this information to your smart devices. He default gestures, like drawing of a musical note to start your music player, but they can be customized to personal preferences. Each application has its own unique gesture. So when you want to use something, you only have to wear the ring, press the side, then start your gesture. For example, if you want to send a text message while driving, you can type and send in the firing in the air with your finger, as shown in this video. Ring also synchronizes appliances to do things like turn signals on, curtains and control your TV.
One of its most notable features, however, is its ability to make payments at participating retailers and person to person payments. So if you want to pay back a friend for dinner, you can do it with a wave of your finger. It uses GPS or IBeacon, an extension of Apple's location services to allow these types of payments. Similar to other features ring, simply pull on the amount you want to send.
What are the disadvantages?
As technology continues to evolve, more options for making payments will continue to emerge. There are several choices of mobile payment already there, including Bitcoin and Snapcash of Snapchat. social media sites even try their hand at digital payment methods. The main thing you want to ask yourself when considering the use of these types of payments is whether or not it is safe. While Ring seems to have some revolutionary features, it is still very new. And with the new technology, the problems are expected. These types of defects can cause sending a payment to the wrong person or sending the wrong amount. If your Ring mistaken gesture to $ 100 $ 1000, what did he security measures in place to cancel a transaction, if any? And as it is portable technology, what guarantees there in case of loss or theft?
In addition, Ring of users should also consider whether or not it is safe to store your financial information on the device. Since it is a new piece of technology, it is not entirely clear how your payment information or even information appliance is stored. This means it is also not clear how this information protected. If you really think about it, if this device or the company is still is hacked, the thieves can not only get your financial information, which is itself harmful, but also potentially have access to all devices in your daily life .
As with any method of digital payment, if you decide to try Ring, you should always use caution and never pay anything on Wi-Fi. Read more on guard against identity theft, check out our review of protective services against identity theft top.