MEVU's Wearable Bitcoin Wallet Can Make Payments With a Gesture

MEVU's Wearable Bitcoin Wallet Can Make Payments With a Gesture

Wearable technology startup MEVU has announced the first wearable bitcoin wallet that tracks movement in order to make payments. Users of MEVU's proof-of-concept bracelet - which is powered by Coinbase's wallet API - will easily be able to send bitcoin with just a flick of the wrist. Apurv Mishra, CEO and co-founder of MEVU, said that the use case for the company's wearable wallet is for small transactions such as tipping, whether in BTC, altcoins or perhaps even something else: "If we use bitcoin or any other currency, if it has the facility for tipping, I think that's what people would....


Related News

Check Out This Gesture-Based Wearable Bitcoin Wallet by MEVU

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. http://www.youtube.com/watch?v=DK6pUfTe_6Y. It's designed for small transactions, according to MEVU CEO....

Aegis Wallet's Smartwatch Support

Earlier this year, Bojan Simic, the founder of the Bitcoin Security Project and Aegis Wallet, released a new, free, and open source bitcoin wallet. He has recently implemented Android Wear support onto the wallet, it's called Aegis Wallet Wear. This is the first ever of its kind. Its features include a new watch face that shows you your current Aegis Wallet balance and the current price of bitcoin, and it also allows you to pull up a QR code from a watch for receiving bitcoin payments. The watch app notifies you of transactions occurring on your Aegis Wallet. This pioneering idea is sure....

Nymi - The First Wearable Bitcoin Wallet Secured by Biometrics

Imagine walking into your favorite coffee shop, electronics store or restaurant, and paying for everything you need with the flick of your wrist. Today, Nymi (NIM-mi) makes this possible and more importantly, allows Bitcoin users to store their Bitcoin in a native biometric wallet. Bionym's Nymi wearable armband uses your unique ECG (electrocardiogram) biometric signature to securely identify you to various services and devices. The Toronto-based startup will also provide Nymi users with an easy to use and secure Bitcoin wallet. This is the first wearable Bitcoin wallet, and will enable....

Fintech Revolution: Popularity of Digital Payments is Rocketing, Says Visa

Despite a selection of headlines to the contrary, bricks-and-mortar is still relevant to the digital payments consumer, although not in the traditional sense, says Visa’s 2016 Digital Payments Study. The study, for which Visa surveyed more than 36,000 online consumers in 19 European countries, says this is in addition to the number of Europeans regularly using a mobile device – a smartphone, tablet or wearable – for payments having tripled since 2015. It notes that “showrooming” – the act of seeing an item in-store before purchasing online – is an overwhelmingly popular shopping method for....

Aegis Wallet Brings Bitcoin to Android Smartwatches

The Aegis bitcoin wallet now includes support for Android Wear - Google's new operating system (OS) for wearable devices - making it the first available bitcoin wallet for the platform. For now, Aegis Wallet Wear brings limited wallet functionality to Android wearables and lacks the ability to make payments, but the smartwatch form factor promises a number of new possibilities for bitcoin users in the near future. Additionally, since it is a free, open-source project, developers can use Aegis' code in their own projects. While Google's new platform is still very young - Android Wear....