Westpac is set to launch PayWear, its own wearable offering allowing customers to make tap and go payments on contactless-enabled terminals.
But Nuheara, a startup based out of Perth and San Francisco, is set to make this a reality. In partnership with Curtin University in Western Australia, the startup is developing innovative augmented ‘Hearables’ (ear buds) that allow people to control their hearing experience with the help of a smartphone app.
We know wearable technology could one day be truly life-changing and will no doubt replace smartphones in the future, but at the moment it’s languishing somewhere between function and fashion and is falling short of its potential.
One of the most innovative wearable tech product to reach Australia is Hexoskin. Although founded in North America, Melbourne-based entrepreneurs Dean Delia and Mark Milanese have been able to secure the rights to distribute Hexoskin’s products across the Asia Pacific region.
Thinking of doing business in the future? Talk to the hand. No, seriously, you might have to if the only way to get in touch with a client is via a smartwatch or Google Glass.
Rackspace Hosting recently commissioned a study in Australia regarding the use of wearable technology and its impact on consumers and businesses.