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Showing posts from November, 2018

FINANCIAL TRANSACTIONS WITH SMART WEARABLE CONTACT LENS

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Patent granted in India and pending in US Problem Statement: Currently most of the bank transactions are going through wireless mode. There are many devices are available in the current market such as Smart Ring, NFC cards etc… However people have to carry the device along with their regular things but without any additional device users can’t perform the financial transaction. Solution: The objective of this idea is to perform financial transactions at ATM’s or at POS without carrying any special device by the user and they can use their contact lens itself works as wireless financial transaction device How it works: This special contact lens is made up of the same material which are using as of today without compromising the quality or health standards. We have to embed small circuit in this contact lens with different sensors and chips that can support Wi-Fi, BT, storage space, processing and NFC technologies. The power supply can be generated while user blinks th...