Toronto company Bionym has introduced the Nymi bracelet, which uses your heartbeat to unlock your personal devices. The company has proposed this idea in place of traditional passwords, for both convenience (ever have trouble remembering multiple passwords?), and rising reports of cybercrime in recent years.
The bracelet uses the individual's electrocardiogram (EKG) -- which is unique to each person -- encoded within the bracelet itself. After installing the Nymi app, Nymi bracelets can then be used to unlock your personal devices with the pairing of Bluetooth.
The Nymi bracelet will be priced at $99, but the first 25,000 customers to pre-order can purchase the bracelet for the surprisingly affordable price of $79.
Heartbeat Identification Bracelets
Nymi Bracelets Use Your Heartbeat to Unlock Your Device
Trend Themes
1. Heartbeat-unlocking Technology - Opportunity for companies to develop innovative ways of using biometric information, such as heartbeat, for security purposes.
2. Password-free Authentication - Potential for businesses to explore password-less authentication methods to enhance convenience and reduce cybersecurity risks.
3. Affordable Biometric Wearables - Growing market for affordable and accessible biometric wearables, allowing more individuals to adopt these technologies.
Industry Implications
1. Cybersecurity - Opportunity for cybersecurity companies to create disruptive technologies that utilize biometrics and eliminate reliance on traditional passwords.
2. Wearable Technology - Emerging market for wearable technology industry to incorporate biometric authentication features into their products for enhanced security and user experience.
3. Mobile Devices - Demand for collaboration between mobile device manufacturers and biometric technology companies to integrate secure and seamless authentication methods into their devices.