Tag: wearables

The massive U.S. music festival will be able to complete transactions without the need for plastic cards.

The organizer of Lollapalooza 2014 has now announced that it will be issuing wristbands to its attendees that include wearable tech, so that they can use them throughout the event which runs from August 1 through August 3.

These plastic wristband wearables will each contain their own unique RFID chip.

Once the visitors to the festival have entered the grounds, the wearable tech will give them the ability to make mobile payments at various stalls and bars through the simple tapping of the device against a terminal. They must then enter a pin in order to confirm the payment, and this will eliminate the need for carrying cash or credit cards in order to buy items, food, and drinks.

The wearable tech will be set up for the attendees ahead of entering the Chicago Lollapalooza site.

Ahead of entering Grant Park, where the music festival is held, the participants in the event will be able to use the official website for the festival in order to be able to upload their credit card details. The wristbands will then be issued to the attendees in advance so that the attendees can link their own mobile payments details with their wearables.

On the day of the festival, participants wear the wristbands so that their entry to the event can be monitored and so that they can use the device in order to make the purchases they want, without having to carry cash on them and without having to take out their plastic credit cards every time they want to buy something.

C3, the company that is behind the organization of the Lollapalooza festival – as well as a number of other concerts and events – believes that it won’t be very long before using wearable tech will become the norm not only among the festivals that they organize, but among others, as well. The practicality, traceability, and convenience of the technology provides important benefits to organizers, sellers, and attendees in a highly cost effective and user friendly way.

A startup from Italy called the Sensoria has now managed to raise $5 million to give its tech a lift – so to speak.

While bras have gone through a number of revolutions over the decades, and many materials and designs have already involved the use of considerable tech developments, the latest in wearable technology is about to make this undergarment a great deal “smarter”.

A wearable garments company has now announced that it has raised $5 million to enhance its product.

Davide Vigano, the co-founder of Sensoria Inc. is now saying that smart clothing – particularly from his own high tech garment company – that includes everything from bras to socks, will be the way in which wearable technology will be preferred in the future. The new round of funding that brought in $5 million is geared toward ensuring that the products will be designed in a way that people will actually want to wear them. This means that the garments will need to be as impressive as the tech, itself.

This is a bold statement for the wearable technology category, which is seeing new additions with each passing week.

Vigano explained that “Sensoria is becoming the ‘Internet of Everyone’ wearable platform provider,” and added that “Thanks to our technology, comprised of textile and traditional sensors, electronics, cloud and mobile software, each garment becomes a biometric data-gathering device.”

Aside from co-founding Sensoria, Vigano is also the CEO of the company, working from its Remond, Washington location. He had previously worked at Microsoft as a marketing executive, making him highly familiar with the technology industry and what it takes to make certain that a given product will actually appeal to consumers.

Vigano explained that this round of Series A funding came from Reply SpA investors in Italy, who now have a 20 percent stake in the company. The funds will be used for the acceleration of the rate of growth in both the marketing department and engineering department of the business.

Sensoria Inc. is the new name of this wearable technology company, which had previously been known as Heapsylon. Sensoria is the name of the company’s most successful product line, which encouraged the business to make the brand name change.