The Shimmer device is the winning design of the iF Design Award and it is created by Hefei LCFC Information Technology. It is a contactless payment device that is worn around the neck and meant to aid visually impaired people to accept and make payments seamlessly. It comes with features such as a braille keyboard and camera that is made to be easily accessible.
The Shimmer also has a screen that showcases a QR code that navigates accepting payments. Additionally, it also has a fingerprint scanner that adds an authentication factor for secure payment processes. The designers note that “Mobile payment is very popular in Asia, but the current most common method of using a smartphone is not friendly to the blind as it requires screen reading software, which is cumbersome to operate and potentially exposes private data."
Image Credit: Hefei LCFC Information Technology
Why This Trend Is Growing
- Contactless Payment Devices
- Opportunity for contactless payment devices designed specifically for visually impaired individuals.
- Accessible Assistive Technologies
- Growing demand for assistive technologies with features such as braille keyboards and easily accessible cameras.
- Secure Authentication Methods
- Market potential for payment devices with additional authentication factors, like fingerprint scanners, to enhance security.
Industries Being Reshaped
- Fintech
- Fintech companies can develop innovative and accessible payment solutions for visually impaired customers.
- Assistive Technology
- Assistive technology companies can focus on creating devices that enhance accessibility and usability for visually impaired individuals.
- Cybersecurity
- Opportunities for cybersecurity companies to develop secure authentication methods for contactless payment devices.
