POSWizard

Socket Communications just announced a tiny new bar code scanner which can be worn on the index finger. The lightweight Cordless Ring Scanner transmits scanned data via Bluetooth to mobile computers thereby freeing up the users’ hands for increased productivity (read: more heavy lifting). Each unit will ship with SoftScan software for pumping scanned data into Windows, Palm, and Symbian compatible devices. The rings are said to be extremely durable and will begin shipping in limited quantities later this year.

“Venture Development Corporation estimates the global wearable computing market for industrial applications at $175 million in 2005 and expects it to exceed $270 million by 2007,” said David Krebs, Mobile & Wireless practice director at Venture Development Corporation. “Hands free scanning or data input solutions can provide significant process efficiencies in environments such as warehouses and distribution centers where workers physically handle large volumes of products.”

(Via GeekZone)

Cub Foods began testing biometric payments on Monday. The Pay By Touch system reads the shopper’s finger —its unique heat signature, not the fingerprint— and then accesses their ‘electronic wallet’. Biometric scanners are only the latest high-tech gizmos supermarkets are using to differentiate themselves from discounters like Wal-Mart by focusing on speed and convenience. They are of particular interest to supermarkets, where margins are low, since it avoids paying transaction fees to credit card companies.

[Via]