Our emotions often cast a spell on our dexterity, and we fall prey with the wit not supporting. It is very true in case of investors and other such speculative trades. To make things calmer and more realistic for all enthusiasts in concern, Philips and ABN Amro have unveiled a prototype device dubbed the EmoBracelet to assess an individual’s emotional state in nervousness.
The wrist-wearable device is specially designed to ‘warn traders when emotions are likely to interfere with their financial acumen and distort the wisdom of buying or selling shares’. The EmoBracelet and the accompanying EmoBowl do so by measuring electrical signals emitted from the users’ skin in case of heightened emotional state and then using the information to alert the panic stricken individual to back off and think before going ahead with the deal.
The alert is brought upon by the light’s on the EmoBracelet flicking faster and the colors inside the EmoBowl changing continuously from soft yellow to orange and then to deep cautionary red. Given the economic meltdown and the recession in economies, investors will definitely find a great assistance in something that warns them against haste decisions which end up in loses. But the makers have no thoughts of making this device real anytime soon. We’ll have it by the next recession, supposedly?
Via: TheAge
