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It is a good pleasure for us to announce that considered one of our portfolio startups, Proxy which magically unlocks doors and access devices by securely transmitting a user’s digital identification signal over Bluetooth has acquired a smart ring wearable firm, Motiv. If you happen to study both startups, you will discover out that it’s just pure for both startups to merge. The newly acquired startup, Motiv affords smart rings that not simply track your health but in addition keep your digital identification safe so that you can simply login to your online accounts with only a gesture before your computer. This on-line safety function of Motiv rings opens lots of progressive options for Proxy because Motiv rings also use Bluetooth for communication, have battery life of not hours however days and are fully waterproof. Currently, Proxy uses your mobile phone to transmit ID sign by way of Bluetooth which customers can’t keep with them all the time.
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