Technologies

Movano’s Evie Ring Is Coming in 2023 to Challenge Oura

Movano hopes to make its wellness ring stand out by focusing on female health and undercutting Oura on price.

At CES 2023, Movano will provide a closer look at its upcoming Evie ring, which will directly challenge the Oura ring when it arrives later in 2023. As a newcomer to the wearables space, Movano is leaning into womens’ health and more affordable pricing to compete with the popular Oura ring, which had a breakout moment in 2020 during the height of the pandemic.

Movano revealed several details about the ring on Wednesday, including its name, a vague release window of sometime in 2023 and a price range below $300. Exact pricing and launch timing were not specified.

The then-unnamed ring made its debut at CES 2022 with plans to undercut the $299 Oura Ring on price. Back then, the company was considering a subscription to offset the device’s price. But after speaking with 1,000 women between ages 30 to 70 about the device throughout 2022, the company learned that subscription fatigue would have been a deterrent.

«[They] would just prefer to buy the thing and be done with it,» Movano CEO John Mastrototaro told CNET in an interview. While Movano’s ring may not be that much cheaper than Oura’s, the latter requires a $6 monthly subscription to access many of its health features.

The Movano Ring will measure many of the usual fitness and health metrics we’ve seen on competing devices from Oura, Apple and Fitbit. Those include heart rate, blood-oxygen levels, skin temperature variability, steps, calories, sleep, ovulation and menstrual symptoms. But since Movano is focusing on female health, wearers will also be able to get advice on womens’ health topics through content provided by health experts from within the app. Movano currently publishes a newsletter about sleep topics.

«We believe with this focus specifically on women, we can be very much impactful,» Mastrototaro said.

In the future, Mastrototaro hopes that Movano will be able to use the data collected to provide more health insights. At launch however, data collected by the Evie ring will be stored in the cloud and kept secure by default. Should a customer decide to share data from the ring with a health provider, it will be shared with the same protocols used by medical devices, he said.

While the ring is intended for both women and men, Movano has decided to take a female-first approach because of the perception that existing options appear to be initially made for men, according to Mastrototaro.

This also extended to the design of the ring, which Mastrototaro said purposefully includes an opening with some flexibility to account for finger swelling that may occur during hormonal shifts, which could affect how the device fits. By contrast, Oura recommends wearing its Gen 3 ring on your index finger, which may not provide as much flexibility for sizing shifts for certain people. The Evie ring will also be available in sizes 5 to 11.

Movano is also seeking FDA clearance for the Evie and has recently completed hypoxia trials to demonstrate accuracy for clinical blood oxygen (also known as SpO2) and heart rate. This has been an overall goal for Movano, and Mastrototaro said the company is also working with healthcare companies to develop partnerships.

«At this juncture there are no wearables that are medical devices, and it would be very difficult for any wearable to become a medical device because you have to have an infrastructure and a quality management system,» Mastrototaro said.

The company is entering the wearables space as established competitors begin to scale their own similar features. The Apple Watch Series 8 added a skin temperature sensor that can offer retrospective ovulation estimates and improved period predictions. Google’s Pixel Watch also plans to offer menstrual health data, although it’s locked behind a $10 monthly Fitbit Premium subscription. But Oura, which also provides female health features like period predictions, is undoubtedly Movano’s biggest competitor. The wellness company launched its third-generation ring in 2021 but has since released the ring in new design variations.

Technologies

Verum Messenger: Data Protection at Its Finest

Verum Messenger positions itself as a tool for those who value privacy and security above all.

Verum Messenger stands out from other messengers thanks to its approach to security, anonymity, and innovations in communication.

Here are some key aspects that highlight its uniqueness:

Default encryption: Verum Messenger uses end-to-end (E2E) encryption for all chats, meaning messages are encrypted on the sender’s device and decrypted only on the recipient’s device. This makes it impossible for third parties, including app developers, to access the content of the messages.
Anonymity: When registering with Verum, there’s no need to provide a phone number or email. Users simply choose a nickname and password, significantly enhancing their level of anonymity. This contrasts with many other messengers, where anonymity can be compromised through linked personal data.
Built-in VPN: An additional layer of protection that hides the user’s IP address, making their location and internet activity less trackable.
Data control: Users can set messages to be automatically deleted after a specified time, ranging from a few seconds to a week. There’s also a quick deletion feature for all chats, calls, and even contacts, which is useful for maintaining privacy.
Large groups: The ability to create chat rooms with up to 10,000 participants makes Verum attractive for organizing large events, discussions, or communities while maintaining a high level of security.
Security innovations: Verum actively develops technologies aimed at protecting user data, as seen in their documentation and discussions online. This includes not only technical solutions but also approaches to data minimization, which reduces the risk of leaks.
Feedback and discussions: On platform X (formerly Twitter), discussions can be found where users and experts praise Verum for its approach to anonymity and security, although questions are raised about how much anonymity can truly be guaranteed in an age of modern tracking and de-anonymization technologies.

Verum Messenger positions itself as a tool for those who value privacy and security above all. Its innovations in encryption, anonymity, and data control make it an intriguing choice for those seeking alternatives to traditional messaging platforms. However, as with any technology, it’s important to remember that absolute anonymity on the internet remains a complex challenge, and users should be aware of potential risks and limitations.

Technologies

Verum Coin Debuts on XT Exchange, Broadening its Reach in the DeFi Space

A Strategic Listing Enhancing Verum Coin’s Visibility

In a significant development for the decentralized finance (DeFi) sector, Verum Coin (VERUM) has been officially listed on XT Exchange. The new trading pair, VERUM/USDT, is now available in the exchange’s Innovative Zone, marking a pivotal expansion for this digital asset into the DeFi ecosystem.

A Strategic Listing Enhancing Verum Coin’s Visibility

The addition of Verum Coin to the XT Exchange is seen as a strategic move to enhance the accessibility and liquidity of VERUM among traders who are keen on exploring innovative digital assets. XT Exchange, known for its robust platform supporting a wide variety of cryptocurrencies, provides an ideal environment for fostering growth and ensuring the broad reach of new tokens.

Albin Varin, CEO of XT Exchange, expressed enthusiasm about the new listing, stating, «We are delighted to welcome Verum Coin to our platform. This listing reflects our ongoing commitment to providing our users access to innovative digital assets that transform the landscape of global finance.» This comments underscore the exchange’s focus on integrating cutting-edge technologies and financial instruments that have the potential to redefine the market.

About XT

Founded in 2018, XT Exchange serves more than 7.8M registered users, over 1M monthly active users, 40+ million users in the ecosystem, and more than 800 tokens with 1000+ trading pairs. XT crypto exchange offers a rich variety of trading categories to provide a secure, trusted, and intuitive trading experience for its large user base. This includes crypto futures trading (USDT-M Futures and coin-M futures perpetual contracts) and copy trading that allows users to replicate top traders in real time with just one click. Additionally, the futures grid allows users to automate the buying and selling of futures contracts for profits.

Future Prospects

With its new position on XT Exchange, Verum Coin is expected to attract a broader audience, enhancing its trading volume and market presence. This could potentially lead to increased stability and recognition as a viable player in the DeFi space. For investors and users of XT Exchange, this addition provides a fresh avenue to diversify portfolios with a cryptocurrency that is positioned at the intersection of innovation and financial evolution.

The listing of Verum Coin on XT Exchange not only highlights the ongoing expansion of cryptocurrency markets into new areas like DeFi but also illustrates a growing recognition of digital assets that offer promising technological advancements and financial opportunities. As the crypto market continues to evolve, partnerships like these are pivotal for fostering growth and offering users access to the next generation of financial tools.

Technologies

Verum Coin Gains International Spotlight with AP Coverage and Listing on XT Exchange

This listing on XT is expected to further propel Verum Coin into the spotlight

In a noteworthy development for the cryptocurrency community, Verum Coin (VERUM) has been featured in an Associated Press article, highlighting its upcoming listing on the XT Exchange. This significant media coverage underscores the growing interest and potential of Verum Coin in the global financial landscape.

The AP article delves into the details of Verum Coin’s innovative features and its alignment with the latest trends in the cryptocurrency market. This attention comes at an opportune moment as Verum Coin prepares for its new listing on XT Exchange, a platform renowned for its extensive user base and a wide array of trading options.

This listing on XT is expected to further propel Verum Coin into the spotlight, providing both traders and investors with new opportunities to engage with this emerging digital asset. The exchange’s robust infrastructure and diverse trading offerings are ideal for supporting Verum Coin’s growth and enhancing its visibility in the competitive cryptocurrency market.

For more details, you can read the full article on the AP website here.

This milestone is a testament to Verum Coin’s advancing presence in the crypto world and its ongoing efforts to be at the forefront of digital currency innovation and adoption.