Xiaomi Mi Crowdfunding Launched in India: Here’s How it Works

Xiaomi Mi Crowdfunding Launched in India: Here's How it Works

HIGHLIGHTS

  • Xiaomi brings crowdfunding platform to India
  • It will sell “innovation-driven” products using consumer’s support
  • Offer currently available on two products

Xiaomi on Wednesday launched a new programme in India called ‘Mi Crowdfunding.’ With the new feature, users will be able to help the Chinese manufacturer in deciding which products it should release in India. Xiaomi will keep posting a curated list of “innovation-driven” products that it will sell only when a certain number of people are interested. If a particular product fails to meet the criteria in a set timeline, the product will not be shipped and the customers will get their money back. The crowdfunding platform has been launched as part of the Xiaomi Mi Fan Festival, which will run from April 5 to April 6.

As of now, Xiaomi has put up two products that it is planning to bring in India, on its dedicated webpage. The first product is the Mi Selfie Stick Tripod, which the company has priced at Rs. 1,099. It is a selfie stick and tripod combined into one unit and comes with a Bluetooth shutter remote. It is equipped with Bluetooth 3.0, meaning it will support smartphones running Android 4.3 and higher, and iOS 5.0 and higher.

xiaomi tripod Mi Selfie Stick Tripod

Xiaomi Mi Selfie Stick Tripod

The Mi Selfie Stick Tripod is able to rotate 360 degrees and comes with an adjustable grip to “accommodate the largest smartphones like Mi Max 2.” The product comes in only one Black colour variant, measures 45×49.5x190mm, and weighs 155 grams. Xiaomi promises that it will be shipped within 10 days of successful completion of the project.

Next is the Bluetooth Audio Receiver that has been priced at Rs. 999. The device, meant to provide wireless music, comes with a single key function that turns on the earphones, connects to Bluetooth, plays and pauses music, and answer calls as well. It comes with Bluetooth 4.2 to connectivity, and a headphone amplifier chip.

xiaomi bluetooth Xiaomi  Mi Bluetooth Audio Receiver

Xiaomi Mi Bluetooth Audio Receiver

Xiaomi claims that the 97mAh battery onboard can be fully charged within 2 hours and support 4 to 5 hours of playback. The device weighs 10 grams and comes with a 3.5mm audio jack. Users can pair up to two handsets but only one of them can be connected at one time. Notably, the product does not have the volume key function of Apple and Apple certified MFI earphones. It is available in a White colour variant.

To use the Mi Crowdfunding feature, first, you will have to select the product and click on ‘Support now’ to place your order. Following this, you can use any preferred online payment mode and pay within the defined timeline on the payment page. You will be able to come back anytime to check the project progress. Notably, a project is considered successful once the bar reaches 100 percent in the defined timelines. Also, in case you change your mind, you can cancel the order before it ships out.

[“Source-gadgets.ndtv”]

A government that works hand in glove with the creative industry

The government in Singapore is a firm backer of creative agencies – from attractive grants to working together to setting up centres of excellence – it has not shied away from broadcasting this fact.

Agencies too are happy. For them, the experience of working with the Singapore government is devoid of the usual hang-ups associated with the civil service, such as being slow or bureaucratic.

So is Singapore creative? Industry watchers believe it is. According to an industry insider, “Singaporeans were more traditional; creativity was not a preferred choice but rather something you pursued if you ‘failed’ to make it in the mainstream. The government is doing its best to push creativity by welcoming cultural, social and political diversity.”

That said, there is work being done to develop the key industries that drive creativity as well as spur innovation, most prominently from startups. And most of it is visible.

(Find our regular selection of online content worth sharing in this section)

[“Source-afaqs”]

What is PM Narendra Modis credit card killer BHIM Aadhaar platform and how it works 5 things to know

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Prime Minister Narendra Modi today launched BHIM-Aadhaar platform for merchants. This biometric-based payment system makes paying with the help of thumb impression a reality, in Nagpur. On the occasion, PM Modi said that soon people’s mobile phone will become ATMs. “The day is not far when premises-less banking will become and reality and mobile phones will play the most crucial role in it.”

The launch of the biometric-based payment system on the occasion of the birth anniversary of the Father of Indian Constitution Dr Bhim Rao Ambedkar is expected to mark the start of a new transaction culture in the country. While launching the BHIM App, a digital payments app, on December 30, PM Modi had talked about the Aadhar Pay for the first time. “Download it (BHIM) on a smartphone or on a feature phone. It is not necessary to have the internet for this app. In the next two weeks, one more work is being done, which will increase the power of BHIM so much that you would be able to withdraw money even with your fingerprints,” PM Modi said at the event.

The BHIM-Aadhaar payment platform is expected to make digital payments easy even for people who cannot read or write. Moreover, it is expected to end people’s dependence on credit or debit cards and reduce cash transactions. In the start of this month, IDFC Bank had first launched the Aadhar Pay within its network.

Here are five things you should know about the Aadhaar Pay:

1. What is BHIM-Aadhaar payment platform, or Aadhaar Pay: Aadhaar Pay is the merchant version of the Aadhaar Enabled Payment System (AEPS). It will especially benefit those who do not have debit cards, mobile wallets and mobile phones.

2. Only merchants need to have Aadhaar Pay: Aadhaar Pay is an app that needs to be carried by the merchants only. Users just need to have an Aadhaar-linked bank account and mobile phone, credit or debit cards. Merchants can download the Aadhaar Pay app to take payments online from customer’s bank account to their own account using the 12-digit unique Aadhaar number of the clients where clients can choose any of their bank accounts to do the transactions.

Each transaction will be authenticated by the fingerprint of the customer. Transactions can be made through Aadhaar-linked bank accounts (AEBA) only.

3. How to use: Merchants can download the app from play store or iTunes. After that, they can login with their Aadhaar number using the fingerprint scanner. Once the app is validated, merchants can use it to take payments.

4. Security concerns: According to the Niti Aayog, the Aadhar Pay is a highly secure app which will use two main platforms – Aadhaar Payment Bridge (APB) and Aadhaar Enabled Payment System (AEPS). APB will act as repository between the banks and the customers to provide a smooth flow of transactions, while AEPS will help in authenticating the online process.

5. Customer benefits: Customers do not need a debit card or credit card for payments through Aadhaar Pay. Also, Aadhar Pay would end the need to have an internet connection, many payment apps, or POS machines.

Aadhaar Pay would not charge Merchant Discount Rate (MDR). MDR is the charge paid by the merchants to a bank merchant for accepting digital transactions through credit or debit cards.

[Source:-financialexpress]

This Podium Works like a Touch Screen Computer

touch screen podiumImagine showcasing your product demo on a drafting table that works like your iPad. Imagine hooking a projector to this table for large screen presentations on the nearest wall.

Now imagine all you need is your laptop to bring these features, and many more, to life.

Creators of the IKKUT touch screen podium have been working to make all of this a reality. Simply install the driver for your computer’s operating system, connect the single USB port and you’re ready to go, the company’s Kickstarter page promoting a campaign raising money for the device insists.

The campaign, started by Azkenmedia, a Spanish based company trying to make this presentation tool a reality, is currently nearing its end.

Here’s a video that showcases the IKKUT:

The IKKUT touch screen podium features a steel structure casing for the touchscreen which is position adjustable from 0 to 90 degrees, made of 6mm tempered security glass, and features true multi-touch with response times of only 7 to 13 milliseconds.

The infrared capacitive touch screen itself measures 40 inches and could be made available in a two or six point multi-touch display. The steel structure supporting the display measures 56.7 in. x 23.6 in. and would come coated in a matte black powder paint.

So why such a massive touch screen? On the main website for the prototype, project director Fernando Elola explains:

“Human touch is a must, an internal response to interact with other human beings.”

In a world where people are surrounded by touch screens on phones, tablets, computers and even watches, why not include a large screen which can allow you to showcase something in a new and intuitive way?

For example, a developer could create a phone app, then showcase it on a screen large enough for an entire room to see.

Though there are obvious possibilities for business applications, the IKKUT touch screen podium could be used for education in schools, museums or exhibitions, TV studios, or even at home for personal entertainment like movie projection or party games.

IKKUT is able to project using nearly any rear projection system, and comes with a special tray to attach your laptop and the projector unit.

The team that created IKKUT touch screen podium was planning on a fifty unit production run. Unfortunately, with only 10 backers and only $3,203 of their $105,000 goal raised so far, the device may not see the light of day just yet.

So the IKKUT ends up not only being an interesting prototype because of its business applications, but also an example of what can go wrong in a Kickstarter campaign.

The Kickstarter page for the project includes a note from Elola, informing potential and existing backers that the campaign is reaching its end without sufficient money to make the device a reality.

Elola says problems included:

  • Lack of precampaign promotion.
  • High cost of the project, though Elola insists that cost is justified.
  • A video that is too slow in the beginning and doesn’t explain enough about what the device can do.
  • No defined target audience for the product.

The campaign ends July 30, 2014 and seems unlikely to reach its goal. But Elola insists it has been a positive learning experience in any case.

[“source-smallbiztrends”]