Hal M. Bundrick NEW YORK ( MainStreet)--For market watchers who want to keep a constant eye on their stocks, a new technology may be just what they are looking for. Fidelity Investments has launched a preview of a stock market monitor for Google Glass.
Glass is the wearable computer technology incorporated into a lightweight frame. Fidelity is participating in Google's developer program, which gives select companies and individuals early access to the portable Internet device. "We encourage investors to join with us and offer their insights and feedback on emerging technologies, such as the Fidelity Market Monitor for Glass, our first step in exploring the potential of wearable computing," says Sean Belka, senior vice president and director of the Fidelity Center for Applied Technology.
Those who preview the product can view a hands-free display of quotes from major U.S. stock indexes at market close. They can then offer their perspectives and feedback on the concept, helping to refine future financial applications of wearable computing technology. In a blog post and short concept video, an investor wearing Glass uses voice commands to access an investment account, view market news and information, and obtain up-to-the-minute stock quotes using visual cues in the investor's line of sight, such as a company logo. Other software of interest being developed by third parties for Glass include a real estate listings function that alerts a user when they are near an open house that matches the property criteria they are looking for. Glass will also provide listing photos and directions to the property.
The device has recently added new voice command capabilities, weather emergency alerts and other software updates that will roll out to customers within the next few days, according to ZDNet. Google Glass is still in limited distribution with Explorer Editions distributed to 5,000 beta testers last year. Owners of the Explorer edition can now invite one friend to purchase a Glass for $1,500. Industry speculation indicates a possible roll-out to consumers as early as the end of this year. --Written by Hal M. Bundrick for MainStreet