It’s a wristband that sends you an electric shock every time you go into your overdraft, or you go over a pre-determined limit.
The temperature control system works using Google's smart thermostat system, Nest.
This is all about giving customers the choice to control how they spend money
UK company, Intelligent Environments, has partnered up with Pavlok to create a wristband that gives you an electric shock if you go into your overdraft, or go over a pre-determined limit.
If you'd rather not get an electric shock (because. let's be honest, getting electrocuted isn't actually that much fun), you can choose to have the wristband synced to your heating, and it'll turn it down three degrees instead. Not to punish you by making you a little chilly, but to help you save money on your heating bill. Intelligent Environments says this could save you a whopping £255 a year!
And before you panic that your bank details will be easy to get hold of, David says, "It's completely secure. There's absolutely no financial or personal information passing into the devices."
Pavlok also has a device that helps people to stop smoking by giving them a zap.
