MIT (Prof. Pattie Maes) announced a new project “EyeRing” which allows users to identify objects by pointing at them. This ring may help blind people to navigate within their environment and may also read text for them (text to speech). Additionally the device could also be used as a translator or as a learning aid for children. Currentöy the eyering is a prototype, however, when the experiments are successful it shall become a commercial product.
The current device is made out of plastic, uses a small camera and a bluetooth module to transmit data to an analysis program which runs on a smart phone. At the current stage of development the EyeRing recognizes currencies, text, colors and prices on labels. When once commercially available the device shall b below 100 US Dollars