Study Shows Mobile AR Increases Sales for Beauty ProductsĪccording to a study conducted by research firm Intage on behalf of Perfect Corp, the latter's YouCam Makeup app has been measurably successful in driving engagement and sales of beauty products.ĭon't Miss: AR Makes Its Broadway Debut on YouCam Makeup App "Our collaboration with Nokia will enable us to tap on its leadership in building large, high-performance networks and formidable strength in software and services, as we seek to create even more remarkable products and services that deliver the best user experience to our Mi fans worldwide," said Lei Jun, chairman and CEO of Xiaomi. In addition, the companies will cross-license their respective cellular standard-essential patents, with Xiaomi acquiring patents from Nokia as part of the deal. The companies will not only partner in optical transport solutions for data centers, with Nokia providing network infrastructure equipment, but also evaluate other technologies, such as augmented and virtual reality, artificial intelligence and Internet of Things, for business opportunities. This week, Nokia and Xiaomi reached an agreement to collaborate on business ventures and cross-license patents. Nokia & Xiaomi Agree to Share Patents, Collaborate on Emerging Technology Approximately 1.1 billion tokens will be made available for sale, with each token worth $0.12 at launch.Įarlier this year, Lampix won the South by Southwest Accelerator Pitch Event in the Augmented and Virtual Reality category for its eponymous computing device, which turns any surface into an augmented reality interface. PIX will be offered as part of a crowdsale token launch, estimated to occur in late July or early August. Tokens, or PIX, can be used to purchase date from the database, apps for Lampix, cloud computing service (Lampix GAS), or even a Lampix device.ĭon't Miss: Your Desk Can Be an AR Smart Surface with Lampix To enable this effort, Lampix will establish a token system to compensate picture miners, voters, and app developers. The Lampix device can project an augmented reality interface onto any physical surface. The company hopes that the crowd-generated image database will grow to include a billion images and corresponding descriptions to enable image recognition training for augmented reality and computer vision platforms. In an effort to establish an ecosystem for its computing device, augmented reality company Lampix will build a blockchain-based image mining network that will be supported by a token system for purchase and payments. Lampix to Launch Blockchain Database with Token Currency Benhamou Global Ventures (BGV) took the traditional route by investing capital into a number of emerging technologies, including a company working in augmented reality. Put its money into a study confirming the efficacy of the technology in sales and marketing. Nokia and Xiaomi are teaming up on numerous fronts, potentially including augmented reality. Lampix is backing its own effort to build an ecosystem for augmented reality platforms. Over the past week, companies took a variety of approaches to investing in augmented reality.
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