If there is one thing that is clear after the 2023 Consumer Electronics show, tech innovators are looking to make the lives of humans much simpler.
Smart devices are leading the charge in human efficiency and now there's new smart home technology to keep families safe. Healthcare and security firm Essence Group has created a new security defense system called MyShield.
The system uses fog to deter would-be burglars. So how does it work? Once intruders have been detected, a system user is notified via an app on their phone, at which point they can activate the fog.
It takes about 30 seconds for a 3,500 square-foot room to completely fill, and according to Essence, those breaking and entering usually run away 98 percent of the time. And while it is typically utilized in businesses, the company is developing a model for the home.
When it comes to securing the outside of your home, Genie has you covered with the BenchSentry.
It's aimed at safeguarding packages and gives handlers direct access to the locked box by entering a portion of the tracking number or via a code provided by the homeowner.
Renewable energy company Heliogen has gone public via a SPAC merger with blank check company Athena Technology Acquisition Corp. on the NYSE. Joining Cheddar, founder and CEO Bill Gross went into why he felt the end of 2021 was the best time to get into the public markets. "If you think of the Industrial Revolution and the digital revolution, this renewable revolution is probably going to be as big or larger than that," he said. "So we're going to use this capital to scale our business, to meet more customer demand, to do more projects in parallel, and to scale our research and development to continue to drive down the price to be competitive with fossil fuels."
Carl "The Moon" Runefelt, a Bitcoin investment expert, recently made a hefty purchase of a $2 million Bugatti sports car at a Dubai dealership. The Swedish crypto evangelist joined Cheddar to talk about how he made the big acquisition of a luxury item he had long had his eye on and why he chose the dealership, The Car Vault, to make the unprecedented transaction. "They accepted crypto directly, and that was important to me," he said. "I am not going to go to any car dealership that don't accept crypto, and that's kind of a principle I have today."
2021 proved that crypto currency is here to stay. This year saw more and more adoptions of crypto, from top athletes looking to be paid in bitcoin, to Elon Musk even experimenting with bitcoin and dogecoin payments for a bit over at Tesla. And it wasn't all bitcoin either - other cryptos like Cardano and Solana saw some action in 2021 as well. Patrick McConlogue, CEO of Overline and former Citadel Investment Group Engineer explains why 2021 was such a good year for crypto, and what to expect in 2022.