I read on the paper that Ministry of Health will soon replace the finger print system with new eye iris scanner system for work attendance, their reasoning is that eye iris scanner cannot be cheated unlike the older finger print system and this will force punctuality, I suspect the other ministries will do the same later.
I think they’re are going way too far with this since eye iris scanner is mainly used for security purposes and not for attendance, an employee can spend full 8 hours at work with zero productivity.
I was checking Kuwait Stock Exchange website this early morning, you see I also lost a big deal of money in trading (or should I call it playing around) with stock exchange, I saw they have introduced a new smart trading system named X-Stream which is used by American stock exchange NASDAQ.
Initially I can say the new trading system is faster and far more reliable, they cancelled trading by fractions and now minimum trading amount is one share, they increased the order value to 5 Million shares, also no more 5 minutes waiting for cancelling/modifying orders, in addition to many new features.
I heard the new system will help preventing the last minute changes (closing time) thus reducing cheating, nice.
Note: There was a problem in the first day of launching the new trading system and they say they will fix it shortly.
During my shopping at the Avenues Mall I saw that BOSE store is opening soon. I tried to reach the owners to see what speakers they will have and was told home theaters, phones, sub-woofers, headsets, computer surround systems among others.
I think Porsche also uses optional BOSE surround systems. I’m a big fan of BOSE surround system and I remember I used 5.1 Dolby Digital for my ex-desktop.
Starbucks had launched a new payment system on Wednesday in the U.S allowing iPhone, iPod Touch & BlackBerry (& soon Android) mobile payments for its coffee at thousands of its stores.
The new system allows customers to hold a smartphone displaying a two dimensional barcode for reading by a scanner installed at Starbucks cash registers. The smartphone links wirelessly to a person’s Starbucks card, which is backed with a credit card. The Starbucks card, when depleted, can be reloaded from the phone.
Brilliant idea, hopefully we’ll see it soon in Kuwait too