Not only is the prototype potentially much more customisable and user-friendly than products currently available in the market, the 3-D printed device is expected to eventually be priced at a fraction of its competitors' costs.
"When it hits the market, our creation will probably fetch between Rs 1-1.25 lakh whereas existing bionic hands cost in excess of Rs 10 lakh.
"The reason we are able to pass on the savings to the customer is due to the cost-effective and custom-built tech that has gone into our hand," CEO of Onbyz, a city-based startup that has developed the device, Sanju Mathew said.
The conference, marking the 50th edition of the FAYA:80 tech conclave series, was organised by the Kerala Startup Mission (KSUM) in association with NASSCOM and ICFOSS.
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Onbyz's bionic hand works through electrodes that transmit signal over wires from the intact nerves and muscles in the elbow to a microprocessor that directs the digits to move.
This set-up allows the user to manipulate the hand to grip objects.
While the movement isn't real-time just yet, the lag between signal input and output is expected to decrease further along the development process.
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