Every year there's always a product that is deemed as the future of wearables, and while none have yet convinced us yet, this new biometric-based wearable might do the trick.

In Austin, Texas, there's a development firm working on something quite interesting. It calls this new piece of technology "Tech Tats," and it is basically a tech-based tattoo that transforms the body art into fully-functional health monitors.

Unlike the implant kind, this type of biometric devices are applied on the skin as temporary tattoos, and are capable of tracking the user's heart rate, location, and even body temperature.

The potential here is grand since it could be used in the future to track the whereabouts of children in a crowded area, or even to pay for items via Apple Pay or even Samsung Pay among others.

"This is really going beyond what the fitness tracker is," says Eric Schneider, creative technologist for Chaotic Moon. "This is something you can put on your body once a year that monitors everything [a clinic] would do in a physical, and sends that to your doctor. If there's an issue, they could just call you."

Schneider also talked about storing banking data via Tech Tats rather than in a wallet. He views it as much safer, but for now, such words are yet to be proven as factual.

Monitoring children could be the least here, as CEO Ben Lamm believes the military could use Tech Tats to monitor and track soldiers on the battlefield. It could theoretically allow for the army to track a captured serviceman a lot easier than before, but since the tech is temporary, we're not sure how it would pan out for the long-term.

The tech is still in the prototype stages, so it is not yet certain how much it would cost to have the tattoos implanted, and exactly how long they will last. We envision many folks going for something like this instead of going under the knife to have permanent wearables implanted in their body.

Tech Tats are removable whenever the user feels like it, so it shouldn't be an issue if one eventually decides they don't want to be tracked anymore, be it for health, military or other purposes.

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