Intel
Intel CEO Brian Krzanich delivers his keynote address during the annual Consumer Electronics Show (CES) in Las Vegas, Nevada January 6, 2014. REUTERS/Robert Galbraith Reuters

The collaboration between Chip giant Intel and and New York-based fashion retailer Opening Ceremony has resulted to a new luxury smart bracelet called MICA. The name is short for "My Intelligent Communication Accessory," this new wearable looks more of a jewelry packed with a few apps.

Currently, the smartwatches and wearables that are present in the market outwit each other by stuffing their devices with all the possible features and health tracking benefits they could think of. On the other hand, the brains behind MICA have decided to keep the device aesthetically rich yet technologically simple.

MICA was first introduced during Fashion Week last September and is basically designed for women. The bracelet has two stylish versions: one comes with black water snake skin, Chinese pearls and lapis stones from Madagascar while the other version is made from white water snake skin, tiger's eye from South Africa and obsidian from Russia.

Instead of carrying a display on top of the bracelet, the screen is found from the inside of their wrists for a more discrete glancing and swiping of notifications. The smart bracelet features a curved sapphire touchscreen display. It allows its users to access text messages, Gmail, Yelp, GPS, Google events and Facebook events. The bracelet also features something which Intel calls "Time to Go" alerts which combine GPS and user's calendar events. This add-on estimates the time the user would consume in travelling from one location to another. It also has notifications which include text messages and email alerts from chosen "VIP's," this is mainly to make sure that the user's wrist isn't constantly buzzing. However, each function would require around two to three screen taps, Yahoo Tech reports.

Unlike its rivals Apple Watch and several wearables running on Google's Android Wear, this Intel bracelet does not require a smartphone to operate and can be charged through a computer via USB cord. Based on Engadget's report, MICA will be under a two-year AT&T data contract which includes international data roaming and after the contract ends, owners have the option to re-contract. In addition, the bracelet also has its own SIM which means that the MICA has its own phone number too.

Finally, Intel's MICA will hit Opening Ceremony's online and retail shops and at Barney's in December. Available in black and white variants, both coated with 18-carat gold and costs US$495.