This interesting concept is the INFO Live bracelet, one of the more promising entries in the Next-Gen PC Design competition. As the designer explains:

INFO Live is an data organizer for connected internet world. It is able to transfer data information to any hardware and person any moment in time of need. In addition, it has a powerful information update system that alerts user of incoming information, e.g. email, documents, photos , video & etc in terms of ionic representation.

It looks to be an interesting, if somewhat vague, idea. I'm sure wearable tech like this will only get more popular in the future.

Contest Page, via Geekalerts