We can say it enhance bluetooth technology or we can say it transferjet. Yes,this under developing technology is going to make file transfer more faster. It is basically build for camera industry to make wireless transfer of image between two devices more faster and easier.

According to transferjet :TransferJet is a Close Proximity Wireless Transfer technology featuring simple operation, safe connection and efficient transfer of data.For transferring of data,touching two device is required. It is just seems like infrared transfer but it is definitely bigger than that.
Company claims that for minimizing the distance there is a benefit of minimization of data theft wile transferring and the data transfer rate in physical layer is to be 560 MB/sec which is tremendously large.