Compatible with iOS and Android, the complimentary TouchJet app effectively transforms your phone into a remote, capable of streaming any run of the mill application-from file sharing to games directly onto your television.

The Touchjet WAVE is houses a 2.0 GHz quad-core CPU, 1 GB of RAM, and 8 GB of memory. It also includes Android Kitkat 4.4 and Wi-Fi wireless Internet. Productivity services such as Google Docs can also be used.

I recently met up with the team from Touchjet to try out the device, and while it was just a prototype, it was clear that the WAVE had a ton of potential uses for users looking to upgrade their existing TVs.

Perhaps in the future most TVs will come pre-equipped with touch screen functionality, but for now we’ll have to settle for this plug-and-play style for tactile interactions with our large scale monitors.

Users must calibrate the device by tapping a few carefully positioned dots, which only takes a minute or so, before they can start using their TV as a touchscreen.

Touch controls are possible thanks to a sensor module that sits on top of the TV and tracks finger movements.

When a person’s fingers hover close to the display, the icons on the “touchscreen” are activated. For those anxious about smudgy screens, the contraption ships with an infrared stylus and an “air-mouse” is another proposed alternative though it must be purchased separately.

It is unlikely that the gadget will drastically change all TV viewing.

One example given by the firm includes using the device for presentations, enabling a user to draw, annotate and edit documents on a screen for everyone to see.

Consumers can pre-order Touchjet Wave through the crowdfunding site Indigogo, where it raised $100,000 in one day. But what all of those evolutions have shared are a heightened price tag for a whole new device.