If you like it, now all you have to do is tap your ring on it. A husband and wife are launching a new smart ring that lets you makes transactions and open doors.
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âWe built an identity ring that lets you put all of your credit cards, passwords, your car keys, your house keys on it. And everything is done with a simple tap of your hand so everything is gesture based,â Token CEO Melanie Shapiro told FOX Business Tuesday.
The ring is now available for $250 and works anywhere that Apple payments or NFC payments are accepted.
âThe ring works over Bluetooth, Internet C, anything thatâs Bluetooth like logging into a website or unlocking a car, you just knock twice and it will authenticate you. Anything Internet C like contactless payments or the access card you use to get into the office, you just put your hand over the reader,â said co-founder and CTO Steve Shapiro.
The ring also has a fingerprint scanner on the inside so that the ring is only responsive to the individual it belongs to.
âIf you take it off, it doesnât work, itâs just a piece of jewelry,â explained Melanie Shapiro.