Meet the Ring That Will Replace Your Wallet
One day, you won’t have to type “ShinyUnicorn1234” to access your email. Your computer will simply recognize your face. Likewise, your front door will unlock automatically. Even when you visit the mall, you will be able to pay for things without lining up at the checkout. Until that time arrives, Token looks like the next big thing. This ring may soon replace your wallet, your keys and all your internet passwords.
– Biometric technology allows you to check in and pay in stores securely
– Chicago, Salt Lake City, Miami, and Philadelphia go live this year, New York later
– Integrates with many NFC devices; battery life of around 2 weeks
Replace Your Wallet
You have probably read about stuff like this before. The difference is, Token looks set to come true. With state-of-the-art technology on board and some key launch partners, this ring could spark a revolution.
Before we get too far ahead of ourselves, let’s take a closer look. Token is a fairly chunky metallic ring with no outstanding visual features. You probably wouldn’t wear it for the sake of fashion, put it that way. That said, the design is contemporary and clean.
Before you put on the ring, you need to pass the security check. On the inside of the ring, there is a fingerprint sensor. Once you have confirmed your identity, the ring is enabled. If anyone tries to remove it from your finger, a light sensor picks up the movement and locks down the system.
Once Token is primed, you can safely leave your valuables at home. The folks behind Token are working with Visa and Mastercard, so you can use the ring instead of credit cards. It can also replace your wireless car key, or your HID card at the office.
[tweet_box]This ring may soon replace your wallet, your keys and all your internet passwords[/tweet_box]
In addition, Token works with smart door locks and NFC-enabled devices, such as smartphones. Finally, you can use the ring to log in to online accounts via all major browsers. Team Token has actually worked with Microsoft for seamless Windows 10 integration.
Shoulda Put a Ring on It
To make all this happen, Token is crammed with technology.
You don’t need an account to use the ring, because your details are stored on an EAL5+ certified secure element. In fact, Token is completely decentralized.
The ring interacts via Bluetooth and NFC, and the battery lasts around two weeks on average. Token is made from sterling silver. It is completely waterproof, and there are seven sizes to choose from. If the standard brushed metal look doesn’t float your boat, you can upgrade to a Black Rhodium or 14k Rose Gold finish.
“Token is the one place where all of your digital keys live — credit cards, house keys, website credentials, transit cards, car keys, your access badge — these are all artifacts you use to prove who you are. We built a secure environment for these artifacts to live on from a combination of asymmetric cryptography, biometrics, and a secure element.” — Token on Medium
What We ❤️
An astonishingly simple way to pay and log in. Even the battery life is impressive.
Room for Improvement
Until this ring works at every payment terminal and check-in, you still have to carry your wallet.
Token is available to pre-order now, priced at $249. Pre-orders should ship in December, and the ring will initially work in Chicago, Salt Lake City, Miami, and Philadelphia. The full release is scheduled for spring 2018, with more cities supported from then onwards.
Would you invest in Token? Share your thoughts in the comments!