Token is a ring that aims to replace your keys, credit cards, and passwords

As technology progresses, companies always try and find ways to make our lives easier. While many things now can be accomplished from a smartwatch or smartphone, there is always a risk involved when it comes consolidating many parts of our lives into one device. Token is aiming to overcome this hurdle with their new product, by ensuring consumer security, by protecting the data and also the end user.

Token is a ring that measures in at 9.0mm x 2.5mm and can take the place of:

Credit card (Visa or Mastercard)

House key (with our companion Token Lock)

Desktop login password (Mac or PC)

Smart car key

Passwords (https://www.w3.org/TR/webauthn/)

Access badge (HID SEOS)

While you might be skeptical about the product's security, the firm has an embedded fingerprint reader on the inside of the ring. When you first set it up, you will scan your print, and from that point on, it will require a scan each time it is put on. Like many wearables that hold sensitive information, it is also equipped with an optical sensor that can detect when it has been removed. When this action is detected it will secure the device by locking it, denying access if stolen.

So what does it cost to own a Token? You can purchase the basic model for $249, and if you want to add the convenience of being able to enter your car or home with the ring, you'll be looking at an extra $100 for each. Probably the most important part of the unit is that it is not a service, you pay just for the device. It will be available in free different finishes: Plain Brushed Silver, Rose Gold Plating, and Black Rhodium Plating.

Unlike your credit cards and keys, the Token will require a charge, which can be done using the inductive charger. The ring will last about 14 days on a single charge with moderate use and can be submerged in water up to 50 meters. Currently, it can only be purchased from the Tokenize website with availability restricted to the United States. The firm is planning to expand sales to other regions starting in 2018.

Source: Token via MSPoweruser