Generally, the token is used to keep your products such as digital keys, credit cards, house keys, website credentials, transit cards, car keys, your access badge. All these things are the artifacts you used to prove your identity. Although, you need the app though when you add or remove credentials. The Token app runs on iOS and Android phones, and this is what you use to manage your credentials.
Now, it’s time to change. The company called Tokenize Inc bringing you an identity wearable device, a ring to keep your credentials safe. This identity wearable is a form factor that knows who you are, opens the door, computer, or car, and takes the weight off your mind. You tap, you lightly knock, and it takes the weight off your shoulders in remembering passwords, and in fumbling inside your half-torn pocket for keys.
As for cars, the ring works with any car that has a start button and remote key fob. Additional steps need to be taken if you want it to behave as a car key. It involves sending your current car key fob so it can initialize the system. Then a USB is sent, to be plugged into the car’s ODB2 port. Two knocks unlock the car doors and activate its Start button.
Scott Stein, a senior editor, asked, “Would you want to wear a ring that acts as your wallet, and keys? It sounds somewhat risky. But Token claims to have solved the equation with a ring that has its own two-factor authentication and fingerprint sensor.”
And for credit cards, it covers Visa or Mastercard. Door lock and car locks are separate items and are $100 each.
What about security? No doubt, customers are more concern about security. But, no worries, security is addressed by the company behind the ring. For security purpose, there is an optical sensor that senses when the ring has been removed, so that when you take Token off all of your credentials are locked.
There is also a fingerprint sensor at the base of the ring and an optical proximity sensor to ensure that a user’s credentials cannot be accessed by a third party. Price would be another top question. The ring in sterling silver is at $249 and it is available for pre-order, with shipping scheduled for December.