NFC Ring is designed to unlock your door and smartphone
NFC technology as a mobile pay technology never lived up to high expectations. Never mind, say analysts, because NFC, which stands for near field communications, as a wireless technology that can transfer data at short distances, may be the starter for innovative applications to come. A Kickstarter NFC-enabled, NFC Ring project now under way is a case in point. This is a ring made to be worn on the finger at all times, like a wedding band. The promotional video says that the ring allows the user to unlock a door lock that is NFC-enabled, unlock a smartphone just by touching it with the ring, or, for those so inclined, can hold your bitcoin address. The team behind the Android-based ring points out that it does not work easily with all NFC-enabled phones, the Samsung Galaxy S4 and Blackberry Z10 to be exact.