Token launches biometric identity ring
14 July 2017 13:38 GMT

Biometric startup Token has launched an identity ring supported by partners including Mastercard, Microsoft, FitPay and the FIDO Alliance.

In a statement, Token said it has introduced a frictionless solution to manage credentials while leveraging a proprietary continuous two-factor authentication method – via an ultra-compact fingerprint sensor in the base of a ring and an optical proximity sensor – to ensure no one but the user can ever access protected credentials.

“The way we prove who we are is broken. Token allows you to prove who you are – from your front door to your office to the grocery store – while simultaneously protecting your information with advanced cryptography,” said Token Cofounder and CEO Melanie Shapiro. “It’s all of your digital keys in one place, while taking up less physical real estate than a credit card.”

To activate Token in the morning, the ring’s fingerprint sensor unlocks your credentials. Throughout your day, Token uses simple gestures inspired by movements, like taps and knocks to prove identity. At the end of the day and anytime the ring is removed, Token’s embedded proximity sensor instantly locks credentials and only reactivates when the fingerprint of the original user is detected.  Token replaces the need for the majority of day-to-day credentials, including:

The firm notes that the ring works with MasterCard or Visa payments, NFC house keys, online passwords, office access and car keys.

“Passwords no matter how long, complex, or frequently changed are inherently insecure, and yet we use them every day to verify our identities. Microsoft designed Windows Hello to enable all of our customers to move to a password alternative that is secure from the modern threats and we’re thrilled to work with Token to make the Windows Hello experience even better. With its wearable design, Token logs you into Windows 10 seamlessly in a way that feels natural and familiar. We’re excited to continue working with our partners like Token to make Windows devices and our customers online experiences more secure,” said Chris Hallum, Senior Product Manager at Microsoft Windows Client Security.

“At Mastercard, the purpose of our Commerce for Every Device Program is to enable secure payments to a whole new generation of devices – giving consumers more choice in how they pay,” said Kiki Del Valle, Senior Vice President, Commerce for Every Device, Mastercard. “The Token device provides our card holders a personalized lifestyle accessory that can make simple and safe contactless transactions at millions of merchant locations in 96 countries around the globe.”