MASTERCARD ANNOUNCE RING LAUNCH FOR ELECTRONIC PAYMENTS

On this occasion, the ring is not a creation of JRR Tolkien's pen, nor has it anything to do with Middle-earth ruled by Sauron.

The Token Ring allows the possibility of making payments with electronic money and cryptomonedas using a fingerprint sensor, a project that began its pre-sales stage on June 27 and will begin to be distributed starting in December of this year, as reported Melanie Shapiro, CEO and co-founder of Token .

With the presentation of this ring the husbands Steve and Melanie Shapiro make a new appearance in the scene of the protection of the digital identity and the payments in criptodivisas. The founders of Token had introduced Case a cold bitcoin wallet that was designed to protect the currency at times of threats such as the case of Mt. Gox.

Although it seems that the Shapiro are abandoning Case for the new Token business, they have not forgotten the initial customers who bought their first product. Users who purchased this cool wallet will still have the support of the product they require, even when Token goes on sale they will be able to migrate to this technology.

The Rochester, NY-based company secured $ 1.5 million in 2015 from Future / Perfect Ventures, RRE Ventures, High Line Venture Partners and the Rochester Institute of Technology Fund to fund its e-wallet project.