Gallery: A Slick Concept for a Wristband That Manages Your Money
Photo: Artefact01Glamour-C
Seattle-based product design studio Artefact has developed Token, a wearable concept that distills a ton of financial information into a simple series of touch interactions.
Photo: Artefact02Watch 2up
Smartphones seem poised to make our wallets obsolete, thanks to a raft of payment apps, but the Artefact team sees a problem: each app exists in a vacuum, and they can't all sync with a bank statement.
Photo: Artefact03Process-Visual Design
With Token, users could pay for goods, give and collect funds from other users, and check multiple bank accounts.
Photo: Artefact04On Arm Retail Setting 2 copy
Token's success would hinge on a payments ecosystem that does not yet exist. In a Token-enabled world, the Artefact team imagines that all vendors could either accept payments beamed through Bluetooth, or scan a Token-generated QR code.
Photo: Artefact05On Arm Retail Setting
In many ways, Token mimics the user experience of fitness trackers. It catalogues activity, tracks patterns and insights, and can use to data to promote better behavior.
Photo: Artefact06On Arm 2up Authentication
Token is also carefully designed for security. It activated when it senses a human pulse and it uses either fingerprint detection or a PIN number to unlock.
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