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Tangem Unveils Crypto Ring At 2023 Cardano Summit

Tangem Unveils Crypto Wallet Ring At 2023 Cardano Summit.png

In a groundbreaking event at the 2023 Cardano Summit in Dubai, Tangem revealed its latest product: the Tangem Ring. This is the world's first wearable hardware wallet, prioritizing our users' style and utmost comfort.


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Before this unveiling, most people considered NFC-powered, credit-card-shaped devices the pinnacle of convenience when quickly accessing crypto in non-custodial cold storage. But as leaders in the innovative crypto space, we're always thinking ahead.  
 

The Tangem Ring: A glimpse into the future of cold  storage

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Tangem's crypto ring is a sleek, glossy, black piece of jewelry that combines its elegant design with powerful functionality. It was crafted with extreme precision and has seamless integration of our current security features and user-friendly accessibility.  
 

Key features of the Tangem Ring

Secure element technology: The Tangem ring uses the Tangem chip — an EAL6+ CC-certified secure element designed in collaboration with Samsung Semiconductors — to provide the highest level of protection from invasive and non-invasive attacks. This feature ensures its users' digital assets remain safeguarded at all times.

NFC connectivity: Like the Tangem cards, the ring is equipped with NFC (Near Field Communication) antennas, enabling effortless communication with compatible devices — any NFC-enabled smartphone. This allows for seamless transactions and easy management of cryptocurrency holdings.

Durable and stylish design: The Tangem Ring is not only a powerhouse of technology but also a fashion statement. Its sleek, durable design ensures it can withstand everyday wear while adding a touch of sophistication to any ensemble. Even though it's obvious, we're delighted to mention that the ring is water, dust, and temperature-proof.

Made from the finest materials: The initial batch of rings was crafted from zirconium dioxide (zirconia), a robust ceramic substance commonly utilized in dental crowns, joint implants, and as a thermal barrier coating (TBC) in jet and diesel engines to facilitate operation under extreme temperatures.    

Zirconia can exhibit a hardness up to four times that of stainless steel, making it significantly more resilient to everyday wear and tear, especially in resisting scratches.  
 

How to use the Tangem Ring

How Tangem Ring Works.pngUsing the Tangem ring is as simple as using the tangem cards. First, tap it against your phone's NFC antenna, and you'll be prompted to download the Tangem app from the mobile app store. If you already have the app, you can set up a wallet using the ring and Tangem cards.  
 

When will the Tangem Ring go into full production?

We're currently testing several manufacturers to help us mass-produce such a small but complex piece of Tangem's history. While we aim to uphold our reputation for offering competitive prices and top-notch quality, early estimates suggest that the Tangem Ring will come with a price tag of no less than $200 for the end consumer.  
 

When to preorder the Tangem Ring

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The Tangem Ring will be available for preorders in Q1 2024. Following its exceptional reception at the Cardano summit, we are accelerating our efforts in research and production of the rings and expect to feature them on our website by March 2024. Keep an eye on this space for further announcements and updates.  
 

Tangem at Cardano Summit 2023: Tangem Rings and Tangem Pay

...And 100, one hundred rings were gifted to the workshop's participants, who, above all else, desire independence.

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Tangem held a workshop titled Wallets, Wearables, Payments, Tangem Revolution Unleashed. Presented by Denis, our blockchain analyst, and Daria, our senior marketing manager, the workshop highlighted the new Tangem Wallet, its exceptional features, the importance of our innovative backup system — no to seed phrases — and what sets the Tangem Wallet apart from other solutions.  
 

The impact on the cryptocurrency community

The icing on the workshop's cake was the Tangem Ring. We gifted 100 rings to the workshop's participants, which included prominent crypto journalists, enthusiasts, and representatives from other Web3 companies.

The unveiling of the Tangem Ring marked a significant milestone in the evolution of cryptocurrency storage solutions. Tangem's innovation not only offers enhanced security but also simplifies the user experience, making it more accessible to a broader audience.

#CardanoSummit2023 
Tangem Ring GET‼️ https://t.co/vVT78N82Mg pic.twitter.com/eBq62Atkmc

— ながまる🐼カルダノエイダ[SASA]ステークプール (@nagamaru_panda) November 3, 2023

Mood: pic.twitter.com/lkPSOLw6oq

— Tangem (@Tangem) November 3, 2023

Tangem Pay

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We also shared our plans for Tangem Pay — a payment system powered by VISA, which allows you to spend your crypto anywhere in the world from the safety of your cold wallet. This will make Tangem Wallet the world's first self-custodial payment solution. 

The future of wearable crypto technology

Tangem's introduction of the wearable crypto cold wallet signals a promising future for the cryptocurrency industry. As the industry continues to evolve, we can anticipate further innovations that blend form and function to empower users in handling their digital assets.

As the Tangem community eagerly awaits its availability, the ring will reshape how users interact with their digital assets, paving the way for a more secure and accessible future in cryptocurrency management.