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Bitcoin => Bitcoin Discussion => Topic started by: bbit on July 26, 2013, 01:03:47 AM



Title: NFC Ring
Post by: bbit on July 26, 2013, 01:03:47 AM
Just to let people know the NFC ring is up and accepting bitcoins:

https://bitcoinstarter.com/projects/121



Title: Re: NFC Ring
Post by: Varicon on July 26, 2013, 07:01:37 AM
Awesome technology!


Title: Re: NFC Ring
Post by: kik1977 on July 26, 2013, 08:27:15 AM
Just to let people know the NFC ring is up and accepting bitcoins:

https://bitcoinstarter.com/projects/121



Woow, sounds awsome!
In the video they talk about Bitcoin, saying it can store your wallet address to receive payment. Wouldn't it be fantastic if it could store your private key too, thus being able to make payments as well?


Title: Re: NFC Ring
Post by: Aswan on July 26, 2013, 09:24:58 AM
Can the NFC be disabled (by shielding or something like that?). Or can the ID be changed? Even tho is got a private and a public part, one could still easily track your movement if he can identify the Ring based on a specific ID that is locked to the NFC chip. I don't want another tracking device, people already enough of them even of they call it "Smart phone".


Title: Re: NFC Ring
Post by: kik1977 on July 26, 2013, 10:05:46 AM
Can the NFC be disabled (by shielding or something like that?). Or can the ID be changed? Even tho is got a private and a public part, one could still easily track your movement if he can identify the Ring based on a specific ID that is locked to the NFC chip. I don't want another tracking device, people already enough of them even of they call it "Smart phone".

Good point. probably since the NFC technology only works on a very short distance (if I am not mistaken not more than a few inches or 8-10 cm), it cannot really be defined as a "tracking" system. You usually don't establish any radio communication unless you want to. Am I wrong? :)


Title: Re: NFC Ring
Post by: Aswan on July 26, 2013, 10:11:38 AM
Can the NFC be disabled (by shielding or something like that?). Or can the ID be changed? Even tho is got a private and a public part, one could still easily track your movement if he can identify the Ring based on a specific ID that is locked to the NFC chip. I don't want another tracking device, people already enough of them even of they call it "Smart phone".

Good point. probably since the NFC technology only works on a very short distance (if I am not mistaken not more than a few inches or 8-10 cm), it cannot really be defined as a "tracking" system. You usually don't establish any radio communication unless you want to. Am I wrong? :)

I am not an RFID specialist, yet I think that the distance depends on the amount of energy induced into the chip.

For it to be truely private and non-tracable there should be a way to shield it (even something as simple as moving a small peace of cryptalloy integrated in the ring over the NFC chip my sliding some thing on the rings surface around). or it has to randomly change the chip ID or be reprogrammable to a random ID.


Title: Re: NFC Ring
Post by: kik1977 on July 26, 2013, 10:20:47 AM
Can the NFC be disabled (by shielding or something like that?). Or can the ID be changed? Even tho is got a private and a public part, one could still easily track your movement if he can identify the Ring based on a specific ID that is locked to the NFC chip. I don't want another tracking device, people already enough of them even of they call it "Smart phone".

Good point. probably since the NFC technology only works on a very short distance (if I am not mistaken not more than a few inches or 8-10 cm), it cannot really be defined as a "tracking" system. You usually don't establish any radio communication unless you want to. Am I wrong? :)

I am not an RFID specialist, yet I think that the distance depends on the amount of energy induced into the chip.

For it to be truely private and non-tracable there should be a way to shield it (even something as simple as moving a small peace of cryptalloy integrated in the ring over the NFC chip my sliding some thing on the rings surface around). or it has to randomly change the chip ID or be reprogrammable to a random ID.

I am neither, but it makes sense. Probably shielding it it's an easy solution. Still wonder if it can store private keys and be used to confirm transactions..


Title: Re: NFC Ring
Post by: Aswan on July 26, 2013, 10:33:16 AM
Can the NFC be disabled (by shielding or something like that?). Or can the ID be changed? Even tho is got a private and a public part, one could still easily track your movement if he can identify the Ring based on a specific ID that is locked to the NFC chip. I don't want another tracking device, people already enough of them even of they call it "Smart phone".

Good point. probably since the NFC technology only works on a very short distance (if I am not mistaken not more than a few inches or 8-10 cm), it cannot really be defined as a "tracking" system. You usually don't establish any radio communication unless you want to. Am I wrong? :)

I am not an RFID specialist, yet I think that the distance depends on the amount of energy induced into the chip.

For it to be truely private and non-tracable there should be a way to shield it (even something as simple as moving a small peace of cryptalloy integrated in the ring over the NFC chip my sliding some thing on the rings surface around). or it has to randomly change the chip ID or be reprogrammable to a random ID.

I am neither, but it makes sense. Probably shielding it it's an easy solution. Still wonder if it can store private keys and be used to confirm transactions..

The website says it's going to be open source so eventually someone will find a way to make it sign transactions :)


Title: Re: NFC Ring
Post by: kjj on July 26, 2013, 02:17:01 PM
Can the NFC be disabled (by shielding or something like that?). Or can the ID be changed? Even tho is got a private and a public part, one could still easily track your movement if he can identify the Ring based on a specific ID that is locked to the NFC chip. I don't want another tracking device, people already enough of them even of they call it "Smart phone".

Good point. probably since the NFC technology only works on a very short distance (if I am not mistaken not more than a few inches or 8-10 cm), it cannot really be defined as a "tracking" system. You usually don't establish any radio communication unless you want to. Am I wrong? :)

I am not an RFID specialist, yet I think that the distance depends on the amount of energy induced into the chip.

For it to be truely private and non-tracable there should be a way to shield it (even something as simple as moving a small peace of cryptalloy integrated in the ring over the NFC chip my sliding some thing on the rings surface around). or it has to randomly change the chip ID or be reprogrammable to a random ID.

NFMI (http://en.wikipedia.org/wiki/Near-field_magnetic_induction_communication) != RFID (http://en.wikipedia.org/wiki/Radio-frequency_identification)


Title: Re: NFC Ring
Post by: bbit on July 26, 2013, 03:35:12 PM
Just to let people know the NFC ring is up and accepting bitcoins:

https://bitcoinstarter.com/projects/121



Woow, sounds awsome!
In the video they talk about Bitcoin, saying it can store your wallet address to receive payment. Wouldn't it be fantastic if it could store your private key too, thus being able to make payments as well?
Ya that part of was the coolest part. Yeah I agree about storing your private key.


Title: Re: NFC Ring
Post by: bitcoinstarter on July 27, 2013, 06:53:36 PM
Thanks everyone who is pledging!

NFC ring is pretty cool stuff we agree! ;D


Title: Re: NFC Ring
Post by: CurbsideProphet on July 27, 2013, 07:24:21 PM
Do you have to use the "alpha man" size ring in order for it to work with the S4 or does the regular size work as well?  What about the S3?


Title: Re: NFC Ring
Post by: btcton on July 27, 2013, 07:56:54 PM
Wow, looks neat.


Title: Re: NFC Ring
Post by: bitcoinstarter on July 27, 2013, 08:22:47 PM
Do you have to use the "alpha man" size ring in order for it to work with the S4 or does the regular size work as well?  What about the S3?

Good question to ask.  You can reach out to them via email here:
John@mclear.co


Title: Re: NFC Ring
Post by: Kris on July 27, 2013, 09:17:12 PM
This is very neat! I am very inclined to "invest" in this.


Title: Re: NFC Ring
Post by: bbit on July 27, 2013, 09:34:33 PM
This is very neat! I am very inclined to "invest" in this.

I'm going back and forth with pledging for the one I mentioned or the Electrum one ....  https://bitcoinstarter.com/projects/104


Title: Re: NFC Ring
Post by: Jbanna on July 27, 2013, 09:38:41 PM
oh man. i had this exact idea... was thinking of using nfc or rfid.

glad to see it become a reality!


Title: Re: NFC Ring
Post by: bbit on July 27, 2013, 09:40:40 PM
oh man. i had this exact idea... was thinking of using nfc or rfid.

glad to see it become a reality!

^^ It isn't that weird how that happens? lol


Title: Re: NFC Ring
Post by: Kris on July 27, 2013, 10:35:28 PM
This is very neat! I am very inclined to "invest" in this.

I'm going back and forth with pledging for the one I mentioned or the Electrum one ....  https://bitcoinstarter.com/projects/104

Indeed!


Title: Re: NFC Ring
Post by: paveq on July 28, 2013, 05:29:10 PM
Woow, sounds awsome!
In the video they talk about Bitcoin, saying it can store your wallet address to receive payment. Wouldn't it be fantastic if it could store your private key too, thus being able to make payments as well?
Ya that part of was the coolest part. Yeah I agree about storing your private key.

That might be quite risky for anything but smallest amount of coins, since the private key would be readable for anyone getting close enough. Think about using this in a store: you would have to trust cashier withdrawing right sum.

And where would the change go, back to a new key generated by the cashier machine? What if NFC link is interrupted while writing the new key to the ring, would the BTC be lost?


Title: Re: NFC Ring
Post by: bbit on July 28, 2013, 05:39:50 PM
Woow, sounds awsome!
In the video they talk about Bitcoin, saying it can store your wallet address to receive payment. Wouldn't it be fantastic if it could store your private key too, thus being able to make payments as well?
Ya that part of was the coolest part. Yeah I agree about storing your private key.

That might be quite risky for anything but smallest amount of coins, since the private key would be readable for anyone getting close enough. Think about using this in a store: you would have to trust cashier withdrawing right sum.

And where would the change go, back to a new key generated by the cashier machine? What if NFC link is interrupted while writing the new key to the ring, would the BTC be lost?

Yes, true. I believe he mentioned another way around that even.


Title: Re: NFC Ring
Post by: LTClover on July 28, 2013, 06:27:41 PM
No not at all


Title: Re: NFC Ring
Post by: CurbsideProphet on July 28, 2013, 08:11:33 PM
Do you have to use the "alpha man" size ring in order for it to work with the S4 or does the regular size work as well?  What about the S3?

Good question to ask.  You can reach out to them via email here:
John@mclear.co

Thanks, I'll shoot them an email.


Title: Re: NFC Ring
Post by: bg002h on July 28, 2013, 10:02:34 PM
The key ring idea is an oldie but goodie!

http://item.mobileweb.ebay.com/viewitem?sbk=1&nav=SEARCH&itemId=300495374337


Title: Re: NFC Ring
Post by: bitcoinstarter on July 28, 2013, 10:23:03 PM
Do you have to use the "alpha man" size ring in order for it to work with the S4 or does the regular size work as well?  What about the S3?

Good question to ask.  You can reach out to them via email here:
John@mclear.co

Thanks, I'll shoot them an email.

Welcome! Hopefully, you can find what your are seeking.


Title: Re: NFC Ring
Post by: Galahad on July 30, 2013, 08:44:26 AM
I don't really want to wear a ring.


Title: Re: NFC Ring
Post by: kik1977 on July 30, 2013, 09:25:24 AM
Woow, sounds awsome!
In the video they talk about Bitcoin, saying it can store your wallet address to receive payment. Wouldn't it be fantastic if it could store your private key too, thus being able to make payments as well?
Ya that part of was the coolest part. Yeah I agree about storing your private key.

That might be quite risky for anything but smallest amount of coins, since the private key would be readable for anyone getting close enough.

Exactly, that's why it should be possible to shield in some way the ring whenever one doesn't want to perform a transaction.


Title: Re: NFC Ring
Post by: hayek on July 30, 2013, 02:07:47 PM
Woow, sounds awsome!
In the video they talk about Bitcoin, saying it can store your wallet address to receive payment. Wouldn't it be fantastic if it could store your private key too, thus being able to make payments as well?
Ya that part of was the coolest part. Yeah I agree about storing your private key.

That might be quite risky for anything but smallest amount of coins, since the private key would be readable for anyone getting close enough.

Exactly, that's why it should be possible to shield in some way the ring whenever one doesn't want to perform a transaction.


I bought one.

There are two sides to this ring. An inner and an outer. Each side has a separate NFC chip. The inner is designed to be private. It's shielded by your palm. The outer is designed to be public.


Title: Re: NFC Ring
Post by: kik1977 on July 30, 2013, 02:37:49 PM
Wow, seriously? Could you please post some pics and, more important, your impression once you will actually use it?


Title: Re: NFC Ring
Post by: paveq on July 30, 2013, 03:45:03 PM
I don't really want to wear a ring.

Get a tattoo with public key QR? Or embed NFC chip inside palm?  8)


Title: Re: NFC Ring
Post by: hayek on July 30, 2013, 03:46:56 PM
Wow, seriously? Could you please post some pics and, more important, your impression once you will actually use it?

Once I receive it I sure can.

I was one of the first in the kickstarter so I will be receiving mine in September (yay Erli Bird). The inventor has a number of great video demonstrations:

http://www.kickstarter.com/projects/mclear/nfc-ring

Still 19 days left if you want to buy one


Public vs Private example:
http://www.youtube.com/watch?feature=player_embedded&v=FUZ1SbWLj6Y


Title: Re: NFC Ring
Post by: kik1977 on July 30, 2013, 03:55:24 PM
Wow, seriously? Could you please post some pics and, more important, your impression once you will actually use it?

Once I receive it I sure can.

I was one of the first in the kickstarter so I will be receiving mine in September (yay Erli Bird). The inventor has a number of great video demonstrations:

http://www.kickstarter.com/projects/mclear/nfc-ring

Still 19 days left if you want to buy one

Thanks a lot ;)


Title: Re: NFC Ring
Post by: bbit on August 03, 2013, 03:34:04 AM
Wow, seriously? Could you please post some pics and, more important, your impression once you will actually use it?

Once I receive it I sure can.

I was one of the first in the kickstarter so I will be receiving mine in September (yay Erli Bird). The inventor has a number of great video demonstrations:

http://www.kickstarter.com/projects/mclear/nfc-ring

Still 19 days left if you want to buy one


Public vs Private example:
http://www.youtube.com/watch?feature=player_embedded&v=FUZ1SbWLj6Y

Cool video!   10 days left on BitcoinStarter! only 10 % funded.