Saw today.. wearable wallet

[Cryptogreatdane]

This popped up on reddit today. Does anyone know this maker. Haven't heard of them. Thoughts? Wearable ring wallet.

[CoinageMint]

This does sort of ring a bell 
Not sure if it was the same manufacturer, but i think someone did funded rings here, or maybe they were just gemstone rings, i really can't remember now

[Charles-Tim]

This is the thread it has been discussed before on this forum: https://bitcointalk.org/index.php?topic=5472632.msg63095544#msg63095544

Probably the same marker created this seedless wallet: https://bitcointalk.org/index.php?topic=5545902.msg65454793#msg65454793

You can read what people are posting on both threads to know their opinions about the wallets.

[goldphysicalbitcoin]

It's a pretty interesting design that balances security and portability. I'm more concerned about whether applications like cold wallets are too centralized. After all, a wallet can be used for decades, and if it can only be used with a dedicated application, it increases the risk of it becoming unusable in the future.

[finitemaz]

It's a pretty interesting design that balances security and portability. I'm more concerned about whether applications like cold wallets are too centralized. After all, a wallet can be used for decades, and if it can only be used with a dedicated application, it increases the risk of it becoming unusable in the future.

Usually cold wallets are backed up with standard BIP-39 seed phrase, which is not locked to a dedicated manufacturer or application, or even to that specific hardware device. 

[satscraper]

It's a pretty interesting design that balances security and portability. I'm more concerned about whether applications like cold wallets are too centralized. After all, a wallet can be used for decades, and if it can only be used with a dedicated application, it increases the risk of it becoming unusable in the future.

Usually cold wallets are backed up with standard BIP-39 seed phrase, which is not locked to a dedicated manufacturer or application, or even to that specific hardware device. 

If the wallet is initialized in seedless mode, then there is no seed phrase to back up.

Tangem Ring based wallet can be initialized either without SEED phrase ^{i.e. in seedless mode} or with SEED phrase.

In seedless mode the backup is done using the Tangem Cards that come with the wallet.

If the wallet is initialized with SEED phrase, then it is still backed up by the Tangem Cards, but in this case you must also securely store your seed phrase, because it becomes an additional critical backup.