Concept Bracelet Acts Like A Wallet On Your Wrist

Concept Bracelet Acts Like A Wallet On Your Wrist

Token is designed to help wearers make sense of their financials on-the-go, through a simple series of touch interactions.

Leah Gonzalez
  • 18 june 2014

Seattle-based product design studio Artefact has developed a wearable device concept that is designed to help wearers manage their money more effectively.

Token is a wearable bracelet concept that is connected to the wearer’s payment accounts, including checking and savings accounts, credit cards, PayPal accounts, and even digital currencies.

The idea is for the wearer to be able to make payments and manage all of his accounts using a single device or platform. Payment apps tend to exist as separate programs and don’t sync with the user’s bank statement to help the user stick to a budget. Token allows wearers to see how their accounts are doing so they can make smarter decisions when it comes to paying for goods and services.


The wearable bracelet allows the wearer complete four activities: “Pay” or purchase from vendors, “Give” or transfer funds to other users, “Ask” or request money from other users, and “Peek” or check bank statements. Under the “Peek” option, wearers will be able to see a bar graph of their accounts. Being able to see all of their accounts on a single platform would help the wearers assess whether they have enough funds for an item they want or whether they should hold off til payday.

Token features a security mechanism that is based on three aspects of the wearer: a biometric like a thumb print or heart beat, a PIN number, and recognition of the device itself. These three factors make the device useless when lost or stolen since only the owner will be able to log in and use it. Wearers won’t have to worry about their financial information falling into the wrong hands.


The wearable concept would require a payment system where vendors or merchants have the technology to accept payments via Bluetooth or scan a QR code generated by Token.

The concept presents an application for wearables that goes beyond just managing and tracking health, fitness, and the quantified self. It presents a way for sensors and wearable devices to help people manage their financials as well.

Token is the first in a series of ideas borne out of Startefact, theproduct design studio’s innovation program where the company prototypes ideas for new products in different technologies.



[h/t] Wired

+Finance & Money
+financial services
+fitness / sport

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