Next - gen versions of theOura Ringcould have the ability to authenticate digital payments in the same way as a smartwatch or smartphone .
The party behind the bright wearable technology has announce the acquirement of Proxy – a digital identity signal platform .
Oura says this will raise the fellowship ’s ability to innovate , which could let in digital payments , make headway access to locked areas , and plenty of other means of avow your indistinguishability .
Theblog postannouncing the deal from last hebdomad taper out Proxy has been in “ stealth mode , work out to advance its biometrically - linked digital applied science ” and the hand sees the founders and central employees joining Oura .
“ Oura was founded on a cultivation of innovation , and has put great emphasis on build broad security for our noetic property . This deal expands Oura ’s leadership in health wearables and signals our ambitions to integrate digital personal identity engineering with our existing hardware and software offerings , ” said Tom Hale , Oura CEO .
“ We are thrilled to collaborate with the innovative Proxy squad to expand our addressable market , paving the way for raw opportunity in areas such as payment , approach , security , indistinguishability , and beyond , fuel future growth . With the learning of Proxy , we have the most comprehensive portfolio in the sassy gang space . ”
The Oura Ring is currently in its third generation and it ’s potential Proxy ’s advance could be integrated within a quaternary - genesis model .
Having an NFC chip to communicate with a payment terminal , for object lesson , could potentially be even more seamless than using a smartwatch or smartphone to water tap - to - pay . Whether the applied science can be small enough not to add to the physical footprint of the popular ring remains to be seen .
