Hong-Kong based Tappy Technologies is teaming up with Watchmaker Timex for launching tokenized wearables.
With Tappy’s Universal Passive Provisioning Unit, any watch strap can be tokenized effectively into a credit or debit card. Timex looks to tap this tech into their upcoming exclusive models.
Brian Pemberton, group VP, advanced products, Timex, says: “The highlight of the new solution is Tappy’s UPPU which enables non-chargeable devices like traditional timepieces to be tokenized.”
Wayne Leung, CEO, Tappy, says: “We are proud to launch our Wearable Token Services Platform in partnership with Timex Group on the two major card schemes Visa and Mastercard.”