Someone can wear it like a ring. It looks like a ring but I think it would be very dangerous for someone to wear a wallet to everywhere he is going to. I will prefer to keep my wallet secure somewhere at home for privacy reasons.
This is main main grip (amongst others) with "wearable" cold wallet devices - once it gets mass marketed and known to the general audience, the user will have a mark on his/her back from ill intended individuals. I easily see users of the device being victims of the famous $5 wrench attack.
We're not just revolutionising the form factor - we've completely redesigned the way you backup your wallet. Ace Cards use Shamir's Secret to allow you to safely recover your wallet, without ever writing down your seed phrase. Each ring comes with 4 Ace Cards, but you can order more if you want in packs of 4,8 or 12. If you lose a card, you're still safe, as each individual card does not contain enough information for recovery.
Since the devices comes already wtih 4 Ace Cards, it is my understanding that the user doesn't generate a new wallet (as opposed to hardware wallets) and instead the ring comes already "configured" with the seed phase that comes within the 4 Ace Cards using Shamir's Secret correct? If so, how can the user be sure that the whole process of generating the keys was safe?