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Samsung Explores Contactless Payments With Galaxy Ring

Feb 26, 2024 - pymnts.com
Samsung's first ring product, the Galaxy Ring, is set to be unveiled at the Mobile World Congress. The wearable device is equipped with health-tracking features, providing readings on heart and respiratory rates, sleep patterns, and a "vitality score" that assesses physical and mental readiness. Samsung is also considering adding a feature that would allow users to make contactless payments with the ring, similar to smartphones.

The company's digital health team leader, Hon Pak, highlighted the role of artificial intelligence in Samsung's health offerings, with the aim of using technology like large language models to provide deeper insights into user health. Research from MIT and Google has shown that AI combined with wearable data can significantly improve health prediction performance.

Key takeaways:

  • Samsung's latest wearable device, the Galaxy Ring, comes with health-tracking features and is set to be displayed for the first time at the Mobile World Congress in Barcelona.
  • The device is equipped with sensors that provide readings on a person’s heart and respiratory rates, sleep patterns, and a "vitality score" which assesses physical and mental readiness.
  • Samsung is considering adding a feature that would allow Galaxy Ring users to make contactless payments, similar to smartphones.
  • Artificial intelligence plays a significant role in Samsung’s health offering, with the goal of using technology such as large language models to provide greater insights into user health.
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