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Georgia based high tech start-up developed a smart ring. The smart ring device enables people to make contact less payments worldwide, earn loyalty points, open NFC (near field communication) doors and present E-tickets with a single touch. Start-up company is considering distribution service agreement with potential EU partner.
The Georgian high tech company specialized in manufacturing smart rings, was established only in 2016 has already signed partnership agreement with important leisure facilities in Georgia. The company is combining various tickets and contact less cards in one device by creating a unique platform which makes new service integration smooth and comfortable. Customers can link their e-tickets account to the smart ring with just one click on the website. It means that after customers buy e-ticket and link it to the smart ring via website they will get an opportunity to enter on the event only by the ring.
Association agreement signed between EU and Georgia, which includes deep and comprehensive free trade area agreement (DCFTA) allows companies to trade with each other without custom tax, therefor Georgian company is interested finding distributors mainly in EU countries.
The smart ring is a unique jewellery made from high quality exotic wooden material and has fully customizable design. Customers have the possibility to configure their own ring on the company’s website and make it even more personal by engraving text inside the ring.
The preferred cooperation types are:
EU distributors have to promote and find new markets for Georgian products.
The company aims to build distribution of Smart Ring, because the product is unique and innovative due to the patented technology and is highly demanded by the consumers as it offers authentication absolutely effortless and secured.