In this case, we’re talking about electronic devices, not Middle Earth.
According to a recent article in JCKOnline, tech giant Apple recently applied for a patent for a “ring device” that could be used as a phone, operate electronic devices, and even transfer money or computer files with a handshake.
Currently, there are no firm plans to develop this smart ring (hmmm... I wonder what they would possibly name it?), but the implications and applications are intriguing. Read the complete article here.