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Data breaches have been a common news story despite many websites requiring at least a number, uppercase letter, lowercase letter (and sometimes a symbol) in your passwords. Physical keys to keep your valuables behind locked doors are also a bit unreliable – anyone can make a copy of those keys and gain access to your home or anything under lock and key. EveryKey seeks to solve both problems at once, so that house keys and passwords become a thing of the past.

An EveryKey wristband retails at $128, and security experts including McAfee Antivirus founder John McAfee (who also serves as spokesperson of EveryKey) are promoting it. “When our team first conceptualized Everykey, security was a top priority,” McAfee said. “That’s why we’ve built in military grade encryption and safety features like the ability to remotely freeze your Everykey if it’s lost or stolen.” McAfee is also a major shareholder in the company, and has called it a “game-changer” for the security industry.

“When Everykey is close to your phone, laptop, tablet, house door, car door or another access-controlled device, it unlocks that device. When you walk away, that device locks back down. Everykey can also log you into your website accounts. If you lose your Everykey, you can remotely freeze it, so no one else can use it,” the company claims, stating that in addition to that extra layer of security, you can also shut down access completely should you lose that EveryKey.

EveryKey’s technical specs include Bluetooth compatibility and security measures such as third party security auditing, AES 128-bit encryption, remove freeze (deactivation) and spoofing prevention. EveryKey is compatible with a variety of operating systems such as Mac OS 10.9+ (Mavericks, Yosemite), Windows 7+, Ubuntu 14+ (Linux) and mobile operating systems such as iOS 8+ and Android 4.4+ (KitKat, Lollipop). EveryKey is also compatible with web browsers such as Google Chrome, Mozilla Firefox, Safari, and is working on a Microsoft Edge (formerly Internet Explorer) version. The rechargeable lithium-polymer battery lasts 30 days, and also contains water resistance.

EveryKey has launched successful Kickstarter and Indiegogo campaigns. As of this writing, the Indiegogo campaign is still going, having reached 281 percent of its $20,000 goal. In addition, EveryKey is also providing a key ring and is allowing third party developers to develop EveryKey apps. “Everykey’s Software Development Kit allows for third party developers to create new applications for Everykey. This means that everything from a car to a lightbulb can add Everykey compatibility as long as it’s Bluetooth Low Energy enabled,” the company says.

One day, we won’t be weighed down by numerous keys or struggling to remember passwords (and by inclusion, have to go through archaic password reset procedures). EveryKey seeks to make wearables the standard of security rather than the outlier, and the first EveryKeys should start shipping in March 2016.

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