the invention is an independent module that accepts , powers , activates , and incorporates different optional communication and transactional sub - modules that can be clipped on a wristband carrying a high - end or other watch thus transforming the watch to an intelligent watch . the independent module may also be attached to any other device , such as a cell phone , key fob , or bracelet . the invention provides secure access to external systems for conducting financial and other transactions , without requiring conventional devices , such as magnetically striped credit cards . the invention takes advantage of previous technology invented by one of the instant inventors , pierre stevens , as enabling technology and extends it to new methods of conducting transactions without requiring conventional devices such as credit cards . in particular , this disclosure incorporates the inventor &# 39 ; s prior patent , u . s . pat . no . 7 , 013 , 393 , in its entirety , for the purpose of providing secure access to remote systems by the instant invention . an important advantage provided by the invention is the creation of a new medium of data exchange that overcomes the security issues plaguing a variety of communications devices , such as near field communications ( nfc ) equipped telephones and point - of - sale ( pos ) devices . nfc utilizes a rf electromagnetic field as a carrier of transactional information . security concerns arising from the ease of intercepting nfc transmissions carrying sensitive transactional data , as well as other security issues , have necessitated the development of a new technology that will replace nfc &# 39 ; s weakest link : radio frequency ( rf ) transmission . for improved security , the invention uses a spatial proximity transaction system ( spts ) that utilizes diffused infra frequency ( infrared ) waves of medium - energy elementary particles ( quantum field theory ) of photons or a blue laser to transmit transactional data thereby defeating any unauthorized attempts to intercept and capture said data by rf receivers . spts acts as a substitute carrier , accepting , transmitting and receiving the same data as those typically transmitted through nfc ; however , spts is not part of the common radio wave spectrum and thus cannot be intercepted by any easily obtained rf reader . spts can be integrated into a mobile phone , a smart card , a smart acoustic card , a wristwatch , a bracelet , a fob , a pos device , etc . the system &# 39 ; s proprietary diffusion arrangement will permit spatial transmission allowing the waving of a mobile phone or others similarly equipped object toward a device to initiate or complete a transaction . in the preferred embodiment , spts technology is incorporated into an integrated circuit chip that will in turn be incorporated into devices for use with mobile phones , pos devices , etc . for ease of discussion , a preferred embodiment of the invention uses a “ pin activated universal intelligent module ” ( pam ). the pam provides a code - dependent enabling and time - dependent disabling chip functionality . as a result , only the authorized user can activate the chip embedded in the watch or the wristband . the pam is enabled by its user &# 39 ; s introduction of his pin number on onboard keys or dial input . thus , the pin is not stored on a server , but stored in the pam as a means to strictly reserve access to the authorized user only . the pam uses entry keys , dials , or any other suitable means to enter data . the pam responds to the user &# 39 ; s input of a valid pin number by activating the embedded chip . the information provided for authentication and proper user verification resides in a memory that is insulated from an external attack . in the preferred embodiment , the pam will , by the use of the keys or the dial , generate the required information to be enabled for a predetermined duration before being disabled . the duration of the activation is limited to the programmed time necessary to complete a transaction and can be programmed by its user . the time limitation provides a disabling function for the pam that inhibits its use by unauthorized parties . as a result , if an unauthorized user came into possession of a lost or stolen watch , the watch cannot be used by the unauthorized user because the user would not have the information necessary to complete a transaction . the pam improves security because only the individual that knows the pin can use the watch for transactions . the previous embodiment discusses the invention in terms of a watch . however , the pam is not limited to use with a watch , but can be used in conjunction with a wide variety devices such as a cellular phone , a bracelet , a wristwatch band , an attachment to a wristwatch band , etc . as a result , those skilled in the art will realize that the invention is not limited to that category of accessories illustrated herein . while the technology disclosed herein can be integrated into a smart watch , it can also be used to : 1 . upgrade an existing smart watch by incorporating new features into the watch &# 39 ; s wristband . 2 . incorporating new features into a clip or sleeve that attaches to a pre - existing wristband . 4 . incorporating new features into a clip or sleeve that attaches to a pre - existing bracelet period . 6 . incorporating the invention into covers for devices such as cell phones , wristwatches , or key fobs having discussed the invention in general , we turn now to a discussion of the figures . fig1 is a flowchart showing the basic data flow of the invention . for ease of discussion , the term osam will be used to describe a universal intelligent module that provides new functionality to a watch , a wristband , a bracelet , key fob , a cover for any of those devices , or any other small device that a user may wish to use . in step 100 , the user begins activation of the osam . the osam , if implemented as a bam can be activated biometrically as shown at step 102 , or activated , if implemented as a pam , via pin entry as shown in step 104 . the general use of both pin entry and biometric detection are known techniques . activation can be accomplished by waving the osam near an external device , such as a pos device , etc ., as shown at step 106 . the invention provides improved security because the osam must be in close proximity to the external device it will communicate with . since the only person who owns the osam can use it to initiate and complete a transaction , a hacker would not be able to access the owner &# 39 ; s information . once the osam detects an external device , it initiates authorization , at steps 108 or 110 using bam biometric recognition or voice recognition , respectively . alternatively , the pam can initiate authorization at step 112 using pin entry . once authorized , the osam begins a transaction , at step 114 , with the external device using a preselected communications channel . the authorization process can be further secured using any of the security features disclosed in u . s . pat . no . 7 , 013 , 393 . in the preferred embodiment , communication with the external device is accomplished via nfc communications at step 118 , or via spts infrared communications at step 120 . those skilled in the art will recognize that communication can also be implemented using rfid at step 116 , or audio at step 122 . the osam can be personalized via a nano sim card supplied by the financial institution that secures the financial transaction , or by a credit card issuing bank . both the osam ( if necessary ) and the nano sim card can be powered by a wireless rechargeable battery . wireless rechargeable batteries are well known in the art . in addition , the osam will preferably include a standardized receptacle to accommodate chips from different issuers of nfc , spts , rfis , audio , and / or transport chips . transport chips are commonly used in fare payment cards by commuters . the oyster card used by the london , uk , transit system is one example of a transport chip embedded in a credit card shaped fare payment card . the invention expands this technology by providing transport chip technology to the osam 9 . this allows anyone wearing an osam 9 enhanced wristwatch , bracelet , or other osam 9 enhanced device to always have access to their fare payment card . preferably , the transport chip is either integrated into the osam 9 , or is a separate chip that can be inserted into the osam 9 . the advantage of a separate transport chip that can be inserted into the osam 9 is that , when an individual moves to a new locale , they can easily replace the transport chip with one that is designed to work with the transportation system at that location . further , the transport chip can be attached to a device , such as a wristwatch band , a bracelet or one of the other devices discussed herein , and work independently from other functions in the osam . it can be attached as a circuit installed in the osam 9 or as a separate circuit with a sleeve , a pocket in the users device , as shown in the following figures . fig2 illustrates an osam 9 attached to a prior art cell phone 1 . the osam 9 can be attached directly to the cell phone 1 via any suitable method , such as adhesives , or it can be incorporated into the original cell phone 1 case during initial fabrication or as a replacement cover for a prior art cell phone . the osam 9 is shown in dashed lines to indicate that it can be internal to the cell phone as well as external , or located on the front or rear of the cell phone . also shown are cell phone 1 components , including the cell phone case 2 , the cell phone speaker 3 , the cell phone microphone 4 , and the front panel 5 that holds the data entry keyboard 6 and the display screen 7 . external cover 8 is also shown . fig3 illustrates an osam 9 attached to the external cover 8 of a prior art cell phone 1 . this embodiment also allows the osam 9 to provide advanced functions to users of prior art cell phones 1 through the simple process of attaching the osam 9 to a conventional cell phone case 8 . once attached , the osam 9 allows even phones with no intelligence to be used as communication devices . fig4 illustrates a wristwatch 10 with an osam 9 integrated into a wristwatch band 14 . in this figure , the osam 9 is integrated with the wristwatch band 14 during the fabrication process . if the watch 11 is replaced , the user can move the wristwatch band 14 to the new watch 11 and thereby transfer the functionality of the osam 9 . those skilled in the art will realize that the osam 9 can also be integrated with a sleeve that fits around the wristwatch band 14 in the same manner as the osam 9 sleeve used by the bracelet 15 shown in fig6 an advantage of fabricating the osam 9 in a sleeve configuration is that the osam 9 can be easily transferred from one wristwatch band 14 to another . as a result , configuring the osam 9 in a sleeve configuration allows the osam 9 to be used with any wristwatch 10 , or even with other devices such as a bracelet 15 . fig5 illustrates an osam 9 incorporated into a wristwatch band 14 . in this preferred embodiment , the osam 9 is physically incorporated into the wristwatch band 14 . this may be done when the original wristwatch 10 is fabricated , or the osam 9 may be incorporated into a replacement wristwatch band 14 , or secured to a preexisting wristwatch band 14 . when the osam 9 is incorporated into the wristwatch band 14 it provides an advantage in that it is invisible to the casual observer . when used as a sleeve that is placed over a wristwatch band 14 , it may be more noticeable , however , it also allows the osam 9 to be easily moved from one wristwatch band 14 to another . fig6 illustrates an osam 9 attached to a prior art bracelet 15 . the bracelet 15 has straps 17 that connect to an optional ornamental item 16 such as a gemstone , etc . of course , the ornamental item 16 can be dispensed with and a single strap 17 can be used . the straps 17 each have clasps 18 on their distal ends that secure together when the bracelet 15 is worn . osam 9 is shown as a sleeve that slides over strap 17 . when used with a bracelet 15 , the osam 9 is secured to the bracelet in the same manner that it would be secured to a wristwatch band 14 . during use , the user would merely wave the bracelet 15 near an external device to begin activation as discussed above . alternatively , the osam 9 could be integrated into the bracelet 15 , for example , by concealing it in the ornamental item 16 . fig7 illustrates an osam 9 that is an integral part of a bracelet 15 . an advantage provided when incorporating the osam 9 into a bracelet 15 during initial manufacturing is that its presence is invisible to a casual observer . this figure shows the osam 9 secured to the underside of the bracelet 15 . by securing the osam 9 in this manner , it can be used in conjunction with older bracelets 15 . as a result , even an antique bracelet 15 can have the functionality heretofore available only from smart devices . of course , its activation process will be the same as that shown above in regard to fig6 . fig8 illustrates another preferred embodiment in which the osam 9 is used in conjunction with a conventional key fob 19 , such as those used by automobiles . in this figure , the osam 9 is secured to a prior art key fob 19 . this can be done in any convenient manner , such as adhesives , etc . those skilled in the art will recognize that the osam 9 can alternatively be incorporated into the electronics in the key fob 19 such that it is invisible to a casual observer . the figure also illustrates the typical input keys 20 used by a key fob , and the key fob cover 21 . fig9 illustrates an alternative preferred embodiment in which an osam 9 is attached to a prior art key fob cover 21 . by securing the osam 9 to the key fob cover 21 , the osam 9 can be used as an after market feature with any key fob 19 and does not have to be manufactured as an original component of the key fob 19 . fig1 illustrates another alternative embodiment in which an osam 9 is an integrated component of a key fob 9 . in this embodiment , the osam 9 is not visible to the casual observer . an advantage of the osam 9 is that it can be activated by a variety of methods . for example , it addition to the pin , discussed above , it can have a biometric activation , such as a fingerprint detector , voice recognition , etc . whether pin activated or biometrically activated , the osam 9 then activates the nfc transaction chip or the infrared transaction chip , or both . as a result , only an authorized user can activate the osam 9 . fig1 is a flowchart of a preferred embodiment of the invention that uses biometric activation . at step 200 , the user initiates a transaction . at step 202 the user activates the osam 9 by waving it in proximity to an external device . when the osam 9 is activated by a response from the external device , it notifies the user at step 204 . for ease of discussion , a yellow light is used at step 204 to alert the user that the osam 9 is waiting for biometric data input . those skilled in the art will realize that while a light is used to indicate that the osam 9 is waiting for biometric input , the user could also be notified in alternative ways , such as audio , or even a display screen on an external device , such as a gasoline pump . at step 206 , the user enters the biometric data . in the figure , the osam uses fingerprint data entered by swiping the user &# 39 ; s thumb across an integral biometric reader . if an osam 9 is being reset for use or if it is being transferred to a new user , the user will reset the osam 9 at step 208 . in step 210 , if an osam 9 is being initially activated for use , or activated for a new user , the entry of biometric data will initiate enrollment and the biometric data will be recorded in the biometric database 220 . if the osam 9 is not being reset or if a new enrollment is not being made , the osam 9 will compare the entered biometric data with the stored biometric data in the biometric database 220 . the entered biometric data is determined to be invalid at step 214 , the osam 9 will allow successive entries via steps 204 , 206 , 212 up to a predetermined limit ( for example , 3 tries ). if the maximum allowed number of swipes are exceeded at step 214 , the osam 9 indicates at step 216 that invalid biometric data has been exceeded , and the osam module is deactivated at step 218 . at step 212 , when the osam 9 determines that valid biometric data has been entered , it gives an optional indication at step 222 and enables activation of a transaction at step 224 . at step 226 , the activation of the transaction with an external device begins . when the transaction is activated at step 226 , the transaction with the external device begins at step 228 . at the same time the activation of the transaction begins at step 226 , a timer in the osam 9 is started at step 232 . the time measured by the timer is compared to a predetermined time limit at step 234 . if the time limit is exceeded , the transaction is terminated at step 236 . if the time limit is not exceeded , the transaction with the external device is completed at step 228 and the transaction ends at step 230 . fig1 is a flowchart of an alternative preferred embodiment of the invention that uses pin code activation . at step 300 , the user initiates a transaction . at step 302 the user activates the osam 9 by waving it in proximity to an external device . when the osam 9 is activated by a response from the external device , it notifies the user at step 304 . for ease of discussion , a yellow light is used at step 304 to alert the user that the osam is waiting for pin code input . those skilled in the art will realize that while a light is used to indicate that the osam 9 is waiting for pin code input , the user could also be notified in alternative ways , such as audio , or even a display screen on the external device , such as an atm machine . at step 306 , the user enters the pin code data . if an osam 9 is being reset for use or if it is being transferred to a new user , the user will reset the osam 9 at step 308 . at step 310 , if an osam 9 is being initially activated for use , or activated for a new user , the entry of pin code data will initiate enrollment and the pin code data will be recorded in the pin code database 320 . if the osam 9 is not being reset , or if a new enrollment is not being made , the osam 9 will compare the entered pin code data with the stored pin code data in the pin code database 320 . if the entered pin code data is determined to be invalid at step 214 , the osam 9 will allow successive entries via steps 304 , 306 , 312 up to a predetermined limit ( for example , 3 tries ). if the maximum allowed number of pin code entries are exceeded at step 314 , the osam 9 indicates at step 316 that invalid pin code data has been exceeded , and the osam 9 is deactivated at step 318 . at step 312 , when the osam 9 determines that valid pin code data has been entered , it gives an optional indication at step 322 and enables activation of a transaction at step 324 . at step 326 , the activation of the transaction with an external device begins . when the transaction is activated at step 326 , the transaction with the external device begins at step 328 . at the same time the activation of the transaction begins at step 326 , a timer in the osam 9 is started at step 332 . the time measured by the timer is compared to a predetermined time limit at step 334 . if the time limit is exceeded , the transaction is terminated at step 336 . if the time limit is not exceeded , the transaction with the external device is completed at step 328 and the transaction ends at step 330 . depending on the nature of the device that the osam 9 is attached to , the pin code can be entered in any convenient manner . for example , in the case of a cell phone , the data entry keys on the cell phone may be used , etc . likewise , a small keypad can be incorporated into the osam 9 . those skilled in the art will realize that the biometric embodiment , and the pin code embodiment , and be implemented by a single osam device that allows use with a wider variety of external devices . while specific embodiments have been discussed to illustrate the invention , it will be understood by those skilled in the art that variations in the embodiments can be made without departing from the spirit of the invention . the types of devices that can implement the invention can vary , the method of attachment can vary , etc . therefore , the invention shall be limited solely to the scope of the claims .