Wearable electronic devices and mobile transactions and/or actions

A system for conducting mobile transaction(s) and/or action(s) on electronic wearable devices comprising:

• at least one electronic wearable device;
• and
• an application server;
• wherein each of the at least one electronic wearable device comprises a wearable and a base device;
• wherein the wearable comprises connective hardware components and associated firmware and software for connecting via a wired connection and/or a wireless connection to the base device;
• wherein the wearable comprises at least the following two types of functional components:
• a dedicated communication component and at least one dedicated activatable component;
• wherein the dedicated communication component is operable to establish communication with the application server;
• wherein the at least one dedicated activatable component is dedicated to at least one good or service, and is activatable by a user when the communication is established between the at least one electronic wearable device and the application server;
• wherein activation of the at least one dedicated activatable component initiates transaction(s) and/or action(s) for the at least one good or service on the application server in a secure, user-authorized manner without requiring additional user action;
• thereby providing a system for conducting transaction(s) and/or action(s) on electronic wearable devices.