Digital jewelry consists of various pieces of technology embedded in jewelry items like earrings, necklaces, bracelets, and rings. These pieces work together wirelessly to perform the functions of devices like cell phones. Prototypes include an earring that acts as a speaker, a necklace microphone, and a "magic decoder ring" that flashes notifications. Technical challenges include small displays, charging, and potential health risks from radiation. While providing security and portability, digital jewelry has limitations around usability and cost that must still be addressed.