I am currently working on a small project and was looking for some direction. I am not new to development or engineering, but would just like the opinions of fellow developers.
I am trying to create a simple wristband which implements a small NFC reader module with a Bluetooth 4.0 module for relaying the NFC information back to a smartphone for processing and running simple tasks.

In your opinion what would be the most effective route to take to implement this into a wristband or wearable?