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Posted On: 02/18/2014 8:54:47 AM
Post# of 89344
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Posted By: Roger Wilco
Re: $MoMoney4me1 #13250
NXTD $4.45 nice article just published!

The Wocket is a new Kind of Digital Wallet

http://techandgadgetnews.com/wocket-new-kind-digital-wallet/


In this day of instant, digital, safe and convenient cash transfers, it’s time to rethink the lowly wallet.

And, a Biometrics company by the name of NXT-ID aims to do just that with a new product they call the Wocket, which will be available some time later this year.

How does it work?



According to the inventors, “Rather than replace a wallet as many ‘digital wallet’ technologies attempt to do, we chose to improve the wallet. Unlike other digital wallet solutions that depend on connectivity to choose a payment account, Wocket does not depend upon the cloud to select or make a payment.”

Huh?


Basically, in laymen’s terms, it’s everything you carry in your wallet right now, except it offers the kind of convenience and security sadly lacking in the leather model of old, all in pin-protected, voice activated, digital encryption.

Which means it’ll hold even more useless business cards.

The brilliant twist behind the new concept is the reprogrammable bank card, which stores all your financial info, loading it up as needed to the included, blank debit card when you’re ready to swipe at the counter.

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