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Microcap & Penny Stocks : NXT-ID, Inc.

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From: roger wilco5/29/2014 12:15:00 PM
   of 109
 
High-tech Wocket smart wallet revealed as latest weapon against identity theft


nydailynews.com

The Wocket, which stores up to 10,000 credit cards, can only be activated with voice recognition, a PIN or a shape drawn on a touch pad, having it impossible for thieves to crack.

Read more: nydailynews.com

A high-tech wallet that stores up to 10,000 credit cards was touted Wednesday as the latest weapon against identity theft.

NXT-ID unveiled its $149.99 Wocket at a lavish, open-bar press conference at The Plaza hotel.

Slightly smaller than an iPhone, the Wocket is an encryptic, tamper-proof gizmo that can only be activated with voice recognition, a personal identification number or a shape drawn on a touch pad.

If it’s ever stolen, thieves will find it impossible to crack, said Gino Pereira, the CEO of Shelton, Conn.-based NXT-ID.

The device contains a single card for merchants to swipe after owners select a credit card, coupon or gift certificate.

“It’s the smartest wallet you will ever own,” Pereira said. “We think this is the evolution of smart. First there was smart watches, then smart phones and now a smart wallet.”

Read more: nydailynews.com

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