The 'Cashew' Smart Wallet Opens Only to Your Unique Fingerprint
Michael Hemsworth — May 6, 2016 — Tech
References: kickstarter & geeky-gadgets
When it comes to security, fingerprint authentication is leading the way in the industry with everything from smartphones, to computers incorporating it with the 'Cashew' Smart Wallet being the latest product to do so.
Currently funding on Kickstarter, the 'Cashew' Smart Wallet works by allowing owners to set their unique fingerprint and open only if it is detected. Up to 20 different prints can be stored to allow family or friends access, if desired.
Aside from featuring fingerprint authentication, the 'Cashew' Smart Wallet is, naturally, a connected device that can be located with your smartphone and even buzzed. The internal rechargeable battery can last up to nine months on a single charge before needing to be powered up.
If tampering is detected by the 'Cashew' Smart Wallet, it will lock out the user and automatically send you a notification.
Currently funding on Kickstarter, the 'Cashew' Smart Wallet works by allowing owners to set their unique fingerprint and open only if it is detected. Up to 20 different prints can be stored to allow family or friends access, if desired.
Aside from featuring fingerprint authentication, the 'Cashew' Smart Wallet is, naturally, a connected device that can be located with your smartphone and even buzzed. The internal rechargeable battery can last up to nine months on a single charge before needing to be powered up.
If tampering is detected by the 'Cashew' Smart Wallet, it will lock out the user and automatically send you a notification.
Trend Themes
1. Fingerprint Authentication - Disruptive innovation opportunity: Explore incorporating fingerprint authentication into other personal and financial security devices like safes or door locks.
2. Connected Devices - Disruptive innovation opportunity: Develop connected devices that can be located and controlled through smartphones, expanding the possibilities of IoT.
3. Tamper Detection - Disruptive innovation opportunity: Create tamper detection solutions for other valuable items, such as jewelry or high-end electronics, to enhance security.
Industry Implications
1. Personal Security - Disruptive innovation opportunity: Apply fingerprint authentication technology to personal security systems, such as alarms or surveillance cameras.
2. Smart Devices - Disruptive innovation opportunity: Incorporate fingerprint authentication into a wide range of smart devices, including smart home products or wearable tech.
3. Finance and Payment - Disruptive innovation opportunity: Integrate fingerprint authentication into payment systems, enabling secure and convenient transactions without the need for physical cards or passwords.
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