Dr. Seuss’ “There’s a Wocket in My Pocket!” is about to come true! But instead of a little creature, it’s going to be an electronic wallet. Yup, the age of electronic wallets is officially here. First there was the Coin, now the Wocket by NXT-ID wants to replace all your credit cards. Scheduled to launch early 2014, The Wocket works anywhere a credit card is taken. As a biometrics company, NXT-ID has made it where you use your biometric stamp of approval for authorization that’s both user friendly and practically impossible to hack. Their biometric system uses a variety of attributes that are unique to each user like face, voice, fingerprint and retina with multiple attributes that are unique to other identifiable features, such as devices and accounts, to form an impenetrable security solution. This eliminates the need for the traditional user/password structure.
Your security is never compromised since it uses no personal information on its magnetic strop so the risk of fraud is reduced. It can hold about 100 cards, coupons, gift cards, etc. It can even hold medical records, IDs, rewards/loyalty cards and many more. Card info is erased after every transaction, too. The card reader plugs in directly to the Wocket and it fathers replaceable CR batteries in the Wocket with unlimited battery life via the in-wallet charging of the dynamic card. More info on how to pre-order yours on their site!