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Wallet Loss-Alerting Devices

You Will Never Lose Money with the Wallet TrackR

— November 13, 2012 — Tech
The Wallet TrackR is a new product that is designed to prevent the loss of wallets. By linking via Bluetooth to an iPhone, the Wallet TrackR can send an alert to your phone as soon as you walk away from said wallet. The product itself is a very thin device, which measures the same as a credit card; it fits perfectly into your wallet.

But what happens if you're not paying attention to your phone and you start walking away? Well this device has you covered. The app will take a GPS shot of the last known location of the wallet and tracker. This will help you narrow down the last seen location of the wallet.

For those who are forgetful, the device has you covered as well. There's a button in the app that activates an alarm so you can find the misplaced wallet. While the prototype has not gone into mass production yet, the company is hoping to receive funding to mass produce the Wallet TrackR.
Trend Themes
1. Anti-theft Devices - Opportunity for businesses to develop advanced alert systems for tracking and preventing the loss of valuable items through GPS or Bluetooth technology.
2. Smart Wallets - Opportunity for businesses to integrate tracking and anti-theft features into wallets with advanced technology for increased security and easy tracking.
3. Connected Devices - Opportunity for businesses to create and market devices that are connected to smartphones, making it easier for users to keep track of their personal items through real-time notifications and GPS tracking.
Industry Implications
1. Consumer Electronics - Consumer electronics companies can incorporate anti-theft features into their products, such as phones and laptops, to enhance security and offer added value to customers.
2. Finance - Opportunity for financial institutions to create smart wallets that use advanced technology to keep track of spending, prevent fraud, and offer customers an extra layer of security for their funds.
3. Retail - Retailers can offer customers anti-theft devices and smart wallets to enhance the shopping experience, build customer loyalty, and increase sales.
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