Thursday, May 12, 2016

Smart Wallet with built-in fingerprint scanner – Cashew

Two Indian Entrepreneurs (Shruthi Gilla and Sunny Malhotra) founded Revol Inc., a startup based out of California, US in March, 2015. After almost an year of brainstorming, prototyping and testing, Revol launched their first flagship product "Cashew" on Kickstarter and is currently available to pre-order. 

Cashew smart wallet’s kickstarter campaign started on May 4th with a funding goal of $40,000. If they reach their funding goal by June 3rd, they are good to go with first batch of production.  Till now 225 backers pledged $28,183 for their project.  

If you want this product to come to life, back this project on kickstarter today. 

Cashew is World's first Wallet, designed in California, with a fingerprint reader to ensure only you have access to your wallet and is always connected to your smartphone using Bluetooth to ensure your wallet is always by your side.


Features of Cashew

Fingerprint authentication: Have exclusive access to your Wallet and never be worried about any missing cash or cards from your Wallet. Store upto 20 fingerprints and share your wallet with your family too.

Integrated Bluetooth: The Wallet connects to your smart phone using Bluetooth and your phone alerts you every time you forget your wallet behind. Also, don't remember the last location of your wallet? The free mobile app records its location. Peace of mind is a choice you make!

Crowd Source GPS technology: Incase of loss or theft of your Cashew, mark your Wallet as lost on the app. This puts all our Cashew users on a lookout for your Wallet. Once your wallet is found, you will securely receive a notification on your wallets whereabouts!

Electronic latch: This locks the wallet and will only unlock on fingerprint recognition (biometric authentication) of the owner. Unauthorized users will be locked out immediately. Incase someone tries to tamper with the latch, a notification is sent immediately to your phone.

Buzzer: Every time you can't find your Wallet, be it under a car seat or under a pile of clothes, use the "Buzz my Cashew" feature on the app. This makes your wallet ring and just follow the sound to find your misplaced Wallet.

Rechargeable Battery: The coolest part? Cashew lasts upto 9 months without charging. Cashew can be fast-charged with the battery charger unit that comes along with Cashew.

Watch the below video to know, how it works

    


About Kickstarter:

Kickstarter is a funding platform for creative projects. 

A project is a finite work with a clear goal that you’d like to bring to life.

The funding goal is the amount of money that a creator needs to complete their project.

Funding on Kickstarter is all-or-nothing. No one will be charged for a pledge towards a project unless it reaches its funding goal. This way, creators always have the budget they scoped out before moving forward.

A creator is the person or team behind the project idea, working to bring it to life.

Backers are folks who pledge money to join creators in bringing projects to life.