Pages

Friday, August 14, 2020

Business studies innovation challenge

 Continental Wallet Black Carbon/orange - Dalvey 

The wallet it's a very useful item used for carrying paper currency, coinage, cards and business cards. Today money theft is very easy as most wallets aren't thick enough to block NFC (near field communication) which is what cards use to transfer money. Something that I wish that wallets had were to have its own NFC chip that you can set up that links to your cards account and for security there's an off switch or an NFC blocking panel that can be slid over the NFC chip to block thieves from stealing your money. The wallet is a great product to have as its an easy way to hold on to money and store it securely in your pocket without it just falling out. Removable coin storage because most people don't keep coins on them so why do you need the extra bulk?. Making it bigger could be a possibility because it may have a flashlight, power bank, and or the NFC may need a small button cell battery to keep its memory. if there's a battery then there could even be Bluetooth connection in it.

ideas for Improvement

1. Internal flashlight for finding money more easily.

A disadvantage, you might need to replace the battery often if you use the light a lot. 

2. A knife for self-defence. 

A disadvantage, where would it be stored and with airports it has to be removable 

3. Bluetooth tracker or GPS tracker. 

A disadvantage, the battery would have to be charged and you may leave home without it.   

4. Tile integration for finding it or your phone (link)

A disadvantage, it will cost more. 

5. NFC payment 

A disadvantage. possible NFC theft. 

This wallet or the future has many improvements to the old wallets of today such as smart compatibility with tile integration and NFC payment so you'll never lose your wallet and be able to pay just by tapping your wallet near the receiver, and with NFC blocking materials built into the wallet, your money can't be stolen through your pay wave cards and you'll never be a victim to cred card theft. along with these things, there are more secrets like a small flashlight for finding you money in dark places and a small GPS tracker so if you go missing you'll be able to be found easily.                


  

No comments:

Post a Comment