Pledge support. Set a new mobile wallet standard for security, convenience, and affordability! - Think outside the phone!
Ken Mages Founder / CTO
Background
When we started exploring the world of NFC, like many other developers, we were immediately drawn to all the interesting applications it will enable; mobile payments, loyalty marketing, coupons, security access, physical social networking. Then it dawned on us - the paradox of the first fax machine– how long will it take before enough people have NFC enabled phones to make this really interesting? Then we got to thinking… what about the cost of the phone and data plans, security, provisioning of secure elements, and battery life. What would life be like if you lost your mobile phone?Maybe what is needed is an affordable and secure NFC companion device that can work with everyone’s existing mobile phone. A device that application developers like us can use to simplify development, inexpensively test and rapidly bring solutions to market.
The Solution - padloc
Designed to fit on your key ring, the padloc is the ultimate NFC reader/writer that doubles as a secure (bank level) tamperproof device that encrypts and stores all your credit, debit, loyalty cards, user names and passwords, and NFC credentials. Best of all it connects to your phone, PC, Mac or iPad via Bluetooth (or cable). Go ahead and use your favorite wallet on your smartphone – just have it call the padloc for your payment or security credentials.Specifications
- Display - 2 inch LCD with 320x240 dots resolution
- Touch Panel - Resistive
- Operating System - Android 2.1
- Memory - DDR2 256MB
- Battery - Li-ion Rechargeable Battery 3.7V 1200mAh
- MCU - ARM 9 528MHz
The average consumer has an attention span of 8 seconds. We have designed padloc as 1 second device. Fast on, fast on task. A device t that can be used in the world we live in today but also the one that is coming with NFC
Finally, we designed padloc around the realities of life. Things go missing, they get damaged and sometimes they get stolen. Everyone can relate to the hassles of replacing a lost wallet or phone. We are building a companion service for padloc called travelVault that takes the stress out these mishaps. It allows you to fully and securely recover your padloc in a manner of minutes from anywhere in the world via the internet.
$175,000
1/7/12
11:59:59 PM CST
38
72 Backers
$22,280.00
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