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Iphone Collection Of Biometric Identification Essay

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1) Introduction/Background: NXT-ID ’s aim is to provide innovative solutions in growing mobile commerce market, launching its innovative MobileBio collection of biometric solutions that secure consumers’ mobile platforms. With extensive experience in Biometric Identity Verification, Security and Privacy Encryption and Data Protection, Payments, Miniaturization and Sensor technologies. Our new project is called Smart Wallet, this product is designed to serve two main segments of the society who are the elderly and the blind people. 2) Objectives of the project: To serve the community, as the elderly and the blind represent a large segment of society by facilitate their lives and reduce their dependence on others, this wallet is able to read and calculate the amount of money and deliver the information audible. In addition, we seek to make the product available to all strata of society through its appropriate price. 3) Current situation and problem/opportunity Statement: Nowadays, so many high-end brands are coming up with new wallets with many features; lightweight, many compartments… etc. However, companies are more toward targeting a big number of customers. People with special needs such as blind or illiterate can have a customized wallet that could provide more suitable features for them. The main problem in the market we wish to fill is the availability; so many blind and illiterate people are struggling in reading the amount of the bill and then they end up by being

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