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The Wocket

The Housing Hour February 5, 2014

The World of Wallets is about to change!

The Wocket

Special Guest: David Tunnell, co-founder and chief architect

The world of wallets is about to change. New exciting technologies are making payments easier than ever. However, many credit card holders either do not possess a smartphone or will be reluctant to use their smartphone for mobile payments due to a variety of reasons.

Rather than depend on a potentially unreliable cell phone, NXT-ID introduces a truly next generation digital wallet: the wocket™. This unique technology takes a very different approach: Instead of replacing the wallet, we are improving it! Our innovative wocket™ reduces the number of cards in your wallet while supporting virtually every payment method currently available at Point-of-Sale (POS) at retailers around the world including magnetic stripe, EMV/NFC and barcode…all within a secure vault within your wallet.

Now you can use the wallet you know and love, but with the wocket™ advanced secure electronic wallet technology from NXT-ID.

MobileBio™ wocket™

David Tunnell Bio:

David Tunnell is an expert in biometrics, secure communications, and wearable technologies.  With over 29 years of experience in building technologies and companies, Mr. Tunnell’s experience spans computer security (COMSEC), signal intelligence (SIGINT), communications intelligence (COMINT), and image intelligence (IMINT).  An advocate of privacy and co-founder of NXT-ID, Inc., an early stage technology company, Mr. Tunnell is leading NXT’s efforts to redefine how private information is protected within mobile applications.  As the chief architect of the Wocket™ smart wallet, Mr. Tunnell is focused on developing technologies with high potential to disrupt industries such as the mobile payment industry with innovative methods that protect privacy.
Mr. Tunnell’s accomplishments include the Technology of the Year award from Frost & Sullivan for biometrics in 2006 and inventor of a Top Ten Invention for the US Army in 2004.  Blessed to work with some of the most inventive engineers and scientists, Mr. Tunnell has pioneered a number of technologies including remote distributed sensing and processing, 3D facial recognition and imaging, 3D fingerprint, voice recognition, dynamic biometric-enabled authentication and encryption key generation, and miniature, low-power wearable technologies.

Mr. Tunnell brings a wealth of product development and product marketing experience to NXT-ID, Inc.  He was the divisional director of 3D identification products at Technest Holdings Inc. from 2003 to 2012.  Prior to Technest, he served as an adjunct faculty teaching various advanced technology courses at the National Cryptologic School while working with various intelligence agencies and later at L3 Communications where he served as Director of Engineering for a subsidiary.  He has also served as the Principle Investigator for numerous research programs with the United States Department of Defense (DoD).  Mr. Tunnell holds a Masters in Technical Management (MSTM) from Johns Hopkins University and a BSEE from the University of Tennessee.

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