SHELTON, CT - October 21, 2013 (Investorideas.com biometrics/ defense stocks newswire) NXT-ID Inc. (OTCQB: NXTD), a biometrics company focused on the growing mobile commerce market, announced today that it has submitted a patent application for its unique digital wallet technology. As a follow up to U.S. provisional patent application No. 61/710,826, NXT-ID has filed patent application 14/049175 for a:
METHOD FOR REPLACING TRADITIONAL PAYMENT AND IDENTITY MANAGEMENT SYSTEMS AND COMPONENTS TO PROVIDE ADDITIONAL SECURITY AND A DEVICE IMPLEMENTING SAID METHOD.
This patent forms the basis for NXT-ID's widely anticipated next generation payment and identity product -- the Wocket™.
- Published: 20 October 2013
- Written by Investor Ideas