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iWallet Corporation (OTC PINK:IWAL) has announced iClutch, a smart wallet specifically designed for women, featuring biometric fingerprint locking, RFID protection, and Bluetooth GPS tracking. The product combines titanium construction with premium leather and includes a vanity mirror in its clutch-style design.
The company aims to address a significant market gap, as the smart wallet market is projected to reach $550 million by 2033 with a 6.9% CAGR, while the broader physical wallets market is expected to grow from $24.50 billion in 2024 to $42.0 billion by 2033. Currently, men dominate the consumer base at 65.4%. The Smart Personal Safety and Security Device Market is forecasted to expand from $41.03 billion in 2024 to $74.83 billion by 2032.
iWallet has adjusted its development timeline, with final prototypes for iWallet 2.0, iPassport, and iClutch scheduled for completion by end of June 2025.
iWallet (OTC PINK:IWAL) has launched its official website www.iwal.tech, marking a significant step in establishing its brand presence. The website showcases the company's next-generation security-oriented personal accessories, including:
- iWallet 2.0 and iPassport products featuring aerospace-grade titanium
- Advanced security features including biometric fingerprint authentication
- Bluetooth tracking capabilities
- RFID protection technology
The platform serves as a communication hub, providing shareholders and the public with detailed product specifications, visual representations, business model information, strategic plans, and corporate updates as the company moves toward product commercialization.
iWallet (IWAL) has achieved a significant milestone with its final production prototypes of iWallet 2.0 and iPassport scheduled for completion by Q2 2025. Both products showcase premium security features and aerospace-grade titanium construction.
The iWallet 2.0 features biometric fingerprint authentication, Bluetooth tracking, and RFID-blocking technology for up to eight cards. The iPassport, designed for global travelers, offers similar security features for passports and travel documents.
The company's engineering team includes former professionals from Apple, Beats by Dre, and Motorola, with experience in iPad camera design and Beats project management. Manufacturing utilizes specialized laser-cutting techniques through a partner that produces titanium parts for premium smartphones.
CEO Steven Cabouli emphasized the products' fusion of design, security, and functionality. The company plans to launch a new website featuring product showcases and investor resources.
iWallet (IWAL) has achieved a significant milestone with its final production prototypes of iWallet 2.0 and iPassport scheduled for completion by Q2 2025. The new products feature aerospace-grade titanium construction, advanced biometric fingerprint authentication, Bluetooth tracking, and RFID-blocking technology.
The iWallet 2.0 offers storage for up to eight credit cards in a sleek, lightweight design, while the iPassport provides secure storage for travel documents. The company's engineering team includes former employees from Apple, Beats by Dre, and Motorola, with manufacturing handled by a partner specializing in titanium parts for premium smartphones.
The company has also completed its investor presentation, which will be available on their upcoming website alongside product showcases and investor resources.