Connected Objects
Self-charging Woolet prevents you from losing your wallet

While misplacing a wallet at home is a major inconvenience, losing a wallet in a public place can be a major cause for alarm, especially if it houses credit cards and lots of cash.

The Bluetooth-enabled Woolet is a smart wallet which aims to prevent this type of problem. Woolet notifies its owner when a wallet is misplaced or lost. Woolet is currently Android and iOS compatible, and its makers have plans to perhaps support Windows Phone devices later on down the line.

When in use, Woolet is able to show users where their wallet is within 1.3 feet. Like the similarly designed Where’s Wallet, Woolet can also notify users when they’re separated from their wallet beyond a pre-specified distance. Woolet costs $99 and is slated to ship in May provided its goal of $15,000 can be met by April 2.

Despite an increasingly crowded market for similar products, Woolet holds a lot of promise. One feature that gives it an edge over rival products is that it’s self-charging, which is to say that no battery replacement is needed. Woolet charges itself through a process called electricity harvesting, meaning that when the beacon senses movement, kinetic energy is activated, subsequently building an electrical charge. Notably, its maker is also testing recharging by movement and body heat. Woolet’s makers plan to update Kickstarter backers once a final implementation method is chosen.

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