About this project
Evolution, of course, is not something that simply applies to life on Earth. It applies to the whole Universe! Then why do we still use our bulky traditional wallets that we have been using for centuries? Why are our Wallets still vulnerable to theft and why can our Wallets be just simply opened by anyone?
Imagine a wonderland, where you have Wallets that only YOU have access to. And a Wallet, that NEVER leaves your side.
Cashew is World's first Wallet, designed in California, with a fingerprint reader to ensure only you have access to your wallet and is always connected to your smartphone using Bluetooth to ensure your wallet is always by your side. No more misplaced cards, cash or IDs again. This product with cutting-edge technology and unparalleled design is a Smart Wallet you've been searching for.
WHAT DIFFERENTIATES US FROM OTHERS?
No other wallet in the market has been able to combine three features - Biometric Finger Authentication, Bluetooth Connectivity and Crowdsource GPS. All Smart Wallets out there in the market are like traditional wallets - you can open them even if its not yours. They don't prevent the first and foremost important part of securing the wallet, which is ACCESS. We restrict the access to only you and your loved ones. Cashew not only reminds and protects you from loss of your Wallet but also protects you from Identity Theft!
- Fingerprint authentication: Have exclusive access to your Wallet and never be worried about any missing cash or cards from your Wallet. Store upto 20 fingerprints and share your wallet with your family too.
- Integrated Bluetooth: The Wallet connects to your smart phone using Bluetooth and your phone alerts you every time you forget your wallet behind. Also, don't remember the last location of your wallet? The free mobile app records its location. Peace of mind is a choice you make!
- Crowd Source GPS technology: Incase of loss or theft of your Cashew, mark your Wallet as lost on the app. This puts all our Cashew users on a lookout for your Wallet. Once your wallet is found, you will securely receive a notification on your wallets whereabouts!
- Electronic latch: This locks the wallet and will only unlock on fingerprint recognition (biometric authentication) of the owner. Unauthorized users will be locked out immediately. Incase someone tries to tamper with the latch, a notification is sent immediately to your phone.
- Buzzer: Every time you can't find your Wallet, be it under a car seat or under a pile of clothes, use the "Buzz my Cashew" feature on the app. This makes your wallet ring and just follow the sound to find your misplaced Wallet.
- Specially Designed Interiors: Currently, the interiors of the Wallet is still work in progress. From our first initial renders and prototyping, interiors of the wallet are designed to hold 30 currency notes and 8 cards (The interiors are made using a specially designed stretch polycarbonate to simulate the traditional wallet. Which means there are 6 dedicated slots for cards but you can also squeeze in another 2 cards in the Cash Slot without effecting the closing of the wallet). The Cashew is not designed to hold coins but you can definitely use one of the card slots if needed
- Rechargeable Battery: The coolest part? Cashew lasts upto 9 months without charging. Cashew can be fast-charged with the battery charger unit that comes along with Cashew.
From drawing and brainstorming on papers to whiteboards to making a prototype of Cashew, it has been an amazing journey to ensure our customers get the best SMART WALLET solution with the most superior quality. This is one of the nostalgic moments we had in our small office space brainstorming on the electronics for the Cashew Wallet.
"Design can be art. Design can be aesthetics. Design is so simple, and that's why it is so complicated"
We've spent endless hours working with our Product design ninjas and Material designing teams to ensure we bring a global design that not only focuses on aesthetics but also on usability and accessibility.
After filing our initial patents in April 2015 for our Smart Wallet System, we filed PCT in April 2016 which seeks protection in 148 Countries throughout the world.
It is time to UNLOCK our First Stretch Goal - RFID blocker at $60,000. All our Cashew backers will be upgraded automatically to this feature as soon as we hit our stretch goal.
We will unlock 2 other color options at $80,000. How do YOU chose the color? We will send out surveys to chose from a list of colors and the top voted colors gets picked up. After which, you will be able to decide which of the 3 colors you would want to chose.
We are a highly focused and dedicated team working hard round the clock to get this product to life.
- Sunny Malhotra - Co-Founder and CEO - 8+ years of diverse experience across IT software, Product Development, Security Consulting & Marketing. Previously worked with Facebook and holds a strong vision to guide this product to a reality.
- Shruthi Gilla - Co-Founder and COO - Has 8+ years of experience in Technology Consulting and Project Management. Previously worked with Deloitte Consulting and has an amazing track record with her clients.
- Dhananjay Kulkarni - Electronics Lead - Has 30 years’ experience in Electronics, Cloud and Embedded applications, Data Analytics, Product Development and Design Services. He has shown unparalleled experience and was involved with more than 20 product launches globally.
- Sandeep Malireddy - Sr. Visual & Interactive Designer - Has 8+ years experience in Web & App UI/UX design and involved in various projects around the bay. A design ninja with eye for simplicity and usability.
- Villa Shekhar - Creative Brand Manager - Has a vast experience in Creative Design trends and marketing strategies. Previously worked with ITC Ltd. and currently working with some of the top fortune 500 companies of USA.
- Nithin Anthony - Product Designer - Award winning Product and Environment Designer with vast experienced in Consumer pProduct Design. Previously lead Product Design Division at Lucid Designs.
Cashew is a product of Revol Inc, USA
Risks and challenges
Our team is obsessed with high quality for the product and is driven to over perform. We have designed Cashew and engineered it’s components to make it simple and easy to use. Our challenges could be bi-fold:
1. Manufacturing: We understand the most important part of our campaign is to fulfil our promise to you by delivering your smart wallet on time. Large scale manufacturing comes with its own challenges and we as a team are ready to take them up with full steam. Of course, we will keep you informed of our every step along the way!
2. Design: We have designed Cashew to be first of its own kind. We've worked through many issues before with unpredictable challenges and don't plan on stopping if we hit a road bump. We want to establish a good communication channel with all the updates to keep our backers informed.
Support this project
- (30 days)