Mobile Commerce Technology Includes Biometric Multi-Factor Authentication SHELTON, CT, Oct 21, 2013 (Marketwired via COMTEX) — 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(TM).
http://www.publicwire.com/2013/10/21/nxtd-nxt-id-inc-files-patent-for-digital-wallet-technology-the-wockettm/
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