Half of Silicon Valley may be bidding to make it a relic of the past, but the old fashioned leather wallet is getting a new lease of life through a high-tech makeover.
Startup StreetSmart has launched an Indiegogo campaign for its SmartWallet with built-in Bluetooth Low Energy locator, USB sync cable and backup battery station.
The BLE locator pairs with a user's smartphone and when the two are out of range saves the last known GPS location and sends a text message. If the phone is lost, the user can sign in to the SmartWallet app on another device and retrieve the location information and press a button on the wallet to ring it.
The 60 day Indiegogo campaign aims to raise $10,000 for the wallet, which is slated to ship in March, with an early bird price-tag of $75.