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RFID-blocking technology will protect your cards from skimming

Learn about skimming and the consequences of being robbed, and how to prevent it from happening to you with help from RFID-blocking technology.  The modern world has created a modern crime. Apart from “classic” cases of pick-pocketing and stealing unattended bags, we can now be a victim of a digital theft called skimming. Basically, someone standing next to you in a shop queue or sitting next to you on the bus to work can steal your money or identity.   What is skimming? It’s a digital crime: Using a skimming device, thieves can scan debit or credit cards, passports, IDs, drivers licences and other RFID-based smart items, and acquire information such as personal details and money. There are many types...

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Introducing: Woolet Smart RFID

The Woolet ecosystem gained a new family member: Woolet Smart RFID. Learn more about it!   Have you heard about skimming? It’s a digital crime of getting private information about somebody else’s cards or IDs by using a small device. That way skimmers can not only steal your money, but also your identity. This can have horrible consequences in the future; your personal data may be used for creating fake ID, getting an insane loan from the bank or be used in other illegal activities. The worst thing is, you’ll never know that happened, until you check your account balance or Police knock at your door. You can become a victim of skimming everywhere: in the streets, shops, gas stations,...

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Why disrupt the wallet now?

The Wallet has been around for centuries, as a fashion item and means to carry cash, cards, and other essentials. It has barely changed for hundreds of years, until now. Apart from the addition of multiple card slots, the wallet hasn’t changed much in centuries since the start of the circulation of paper currency in seventeenth century Europe. The Massachusetts Bay Colony then introduced the wallet to North America in 1690, so that the colonies could claim to be as fashionable as civilised society back in London and the old world capitals. The most common kinds of wallets are Bi-folds (cash is folded once) and Tri-folds, which allow for the storage of even more cards. They’re made of leather or...

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