Andrew Royce Bauer with The Royce® Freedom WalletHave you heard the latest way identity thieves are gaining access to your data? RFID readers.

What’s this fresh hell? And how does this wallet stop it?

RFID, or Radio-Frequency Identification, “commonly involves the use of microchips that contain sensitive financial and personal data that are embedded within passports, credit cards, debit cards, corporate identification cards, student ID cards, and even driver licenses.

While carrying any of these items with you, anyone nearby with inexpensive RFID-reading equipment can identify and copy all of the information carried on these microchips. The unsuspecting individual will not even know that his/her identity and information has been stolen.”

So what can you do?

There’s a new good guy gadget headed your way: The Royce Freedom Wallet. It offers RFID blocking (and GPS) technology. The GPS Tracking Technology is from a high-tech mobile application available for iOS and Android.

Calling it the first of its kind, this anti-theft wallet sets to meet the rapidly growing demand for Wearable Technologies and protect your patootie from identity theft.

“Credit Suisse released a report in May of 2013 projecting the $3 to $5 billion dollar market sector of Wearable Technologies to reach a growth of $30 to $50 billion dollars within the next two to three years.” And we know the wearable tech market is certainly heating up – particularly of late!

We asked the wallet’s creator, Andrew Royce Bauer, CEO of Royce (pictured above with his product), a few questions about this nifty item.

Q: Why are you calling it “The Freedom Wallet?”

A: I call it The Royce Freedom Wallet because I want people to have The Freedom of Sight (GPS Technology), The Freedom of Security (RFID Blocking Technology), and the Freedom of Style (luxurious Top Grain Nappa Leather).

Q: In this time of NSA/big brother over-awareness, should consumers worry that the GPS data could potentially be misused?

A: The Royce Freedom Wallet inherently prevents the misuse of data with the RFID Blocking Technology that is sewn inside the wallet. With this technology, nobody can steal your Social Security Numbers, Credit Card Numbers, or Debit Card Numbers.

The GPS Tracking Technology is through a free, downloadable mobile application by my development team in Silicon Valley. They are some of the most intelligent technicians in our country, and they have ensured that user privacy is 100% secure.

Q: Will this be a hot seller?

A: I am very confident based on the year and a half I spent developing this innovative product that it will protect people from the crimes that plague our world–most notably the crime of identity fraud. Once every three seconds, there is a victim of identity fraud. It is a stress relief, a time relief, and a financial relief to know you will never lose your valuables again.

We’ll take that as a yes.

Ready for freedom? The wallet will be in stores in the UK, Canada and the U.S. on November 29th, 2013. Or you can find it here - where it’s available in limited quantities for both men and women.