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Phase 2 objective is to enhance technology to commence commercialisation discussions.
WBT’s commercialisation strategy recognises 2 inter-related market segments:
-> Primary (OEM/systems integrator) market segment including Platform/device
vendors, Mobile device management vendors, Defence and physical security
contractors.
-> Secondary (end user) market segment including Banking, Telecommunications,Electricity, gas, water and waste services, Manufacturing (chemicals, pharmaceuticals, petroleum), Mining, Defence, Law enforcement, Corrective services, Border protection, Health, Transport, postal and warehousing.
Two product offerings/deployment modes:
-> Static mode for medium/high security low traffic facilities aircraft vessels plant Static mode for medium/high security, low traffic facilities, aircraft, vessels, plant,
weapons systems.
-> Mobile mode for dedicated use by individuals to authenticate their identities for
banking, B2B and B2C commerce, law enforcement, border control, patient/doctor interactions
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Thinking, the static mode might have been completed and tested successfully. The commercialisation talks with military/defence is what could be happening now. This could be related to 2/4 of the tests that have been completed successfully. Testing for mobile mode might be still under way.
Either way, looking at the number of market segments this product clearly has a whopping potential and set for a new revolution in biometric security space.
IMO. DYOR.
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