This purse, named iBag, is equipped with diodes connected to GPS, and which start to tinkle as soon as the owner comes to the zone where boutiques simply tempt the customers. If the light alarm is ignored, the purse will automatically send an SMS to the person of a trust, with the warning that the “uncontrollable damage” is about to take place.

The purse is designed to be automatically locked at the periods of day such as lunch break or after leaving the office. Implanted android chip registers each time when the owner takes the wallet.

iBag purse is still in the stage of a prototype, and is mainly intended for female gender, as the researches proved that the women are much more prone to compulsive spending.