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Armenian company brings the internet of things to fashion

Armenian Mind, a company based in Armenia and known for producing smart wallets, is now looking to expand production to other accessories. The company is currently in negotiations with three major global brands, including French haute couture brands. To this end, engineers from the firm are visiting potential partners to discuss the creation of smart handbags, briefcases and more.

Armenian Mind specializes in producing wallets that have Wi-Fi connections and monitor location information and other data. The company is also constantly working to provide new innovations that will be of value for the world. For example, they are developing a new smart wallet that will be able to have the wallet “read” how much money is inside and inform the wallet’s owner.

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