Context

Describe what informed your ideas and your outcome? How does your outcome relate to other work in the field? What are the precedent projects?

Our project is a synthesis of two main ideas: the convenience of IoT devices - in this case, making saving easier using an age-old icon, the piggy bank, and secondly, showcasing the inherent risks of making private information public. Credit/Debit card technology is highly fortified against breach. Customization of this technology to accommodate the social media craze sidesteps safety features and thus exposes the card owner to financial loss or at the least, embarrassment. We looked at the possibility of a scammer using the Posting Piggy Bank's post as a way to add credibility to phishing emails but this product could be used in less nefarious ways that still could cause embarrassment. Our original example was a person cyber-stalking you before going out on a date. While you might think your postings are showing responsibility to others it may show you financial status and cause unfair judgements. What if the person cyber-stalking you decided that, based off of your Piggy Bank post, you aren't making enough money. While this person may not be someone you want to date and regardless of whether it is true or not, this could cause some embarrassment.

One precedent project is the Credit Card Piggy Bank, one of 5 nominees for the European Henkel Design Award in 2007 http://newlaunches.com/archives/credit_card_piggy_bank_with_bluetooth_gets_your_piggy_bank_days_back.php The Credit Card Piggy Bank was equipped with a credit card reader linked by BlueTooth technology to a software program on computer. When a card was swiped in the piggy bank, funds were transferred to the Savings Account of the Piggy Bank owner.