Apple has been awarded a patent for a cutting-edge smart wallet designed to seamlessly integrate with the iPhone. This smart wallet not only manages physical cards such as IDs and credit cards but also offers advanced features. It detects real-time changes in card status, logs events with timestamps, and effortlessly transmits this information to wireless devices like iPhones. Moreover, the smart wallet boasts an integrated alert system and speaker. If a card is removed for a duration exceeding a predefined threshold, it triggers an alarm to prompt the user. Users can conveniently check card loss information and location via their iPhone, and with a single click, contact the card issuer to suspend or cancel the card, drastically minimizing the risk of fraud.