AR Investment Visualization with Virtual Replacement Objects

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Solution Overview

Problem

Current technologies lack an effective method for visualizing how changes in investment strategies impact material objects in a user's environment, making it difficult for individuals to understand the practical effects of their financial decisions on everyday items like cars or houses.

Innovation Solution

An augmented reality (AR) device that scans three-dimensional images of real objects, allows users to adjust investment strategies through interactive controls, and projects corresponding replacement objects based on these changes, enabling users to see how their financial decisions affect the type and price of objects they can afford.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Loss of information

If traditional financial visualization methods are used, then users can access investment data, but users cannot effectively understand the practical effects of investment decisions on everyday items

Engineering Contradiction:
ImproveUnderstanding of investment impactVSAvoidComprehension of financial decisions
Core Design Contradiction:
Loss of informationVSEase of operation

Solution Approach 1:

The patent creates virtual copies of real-world objects (cars, houses, boats) and overlays them in the augmented reality environment. These virtual objects represent different investment outcomes and allow users to visually compare what their investments can purchase without needing to understand complex financial data

Inventive Principle:
Principle #26Copying

Solution Approach 2:

The patent transitions investment visualization from traditional two-dimensional screens to three-dimensional augmented reality space. By placing virtual objects in the user's physical environment and allowing spatial manipulation, the system adds a dimensional layer that makes abstract financial concepts concretely visible

Inventive Principle:
Principle #17Another dimension (Dimensionality change)

2Loss of information

If augmented reality visualization is implemented, then users can see tangible representation of investment effects, but device complexity increases

Engineering Contradiction:
ImproveVisualization of investment impactVSAvoidAR system requirements
Core Design Contradiction:
Loss of informationVSDevice complexity

Solution Approach 1:

The patent makes the AR device camera serve multiple functions: it captures the user's physical environment for context, identifies real objects through image recognition, and provides spatial reference for placing virtual objects. This multi-functionality reduces the need for separate specialized components

Inventive Principle:
Principle #6Universality (Multi-functionality)

3Productivity

If real-time investment strategy adjustment is enabled, then users can make informed decisions, but processing requirements increase

Engineering Contradiction:
ImproveDecision-making speedVSAvoidComputational energy consumption
Core Design Contradiction:
ProductivityVSUse of energy by moving object

Solution Approach 1:

The system pre-calculates and stores virtual models of various objects at different price points before the user needs them. When the user adjusts investment parameters, the system simply retrieves and displays the pre-prepared virtual objects that match the new budget, avoiding complex real-time calculations

Inventive Principle:
Principle #10Preliminary action

Data Source

PatentUS11756124B1Visualizing investment changes using augmented reality
Publication Date: 2023.09.12 WELLS FARGO BANK NA
  • US11756124B1 patent drawing
  • US11756124B1 patent drawing
  • US11756124B1 patent drawing

AI summary

A method implemented on an augmented reality (AR) device includes accessing a user's investment strategy and selecting a material object. The material object and investment controls are displayed on a display screen of the AR device. The user alters the investment strategy using the investment controls. Alternative replacement objects are generated based on changes that the user makes to his or her investment strategy. One or more replacement objects are projected onto the display to represent an alternative material object that the user can afford based on the changed investment strategy.