Banknote Bundling Device Serial Number Verification
Find Innovative SolutionsGenerate Solutions
Solution Overview
Problem
Financial institutions face challenges in adequately handling false claims regarding genuine banknote bundles, particularly due to the proliferation of counterfeit notes and errors in counting, which compromises their credibility.
Innovation Solution
A banknote bundling device that acquires and associates banknote-specific information, such as serial numbers or images, with related information printed on a bundling tape, allowing for verification and validation of the authenticity and quantity of banknotes in a bundle.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If conventional bundling devices only print sequence numbers on bundling tapes, then the device complexity is low and operation is simple, but the ability to verify authenticity and handle false claims is insufficient
Solution Approach 1:
The system performs preliminary acquisition of banknote-specific information (serial numbers, images) and creates related information (bundle IDs, verification data) before the bundling process. This preliminary action enables subsequent verification of authenticity and quantity, allowing financial institutions to handle false claims effectively without adding complex verification equipment at the bundling stage.
Solution Approach 2:
The patent introduces an information management system that acts as an intermediary between the bundling device and verification processes. This intermediary stores and manages banknote-specific information and related information, enabling verification without direct integration of complex verification mechanisms into the bundling device itself.
2Reliability
If banknote-specific information is acquired and stored for each banknote, then verification capability is improved, but the loss of time for information processing increases
Solution Approach 1:
The system acquires banknote-specific information (serial numbers, images) and creates related information during the initial bundling process rather than during verification. This preliminary action eliminates the need for time-consuming information gathering during claim verification, reducing loss of time while maintaining verification capability.
Solution Approach 2:
The system creates copies of banknote-specific information (serial numbers, images) and stores them as related information in the information management system. These copies enable rapid verification without requiring access to the original banknotes or time-consuming re-acquisition of information during verification processes.
3Reliability
If related information is printed on bundling tapes for each bundle, then traceability and verification are improved, but the manufacturing complexity of the bundling process increases
Solution Approach 1:
The bundling tape serves multiple functions: it bundles the banknotes mechanically and simultaneously carries printed related information (bundle ID, sequence number, verification data). This multi-functionality enables traceability and verification without requiring separate tagging or labeling processes, maintaining manufacturing simplicity while improving reliability.
Solution Approach 2:
The patent merges the bundling function and information carrier function into a single bundling tape. The related information is integrated into the tape itself rather than being added through separate processes, simplifying the manufacturing process while enabling traceability and verification.
Data Source
AI summary
A banknote bundling device (3) makes a bundle of banknotes by bundling with a bundling tape one-hundred bundling-object-banknotes of a specific kind from among a plurality of banknotes. The banknote bundling device (3) includes a serial-number identification unit (16) that acquires a serial number for identify the banknote for each banknote, a bundle-ID creating unit (183) that creates a bundle ID associated with the serial number of each banknote of the bundle of banknotes for each bundle of banknotes, and a print control unit (184) that controls a printer (55) to print the bundle ID created by the bundle-ID creating unit (183) on the bundling tape of the bundle of banknotes for each bundle of banknotes. Therefore, a financial institution can adequately handle a false claim regarding a valid bundle of banknotes.