Banknote Deposit Machine Cloud Authentication

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Solution Overview

Problem

Existing banknote deposit machines cannot distinguish between stolen and legitimate banknotes, allowing criminal activities such as theft and extortion to go undetected.

Innovation Solution

Integration of a camera system within the banknote deposit machine that photographs and analyzes banknotes, comparing serial numbers with a cloud storage system to identify stolen or counterfeit notes, thereby preventing their use in transactions.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Reliability

If traditional banknote deposit machines are used, then deposit transactions can be processed, but stolen or counterfeit banknotes cannot be detected

Engineering Contradiction:
Improvedetection accuracyVSAvoidsystem complexity
Core Design Contradiction:
ReliabilityVSDevice complexity

Solution Approach 1:

The patent combines the banknote deposit machine with a camera system and database connectivity to create an integrated authentication system. The camera captures images of deposited banknotes, which are then analyzed against serial numbers stored in a centralized database, merging deposit functionality with authentication capabilities in a single system.

Inventive Principle:
Principle #5Merging (Combining)

Solution Approach 2:

The patent introduces a camera system as an intermediary component between the banknote deposit mechanism and the authentication system. The camera captures images that serve as the basis for serial number extraction and database comparison, acting as a mediator that enables detection without requiring direct physical inspection of the banknotes.

Inventive Principle:
Principle #24Intermediary (Mediator)

2Reliability

If camera systems and database connections are integrated, then stolen banknotes can be identified, but transaction processing time increases

Engineering Contradiction:
Improvesecurity verificationVSAvoidtransaction duration
Core Design Contradiction:
ReliabilityVSLoss of time

Solution Approach 1:

The system performs preliminary actions by pre-storing serial numbers of stolen or counterfeit banknotes in a centralized database before transactions occur. When banknotes are deposited, the camera quickly captures images and extracts serial numbers for immediate comparison against the pre-prepared database, eliminating the need for complex real-time analysis.

Inventive Principle:
Principle #10Preliminary action

Solution Approach 2:

The patent replaces manual or mechanical inspection methods with automated optical recognition and digital database comparison. The camera system and automated serial number extraction replace traditional physical examination procedures, significantly reducing the time required for authentication while maintaining or improving accuracy.

Inventive Principle:
Principle #28Mechanics substitution (Replace mechanical system)

3Reliability

If only forged banknotes can be detected, then counterfeit money can be identified, but stolen legitimate banknotes cannot be detected

Engineering Contradiction:
Improvemoney authenticity detectionVSAvoidbanknote origin information
Core Design Contradiction:
ReliabilityVSLoss of information

Solution Approach 1:

The patent creates a universal detection system that serves multiple functions: detecting counterfeit banknotes, identifying stolen legitimate banknotes, and tracking money flow. The centralized database stores serial numbers for all banknotes, enabling the system to verify both authenticity and ownership status through a single multi-functional platform.

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

Solution Approach 2:

The system implements feedback mechanisms where the database continuously updates with information about stolen or counterfeit banknotes. When a banknote is identified as problematic, its serial number is added to the database, and this information feeds back into the authentication system to prevent future acceptance of the same banknote, creating a learning and improving system.

Inventive Principle:
Principle #23Feedback

Data Source

PatentUS11704670B2Banknote deposit machine
Publication Date: 2023.07.18 ELEPHANT & CASTLE IP GMBH
  • US11704670B2 patent drawing

AI summary

A banknote deposit machine is able to receive banknotes, preferably so as to make a payment, wherein the banknote machine is permanently connected via a data link to a (cloud) storage system, or is designed to establish a temporary data link with the (cloud) storage system. Banknote data, such as image data or serial number data, etc., specifically of banknotes which are considered stolen or which were handed over as a result of a crime, for example as a ransom, are stored in the (cloud) storage system. Whenever the banknote deposit machine receives a banknote whose identification appears suspicious, for example because the banknote has a serial number that is stored in the (cloud) storage system, feedback is sent to the operator of the banknote machine and/or the payment transaction is terminated and/or an appropriate institution or authority, for example the police or a security service, is automatically informed.