Banknote Storage Device with Real-Time Identification and Segmentation

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Solution Overview

Problem

Conventional medium storage devices face challenges in selectively replenishing specific types of banknotes and managing their quantities in real-time, especially when the management company is far away from the automated teller machine, leading to inefficiencies in replenishing or depleting the correct types and numbers of banknotes.

Innovation Solution

A medium storage device with a housing frame, identification unit, temporary holding unit, recycle cassette, and control unit that conveys and identifies banknotes, allowing for the replenishment of required types and numbers from a transit cassette while transferring unnecessary banknotes back to the cassette, enabling real-time management and recovery of banknotes.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Adaptability or versatility

If conventional medium storage devices store various types of banknotes in a transit cassette, then the device can hold multiple types of mediums, but it becomes difficult to selectively take out only specific types and desired numbers of banknotes that need replenishment

Engineering Contradiction:
Improveability to store various types of banknotesVSAvoiddifficulty to selectively take out specific types and numbers of banknotes
Core Design Contradiction:
Adaptability or versatilityVSEase of operation

Solution Approach 1:

The device segments the transit cassette into multiple virtual or physical compartments based on banknote types. The control unit divides the mixed banknotes into separate groups, allowing selective access to specific types and quantities without manual sorting, thus resolving the contradiction between storing various types and enabling easy selective withdrawal.

Inventive Principle:
Principle #1Segmentation

Solution Approach 2:

The device performs automatic identification and sorting of banknote types through the identification unit and control unit. The system autonomously selects and dispenses the required type and number of banknotes without human intervention, making the operation easy while maintaining the ability to store diverse banknote types.

Inventive Principle:
Principle #25Self-service

2Adaptability or versatility

If the management company is far away from the automated teller machine, then the machine can be deployed in remote locations, but it becomes not easy to manage the amount of mediums in real time

Engineering Contradiction:
Improveability to be deployed in remote locationsVSAvoiddifficulty to manage medium amounts in real time
Core Design Contradiction:
Adaptability or versatilityVSLoss of information

Solution Approach 1:

The identification unit continuously monitors and identifies banknote types and quantities in the transit cassette, providing real-time feedback information to the control unit. This automated feedback system enables remote management companies to track medium amounts in real time without physical presence, resolving the contradiction between remote deployment and real-time monitoring capability.

Inventive Principle:
Principle #23Feedback

3Device complexity

If manual replenishment of banknotes is performed, then the device can be operated without complex automation, but it requires significant manual intervention and time

Engineering Contradiction:
Improvesimplicity of operation without complex automationVSAvoidtime consumption for manual replenishment
Core Design Contradiction:
Device complexityVSProductivity

Solution Approach 1:

The device replaces manual mechanical sorting and identification of banknotes with an automated identification unit and control unit. This substitution eliminates time-consuming manual intervention while maintaining operational simplicity through automated decision-making, resolving the contradiction between device simplicity and operational productivity.

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

Data Source

PatentUS12122625B2Medium storage device and method of controlling the medium storage device
Publication Date: 2024.10.22 HYOSUNG TNS INC
  • US12122625B2 patent drawing
  • US12122625B2 patent drawing
  • US12122625B2 patent drawing

AI summary

A medium storage device includes: a housing frame having, at a front portion, an entrance for replenishment and recovery to which a transit cassette is connectable, an identification unit serving to identify whether a medium is a normal medium or a rejection medium, a temporary holding unit configured to temporarily accommodate a medium, a recycle cassette configured to store the medium identified as the normal medium, a conveyance path configured to convey the medium between the identification unit, the temporary holding unit, and the recycle cassette, and a control unit configured to control the conveyance path such that the medium replenished from the transit cassette is conveyed to the temporary holding unit, the medium transferred to the temporary holding unit is conveyed to the identification unit, and the medium identified as the normal medium in the identification unit is conveyed to the recycle cassette.