Cash Transport Robot With Counting Vault for Secure Money Tracking

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Solution Overview

Problem

Financial institutions face challenges in securely transferring and monitoring physical money within their premises, as existing surveillance systems require extensive camera coverage and multiple personnel to prevent theft, which can be inefficient and prone to blind spots.

Innovation Solution

A robotic device equipped with a receiving interface, counter mechanism, storage vault, and control circuit for transporting and tracking physical money, along with a financial institution computing system that enables network communication and transaction database management, allowing for secure transfer and continuous monitoring of money within the institution.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Reliability

If traditional surveillance systems with extensive camera coverage and multiple personnel are used to transfer physical money, then security against theft is improved, but device complexity and operational efficiency deteriorate

Engineering Contradiction:
ImprovesecurityVSAvoidsurveillance system complexity
Core Design Contradiction:
ReliabilityVSDevice complexity

Solution Approach 1:

The patent combines multiple security functions (money counting, secure storage, transportation, and surveillance) into a single integrated robotic device. The robot merges the capabilities of a cash counter, vault, transport vehicle, and monitored entity into one unified system, eliminating the need for separate cameras and personnel while maintaining security.

Inventive Principle:
Principle #5Merging (Combining)

Solution Approach 2:

The robotic device is autonomous and self-monitoring, equipped with sensors, counters, and control systems that allow it to independently track and secure the money it transports. The robot serves as its own surveillance system, eliminating the need for external cameras and human guards.

Inventive Principle:
Principle #25Self-service

2Reliability

If traditional surveillance systems with extensive camera coverage and multiple personnel are used to transfer physical money, then security against theft is improved, but productivity deteriorates

Engineering Contradiction:
ImprovesecurityVSAvoidmoney transfer efficiency
Core Design Contradiction:
ReliabilityVSProductivity

Solution Approach 1:

The patent combines multiple security functions (money counting, secure storage, transportation, and surveillance) into a single integrated robotic device. The robot merges the capabilities of a cash counter, vault, transport vehicle, and monitored entity into one unified system, eliminating the need for separate cameras and personnel while maintaining security.

Inventive Principle:
Principle #5Merging (Combining)

Solution Approach 2:

The robotic device is autonomous and self-monitoring, equipped with sensors, counters, and control systems that allow it to independently track and secure the money it transports. The robot serves as its own surveillance system, eliminating the need for external cameras and human guards.

Inventive Principle:
Principle #25Self-service

3Difficulty of detecting and measuring

If traditional surveillance systems are used to monitor physical money transfers, then detection capability is improved, but device complexity deteriorates

Engineering Contradiction:
Improvemoney tracking capabilityVSAvoidsurveillance system complexity
Core Design Contradiction:
Difficulty of detecting and measuringVSDevice complexity

Solution Approach 1:

The robotic device acts as an intermediary carrier that inherently incorporates tracking and monitoring capabilities. Rather than using separate surveillance cameras to track money, the robot itself is the tracking device, with built-in sensors and control systems that monitor the money's location and status throughout transport.

Inventive Principle:
Principle #24Intermediary (Mediator)

Solution Approach 2:

The patent combines multiple security functions (money counting, secure storage, transportation, and surveillance) into a single integrated robotic device. The robot merges the capabilities of a cash counter, vault, transport vehicle, and monitored entity into one unified system, eliminating the need for separate cameras and personnel while maintaining security.

Inventive Principle:
Principle #5Merging (Combining)

Data Source

PatentUS11030592B1Money tracking robot systems and methods
Publication Date: 2021.06.08 WELLS FARGO BANK NA
  • US11030592B1 patent drawing
  • US11030592B1 patent drawing
  • US11030592B1 patent drawing

AI summary

A robotic device for transporting physical money including a receiving interface, a counter mechanism, a storage vault, and a control circuit. The receiving interface receives physical money. The counter mechanism is connected to the receiving interface and receives and counts the physical money inserted into the receiving interface. The storage vault stores the physical money counted by the counter mechanism and remains closed when the robotic device is at a first location. The control circuit determines an amount of physical money stored in the storage vault based on the counted physical money, controls a drive system of the robotic device to cause the robotic device to travel from the first location to a second location, and opens the storage vault when the robotic device reaches the second location.