Coin Sorting Apparatus with Age-Adaptive Financial Education Interface

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Solution Overview

Problem

There is a lack of effective tools and methods to provide age-appropriate and entertaining financial, business, and entrepreneurship education to children, as well as life management skills, which are essential for their future success and resilience in a complex, technology-driven world.

Innovation Solution

A financial education, entrepreneurship education, and life management apparatus that includes a housing with multiple user accounts, a coin acceptor assembly, electronic circuitry, a display device, and facial recognition software, allowing users to manage their accounts and interact with educational content in a user-friendly and engaging manner.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Ease of operation

If traditional financial education methods are used, then educational content can be delivered, but the content is not age-appropriate or entertaining for children

Engineering Contradiction:
Improveage-appropriatenessVSAvoideducational content delivery
Core Design Contradiction:
Ease of operationVSDevice complexity

Solution Approach 1:

The system personalizes the educational experience by detecting the child's age and tailoring the financial education content, interface complexity, and interaction methods to match their developmental stage. Different age groups receive differently curated content with appropriate complexity levels, making the education both age-appropriate and effective.

Inventive Principle:
Principle #3Local quality

Solution Approach 2:

The system dynamically adjusts multiple parameters including content difficulty, interface design, interaction modes, and educational pacing based on the detected age of the user. This transforms a static educational program into a adaptive system that automatically optimizes its characteristics for different age groups.

Inventive Principle:
Principle #35Parameter changes

2Adaptability or versatility

If multiple user accounts are implemented, then family financial management is improved, but system complexity increases

Engineering Contradiction:
Improvefamily financial managementVSAvoiduser account management
Core Design Contradiction:
Adaptability or versatilityVSDevice complexity

Solution Approach 1:

The system automatically detects the child's age and creates or assigns appropriate user accounts without requiring complex manual setup. Parents can easily add family members through simple processes, and the system autonomously manages account configurations, permissions, and educational content assignments based on detected characteristics.

Inventive Principle:
Principle #25Self-service

Solution Approach 2:

The apparatus serves multiple functions within a single unified system: it provides financial education, manages multiple user accounts, tracks family finances, and adapts to different age groups. This multi-functionality is achieved through a modular architecture that integrates educational content delivery, account management, and adaptive interface generation.

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

3Ease of operation

If manual account selection is used, then user control is maintained, but the process becomes tedious and less engaging for children

Engineering Contradiction:
Improveaccount selectionVSAvoidaccount selection time
Core Design Contradiction:
Ease of operationVSLoss of time

Solution Approach 1:

The system replaces manual account selection with automated age-based detection using sensors and processing units. The child's age is detected automatically, and the system generates or selects the appropriate account without requiring the child to navigate complex selection menus, thereby saving time and improving ease of operation.

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

Solution Approach 2:

The system pre-generates user accounts based on detected age characteristics before the child needs to use them. This preliminary account creation eliminates the need for real-time account selection during interaction, allowing children to immediately engage with personalized content without delays.

Inventive Principle:
Principle #10Preliminary action

4Measurement precision

If coin acceptor assembly directs coins by denomination, then sorting accuracy is improved, but the mechanism becomes more complex

Engineering Contradiction:
Improvecoin sorting accuracyVSAvoidcoin directing mechanism
Core Design Contradiction:
Measurement precisionVSDevice complexity

Solution Approach 1:

The system introduces an electronic control intermediary between coin detection and physical sorting. Sensors detect coin characteristics, and a processor determines the appropriate destination compartment. This electronic mediation enables accurate sorting while keeping the mechanical sorting mechanism relatively simple, as the complexity is shifted to the detection and control systems.

Inventive Principle:
Principle #24Intermediary (Mediator)

Solution Approach 2:

The system replaces complex mechanical coin sorting mechanisms with an electronic detection and control system. Instead of using intricate mechanical guides and sorters for each denomination, the system uses sensors to identify coins and electronically controls simple directing mechanisms, achieving high sorting accuracy with reduced mechanical complexity.

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

Data Source

PatentEP3022718B1System and apparatus for financial education, entrepreneurship education and life management
Publication Date: 2020.08.19 MOUMNEH KAMAL
  • EP3022718B1 patent drawingFigure 1a
  • EP3022718B1 patent drawingFigure 1b~1d
  • EP3022718B1 patent drawingFigure 1e

AI summary

An apparatus for financial education (100), entrepreneurship education and life management. The apparatus can include a housing (102), at least one storage compartment (106) received within the housing (102) and including an interior cavity (110), a coin acceptor assembly (122) adapted to receive a coin determine the denomination of the coin, and deposit the coin into the storage compartment (106), electronic circuitry communicatively coupled to the coin acceptor assembly, a display device communicatively coupled to the electronic circuitry, at least one input device communicatively coupled to the electronic circuitry, wherein the electronic circuitry includes at least one nontransitory computer-readable medium (138) storing executable instructions and a processor adapted to execute the instructions, wherein the instructions are adapted to display a graphic interface on the display device (154), and to receive input from a user via the at least one input device (156), so as to allow the user to manage a user account, the user account including a monetary balance.