Event-Based Automatic Transaction System for Emergency Supply Delivery
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Solution Overview
Problem
During natural disasters and emergencies, users often face challenges in obtaining essential products due to high demand and transportation issues, leading to potential physical harm and difficulties for first responders in locating users.
Innovation Solution
A system and method for initiating and processing event-based automatic transactions on behalf of users without user input, using a financial institution computing system that determines user proximity to an event geolocation and automatically initiates transactions to purchase and deliver necessary products.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Loss of time
If users wait until an event has occurred before attempting to purchase basic amenities and supplies, then they can make informed purchasing decisions, but product supplies dwindle due to high demand and transportation routes may be blocked
Solution Approach 1:
The system performs preliminary actions by automatically initiating transactions and arranging product delivery before the event fully impacts the user. The financial institution computing system detects events, determines user proximity, and initiates automatic transactions to purchase and deliver products in advance, preventing supply depletion and transportation blockage issues.
2Productivity
If the system automatically initiates transactions without user input during events, then timely product delivery is achieved, but user authorization and control are reduced
Solution Approach 1:
The system obtains user authorization in advance through pre-enrollment in the automatic transaction program. Users pre-select products and set parameters before events occur. When an event is detected and the user is determined to be proximate, the pre-authorized transaction executes automatically without requiring real-time user input, thus maintaining both speed and user control.
3Reliability
If first responders and deliverers rely on users providing their locations, then users maintain privacy and security, but first responders have difficulty locating users during disasters
Solution Approach 1:
The financial institution computing system acts as an intermediary that securely manages and shares user location information. The system determines user geolocation through the mobile banking client application and shares this information with first responders and deliverers through controlled channels, enabling reliable location tracking while maintaining user privacy through the intermediary's management of the data.
Data Source
AI summary
Systems, apparatuses, and methods of an event-based automatic transaction on behalf of a user include and not limited to, determining, based on a plurality of information sources including a plurality of news information sources independent of a particular physical location, a probability of an event occurring, the probability being based on a predetermined percentage of news information sources indicating that the event is going to occur or is occurring, in response to the probability of the event occurring satisfying a predetermined threshold corresponding to the predetermined percentage, determining a location impacted by the event, in response to determining that the location of the user is proximate to the location impacted by the event, initiating a transaction with a mobile banking client application linked to an authorized financial account on behalf of the user, the authorized financial account being associated with the user and provided by the financial institution computing system.