Multi-Chip Smart Card Wallet with Inductive Coils
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Solution Overview
Problem
Current payment cards are not diverse enough and can be cumbersome for users who often need to carry multiple cards, leading to frustration and inefficiency in accessing the right card quickly.
Innovation Solution
A smart card wallet with multiple smart chips and coils that allows for compact storage and communication of information from various institutions, enabling users to carry multiple payment cards in a single, space-efficient device that can be used in different orientations.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If users carry multiple payment cards to access different accounts and institutions, then account diversity and accessibility are improved, but the bulkiness and inconvenience of carrying multiple physical cards increases
Solution Approach 1:
The patent combines multiple payment card functions into a single smart card wallet that can hold and communicate with multiple smart chips. Each smart chip stores different account information, allowing one physical device to replace multiple traditional payment cards while maintaining access to diverse accounts and institutions.
Solution Approach 2:
The smart card wallet is designed as a universal device that can interface with multiple different smart chips, each containing different payment or account information. This multi-functional design allows a single device to perform the functions of multiple specialized payment cards, improving convenience while maintaining account diversity.
2Adaptability or versatility
If users carry multiple payment cards to access different institutions, then account accessibility is improved, but the time spent locating the correct card decreases efficiency
Solution Approach 1:
The patent uses smart chips that contain digital copies of payment card information. Instead of physically carrying multiple cards, the smart card wallet stores digital representations of multiple accounts and institutions in smart chips, allowing instant access without physically locating specific cards.
Solution Approach 2:
The patent replaces the mechanical system of physically carrying and manually locating multiple payment cards with an electronic system. The smart card wallet uses electronic communication with smart chips to access account information, eliminating the need for physical card location and reducing time loss.
3Quantity of substance
If traditional payment cards are used for multiple accounts, then account information storage is improved, but the quantity of plastic material required increases
Solution Approach 1:
The patent uses smart chips that store digital copies of account information electronically. This replaces the need for multiple physical plastic payment cards, significantly reducing plastic material consumption while maintaining the ability to store and access multiple account information types.
Solution Approach 2:
The patent changes the storage parameter from physical plastic medium to electronic digital storage. The smart chips provide high-capacity storage for multiple account information types in a compact form, eliminating the need for extensive plastic material while maintaining or improving information storage capacity.
Applied Scientific Principles
This section explains which scientific principles are used to turn an abstract innovation direction into a practical engineering solution.
Function Achieved in This Case
Streamlines access to multiple payment card information, reduces the need for physical cards, and conserves resources by allowing users to manage multiple accounts with a single device, enhancing convenience and reducing the bulkiness of carrying multiple cards.
Implementation Method 1
a set of coils associated with the set of smart chips for communicating information from the set of smart chips
Data Source
AI summary
A set of smart card wallets with a set of smart chips for compact use comprising a body adapted to hold more than one smart chip and a set of coils associated with the set of smart chips for communicating information associated with an account from the set of smart chips.