Resource Deposit Processing System Using Unique Identifier Tags

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Solution Overview

Problem

Managing resource deposits is a time and labor-intensive process due to the need for analysis, verification, and authentication of each item, which becomes increasingly challenging as the number of deposits grows, necessitating an automated system for efficient processing.

Innovation Solution

A system utilizing unique identifier tags on containers, which are scanned by merchants and processing centers, triggering alerts and input requests through a network communication system to automate data collection, verification, and processing, thereby reducing manual labor and time.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Measurement precision

If manual analysis and verification of each resource item is performed, then accuracy of deposit processing is maintained, but processing time and labor intensity increase significantly

Engineering Contradiction:

Improveverification accuracyVSAvoidprocessing time

Core Design Contradiction:

Measurement precisionVSLoss of time

Solution Approach 1:

The system performs preliminary actions by pre-registering resource items with unique identifiers and storing their characteristics in a database before actual deposit processing. When resources are deposited, the system quickly retrieves and verifies information from the pre-established database, eliminating the need for manual analysis and verification of each item during processing.

Inventive Principle:

Principle #10Preliminary action

Solution Approach 2:

The patent replaces manual mechanical verification processes with an automated electronic system. Scanning devices capture unique identifiers, the network transmits data, and processing devices automatically verify resources against stored information in the database, substituting human labor with automated computational processes that are both faster and equally accurate.

Inventive Principle:

Principle #28Mechanics substitution (Replace mechanical system)

2Productivity

If automated scanning and processing systems are implemented, then processing efficiency increases, but system complexity increases

Engineering Contradiction:

Improveprocessing efficiencyVSAvoidsystem complexity

Core Design Contradiction:

ProductivityVSDevice complexity

Solution Approach 1:

The system employs a centralized database that serves multiple functions: storing resource information, enabling verification, supporting reporting, and facilitating tracking. The network infrastructure provides universal communication capabilities across scanning devices, processing devices, and user interfaces, reducing the need for separate specialized systems for each function.

Inventive Principle:

Principle #6Universality (Multi-functionality)

Solution Approach 2:

The centralized database acts as an intermediary between scanning devices and processing devices, simplifying the system architecture. Instead of direct complex interactions between multiple devices, all communication routes through the database, which standardizes data exchange and reduces the complexity of device-to-device protocols and interfaces.

Inventive Principle:

Principle #24Intermediary (Mediator)

3Reliability

If comprehensive verification and authentication processes are performed on all deposits, then resource integrity is ensured, but labor requirements increase

Engineering Contradiction:

Improveresource integrityVSAvoidlabor requirements

Core Design Contradiction:

ReliabilityVSEase of operation

Solution Approach 1:

The system enables self-service verification where the automated processing devices independently authenticate resources by comparing scanned unique identifiers against the centralized database. The system performs its own verification without requiring human operators to manually check each item, maintaining resource integrity through automated consistency checks while eliminating manual labor.

Inventive Principle:

Principle #25Self-service

4Device complexity

If manual processing methods are used for increasing numbers of deposits, then system simplicity is maintained, but processing capacity becomes insufficient

Engineering Contradiction:

Improvesystem simplicityVSAvoidprocessing capacity

Core Design Contradiction:

Device complexityVSProductivity

Solution Approach 1:

The system creates digital copies of resource information in the centralized database, including unique identifiers and characteristics. These digital copies enable rapid duplicate verification and tracking without requiring physical handling or manual inspection of each resource item, dramatically increasing processing capacity while keeping the physical system simple.

Inventive Principle:

Principle #26Copying

Data Source

PatentUS10217084B2System for processing resource deposits

Publication Date: 2019.02.26 BANK OF AMERICA CORP

AI summary

Embodiments of the present invention provide a system for processing deposits of resources. A managing entity generates containers with respective unique identifier tags and provides the container to a merchant. The merchant places resources in the container and scans the unique identifier tag of the container. The system receives an indication of the scan, and displays a deposit portal comprising merchant input fields. The merchant provides a merchant input into these input fields, and the merchant input is stored in a searchable database. Once the container reaches a processing center, the processing center scans the unique identifier tag, and the managing entity receives an indication that the scan occurred. In response, the managing entity system causes a processing application to display on a computing device of the processing center, the display including processing input fields that are at least partially filled out with the merchant input.