Smartglasses Autonomous Transaction via Gesture Recognition

Resolve Bottlenecks,
Find Innovative Solutions
Generate Solutions

Solution Overview

Problem

Current smartglasses technology cannot be used to directly transfer funds or value to a third party without involving additional consumer electronic systems, limiting their autonomous transaction capabilities.

Innovation Solution

Smartglasses are equipped with internal processors, OLED displays, communication transceivers, and AI-powered voice and gesture recognition, enabling them to connect directly with financial institutions and transfer value to associated bank accounts using hand signals or voice commands, eliminating the need for additional devices.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Ease of operation

If smartglasses are used to perform transactions, then device independence and user convenience are improved, but transaction reliability and security may worsen due to absence of secondary device verification

Engineering Contradiction:
Improvedevice independenceVSAvoidtransaction security
Core Design Contradiction:
Ease of operationVSReliability

Solution Approach 1:

The patent introduces a communication transceiver as an intermediary component that enables the smartglasses to securely communicate with external systems and financial institutions. This transceiver acts as a mediator that maintains transaction security while preserving the device-independent operation, resolving the contradiction between ease of operation and transaction reliability.

Inventive Principle:
Principle #24Intermediary (Mediator)

Solution Approach 2:

The smartglasses are equipped with autonomous transaction capabilities including integrated processors, security modules, and communication interfaces that allow the device to independently perform transactions without requiring a second device for verification. The device serves itself by incorporating all necessary transaction components, thereby improving ease of operation while maintaining security through built-in safeguards.

Inventive Principle:
Principle #25Self-service

2Use of energy by moving object

If OLED technology is used in smartglasses, then power efficiency is improved, but display area and visibility may worsen

Engineering Contradiction:
Improvepower efficiencyVSAvoiddisplay area
Core Design Contradiction:
Use of energy by moving objectVSArea of stationary object

Solution Approach 1:

The patent applies OLED technology selectively to specific display areas within the smartglasses, optimizing power efficiency in regions where display functionality is most needed. By using OLED's self-emissive properties only in critical information display zones rather than across the entire device surface, the system achieves improved power efficiency while maintaining adequate display area for essential transaction information.

Inventive Principle:
Principle #3Local quality

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

Enables autonomous, device-independent transactions by allowing users to transfer value directly to any party's bank account using smartglasses, enhancing power efficiency and security through OLED technology and reducing environmental impact.

Implementation Method 1

OLED technology may enhance functionality of a smartglasses display. OLEDs are typically solid-state semiconductors constructed from a thin film of organic material. OLEDs emit light when electricity is applied across the thin film of organic material.

Methodology Applied
Scientific EffectOrganic light emitting diode: Organic Light-emitting Diode

Data Source

PatentUS12014346B2Smartglasses-based autonomous transaction platform
Publication Date: 2024.06.18 BANK OF AMERICA CORP
  • US12014346B2 patent drawing
  • US12014346B2 patent drawing
  • US12014346B2 patent drawing

AI summary

A method for utilizing smartglasses-enabled, autonomous, transfer technology, to execute a transferor to recipient transfer is provided. The method may include receiving, via hand gestures at the smartglasses, a mobile phone number of a target recipient. The method may also include transmitting the mobile phone number from the smartglasses to an entity associated with the transferor. The method may then determine a recipient identification number associated with the mobile phone number at the entity associated with the transferor, and, preferably then, communicating with a transfer gateway to initiate a payment between a transferor account number associated and the recipient identification number. The method may also include processing the transfer via the transfer gateway and transmitting a completion notification to a mobile device associated with the mobile number and to the smartglasses.