Timed Savings Compartments With Secure Latch Release
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Solution Overview
Problem
Traditional piggy banks require destruction to access saved funds, making it difficult to retrieve money easily, and earlier modifications with capped holes do not fully address the issue of convenient access.
Innovation Solution
A portable savings system with a timed release mechanism, featuring a sturdy container with internal dividers, pivotally located lids, an elapsed time latch release system powered by a battery and microprocessor, and a user interface for programming access after a predetermined timeframe, allowing for secure and convenient access to saved funds.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If traditional piggy banks use destruction method to access funds, then security is improved, but ease of operation deteriorates
Solution Approach 1:
The piggy bank is divided into multiple sealed compartments, each with its own lid and latch system. This segmentation allows selective access to different funds portions without compromising the entire container's security, resolving the contradiction by enabling easy access to specific sections while maintaining overall security.
Solution Approach 2:
The invention introduces a dynamic time-based latch release system that automatically changes from locked to unlocked state after a predetermined time period. This dynamic mechanism transforms the static security system into one that adapts over time, allowing secure storage initially then automatic access later, thus resolving the contradiction between security and ease of access.
2Ease of operation
If capped holes are added for easier access, then ease of operation is improved, but security deteriorates
Solution Approach 1:
A microprocessor-based control system acts as an intermediary between the user and the latch mechanism. This intelligent mediator receives time input, calculates elapsed time, and automatically controls latch release, eliminating the need for physical modifications like capped holes while maintaining both security and ease of access through automated control.
Solution Approach 2:
The invention replaces simple mechanical time-release mechanisms with an electronic control system using a microprocessor and battery power supply. This substitution eliminates the need for structural modifications like capped holes, providing secure yet easily accessible funds through intelligent electronic control rather than mechanical shortcuts.
3Adaptability or versatility
If multiple compartments are created, then adaptability is improved, but device complexity increases
Solution Approach 1:
Each lid and latch assembly is designed as a universal module that can be replicated across multiple compartments. The standardized design allows the same component to serve multiple functions in different locations, increasing adaptability for various savings categories while minimizing the increase in device complexity through component reuse and standardization.
Data Source
AI summary
A personal saving system for accumulating saved funds and allowing access to the saved funds after an elapsed timeframe features a sturdy hollow container having an open top and vertical dividers inside that create a plurality of chambers. The system features a plurality of lids pivotally located on the container, one above each chamber. The system features an elapsed time latch release system having a battery power supply and a microprocessor. The release system features a display, a money slot, one or more user interface components, and a demo button all located on a lid top surface. The release system features a latch first component located on a lid front and a latch second component located on a container front surface next to the latch first component when the lid is in a closed position.