Automated Vault Transfer System for Locked Container Provisional Credit
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Solution Overview
Problem
Organizations face challenges in maintaining provisional credit for funds stored in locked containers when the primary vault reaches capacity, as they must choose between incurring costs for special courier pickups or forgoing provisional credit until the next regular pickup.
Innovation Solution
The implementation of systems and methods that allow for the secure transfer of locked containers from a primary vault to a secondary vault, using sensor systems to detect and validate the transfer based on physical and timing characteristics, ensuring compliance and maintaining provisional credit.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Quantity of substance
If a locked container is transferred from a primary vault to a secondary vault, then the primary vault can accommodate additional funds for provisional credit, but the organization risks losing provisional credit eligibility due to transfer compliance issues
Solution Approach 1:
The system continuously monitors the locked container's physical characteristics (weight, location, seal status) and transfer events, providing real-time feedback to verify compliance with provisional credit terms. This automated tracking ensures the organization maintains credit eligibility by detecting and reporting any unauthorized access or non-compliant transfers.
Solution Approach 2:
A secondary vault acts as an intermediary storage location between the primary vault and the courier pickup process. The system manages transfers through this intermediate vault, allowing the primary vault to be emptied for new funds while maintaining a chain of custody that preserves provisional credit eligibility.
2Reliability
If special courier pickups are conducted to maintain provisional credit, then provisional credit is maintained, but transportation costs increase
Solution Approach 1:
The system automatically monitors locked container status, detects when transfers occur, and validates compliance without requiring manual courier intervention. This self-monitoring capability eliminates the need for costly special pickups, as the system can verify provisional credit maintenance through automated sensor data and transfer detection.
Solution Approach 2:
The patent replaces the mechanical courier pickup system with an automated sensor-based monitoring system. Physical courier visits are substituted with electronic detection of transfer events, weight changes, and seal status, significantly reducing transportation costs while maintaining credit eligibility.
3Measurement precision
If sensor systems are deployed to detect and validate locked container transfers, then transfer compliance can be verified, but system complexity increases
Solution Approach 1:
The sensor system is designed to perform multiple functions: detecting transfer events, monitoring seal integrity, tracking weight changes, and validating compliance all through a single integrated system. This multi-functionality reduces overall system complexity compared to deploying separate systems for each monitoring task.
Data Source
AI summary
Implementations described and claimed herein provide systems and methods for securely transferring a locked container from a primary vault to a secondary vault. In one implementation, a triggering event corresponding to a transfer of a first locked container from the primary vault to the secondary vault is detected. The first locked container is detected in the primary vault, and a second locked container is detected in the secondary vault. A transfer time for the transfer is determined based on when the second locked container is detected in the secondary vault. The transfer is validated as a compliant transfer when the second locked container is identified as the first locked container and the transfer time is within a time tolerance band.