Voice-Verified Electronic Settlement System Using Unique ID Confirmation
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Solution Overview
Problem
Conventional methods for electronic settlements using portable telephones face issues such as the need for specific hardware like ATM cards, limited international applicability, security concerns, and complexity in operation, particularly in recognizing unique IDs across multiple terminals.
Innovation Solution
An electronic settlement system that allows users to send unique IDs via a server, utilizing voice response functions for confirmation and balance updates, enabling secure transactions between smartphones with integrated submission time ID sending, voice calling, and key input functions, over public telephone networks and the Internet.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If conventional telephone banking methods are used, then monetary settlement can be achieved, but security risks increase due to ID recognition errors and malicious transactions
Solution Approach 1:
The system performs preliminary actions by sending the unique ID to the called party's terminal before the actual transaction occurs. The called party receives and confirms the ID in advance, allowing verification before money transfer. This preliminary ID confirmation prevents malicious transactions and recognition errors by ensuring both parties agree on the transaction target beforehand.
Solution Approach 2:
The system implements feedback by requiring the called party to send back a confirmation signal containing the received unique ID. This feedback mechanism verifies that the ID was correctly received and recognized, creating a closed-loop verification system. The round-trip confirmation ensures both parties have matching ID information, eliminating recognition errors and preventing fraud.
2Reliability
If ATM cards and dedicated readers are required, then secure transactions can be performed, but device complexity and operational difficulty increase
Solution Approach 1:
The system achieves universality by enabling secure transactions using only standard telephone terminals that every user already possesses. Instead of requiring specialized ATM cards, dedicated readers, or specific hardware, the invention uses the universal telephone communication infrastructure. This multi-functional approach allows any telephone terminal to perform secure monetary settlement, eliminating the need for additional dedicated devices while maintaining security through the unique ID confirmation mechanism.
3Speed
If magnetic cards and non-contact portable devices are used, then transaction speed improves, but applicability is limited to specific locations and devices
Solution Approach 1:
The system achieves universality by enabling secure transactions using only standard telephone terminals that every user already possesses. Instead of requiring specialized ATM cards, dedicated readers, or specific hardware, the invention uses the universal telephone communication infrastructure. This multi-functional approach allows any telephone terminal to perform secure monetary settlement, eliminating the need for additional dedicated devices while maintaining security through the unique ID confirmation mechanism.
Solution Approach 2:
The system uses the telephone network as an intermediary to enable transactions between any two users regardless of location. Instead of requiring direct physical contact or proximity-based communication, the telephone network mediates the transaction by transmitting the unique ID and confirmation signals. This intermediary approach allows transactions to occur anywhere with telephone service, dramatically increasing adaptability while maintaining transaction speed through efficient digital communication.
4Ease of operation
If dedicated applications and specific portable telephones are required, then transaction functionality is achieved, but ease of operation and international applicability decrease
Solution Approach 1:
The system achieves universality by enabling secure transactions using only standard telephone terminals that every user already possesses. Instead of requiring specialized ATM cards, dedicated readers, or specific hardware, the invention uses the universal telephone communication infrastructure. This multi-functional approach allows any telephone terminal to perform secure monetary settlement, eliminating the need for additional dedicated devices while maintaining security through the unique ID confirmation mechanism.
Solution Approach 2:
The system implements self-service by utilizing the telephone terminal's existing capabilities (calling function, unique ID transmission) that are already available to every user. The terminal automatically sends the unique ID when called, and the user simply needs to confirm receipt. This self-service approach eliminates the need for dedicated applications or specialized training, making the system easy to operate and universally applicable across different countries and user groups.
Data Source
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AI summary
A secure electronic settlement by an easy operation is enabled even with any terminal device and any network in any country. Balance information of a user, predetermined voice information that can identify a user, an arbitrary keyword, and a voiceprint are stored in advance in a database 33 of a server 3 in association with a telephone number of the user, and when a remitter user carries out remittance to a recipient user, the server 3 sends out voice guidance including predetermined voice information registered in the database 33 corresponding to the telephone number of a recipient terminal 2 sent from the recipient terminal 2 requesting the remittance or a telephone number of the recipient terminal 2 inputted by the remitter carrying out the remittance to the recipient using a voice response function 31 to a remitter terminal 1, thereby enabling intuitive confirmation of a recipient by a remitter.