18489026. CHANGE MACHINE simplified abstract (Toshiba Tec Kabushiki Kaisha)
Contents
CHANGE MACHINE
Organization Name
Inventor(s)
Toshiki Matsuo of Sunto Shizuoka (JP)
CHANGE MACHINE - A simplified explanation of the abstract
This abstract first appeared for US patent application 18489026 titled 'CHANGE MACHINE
The abstract describes a patent application for a change machine that includes various units to discriminate denominations of deposited coins or bills, count the number of coins or bills for each denomination, store a limit number of coins or bills, determine the denomination of the coins or bills, determine the depositor (customer or store staff member), and control the deposit process.
- Denomination discriminating unit to identify coin or bill denominations
- Counting unit to tally the number of coins or bills for each denomination
- Storage unit to hold a set number of coins or bills
- Number determining unit to establish the denomination when the limit is reached
- Operator determining unit to identify the depositor (customer or staff member)
- Deposit control unit to manage the return or storage of coins or bills based on the depositor
Potential Applications: - Retail stores - Banks - Casinos - Vending machines
Problems Solved: - Efficient coin and bill handling - Accurate denomination counting - Secure deposit control
Benefits: - Streamlined coin and bill processing - Reduced errors in counting - Enhanced security in deposit handling
Commercial Applications: Title: "Innovative Change Machine Technology for Enhanced Coin and Bill Handling" This technology can revolutionize the way businesses handle coins and bills, improving efficiency and accuracy in financial transactions.
Prior Art: Research related to coin and bill counting machines, deposit control systems, and denomination discriminating units can provide insights into existing technologies in this field.
Frequently Updated Research: Stay updated on advancements in coin and bill processing technologies, deposit control systems, and security measures in financial transactions.
Questions about Change Machine Technology: 1. How does this technology improve coin and bill handling processes? 2. What are the potential security implications of using this change machine technology?
Original Abstract Submitted
A change machine includes a denomination discriminating unit to discriminate denominations of deposited coins or bills, a counting unit to count the number of the coins or the bills for each of the denominations, a storage unit to store a limit number of the coins or the bills, a number determining unit to determine a denomination of the coins or the bills, the number of which counted in one transaction reached the limit number, an operator determining unit to determine which of a customer and a store staff member deposited the coins or the bills, and a deposit control unit to, if the customer deposited the coins or the bills, return the coins or the bills of the denomination and, if the store staff member deposited the coins or the bills, allows storage of the coins or the bills of the denomination.
