HRP980498A2 - Electronic apparatus for effecting money transactions - Google Patents

Description

The field to which the invention relates

This invention relates to an electronic device for carrying out monetary transactions of natural and legal persons, and for the purpose of storing, processing and providing data.

Technical problem

(for the solution of which patent protection is requested)

With the development of electronic industry, informatics, and telecommunications systems, for the purpose of faster flow of information, financial transactions, of any form, also took on a more modern form. However, precisely with the development of such technology and the introduction of new systems into the everyday life of today's people, given the pace of life and the importance of a faster flow of information from one place to another in the shortest possible period of time, the security of financial transactions, whether they are carried out by a natural person or a legal entity , the risk of financial operations is still far above the minimum permissible and desired limit.

State of the art

(presentation and analysis of known solutions to a defined problem)

Today's well-known solutions offered by a high level of technological development, and I mean; ATMs, computers, cash register; although they have greatly facilitated financial transactions, still and every day more and more, there are shortcomings that do not fulfill the wishes of everyone who uses them. Problems arise in various forms, such as: confidentiality of data, security of data, the time of making any form of monetary transactions is unnecessarily long considering the requirements to increase the security to a higher level, administrative tasks and so on; which is largely caused by organizational structures at all levels, where job specialization has also shown its negative side. Likewise, we are witnessing globalization characterized, albeit in small numbers, by virtual organizations.

Presentation of the essence of the invention

(so that the technical problem and its solution can be understood, as well as stating the technical novelty in relation to the previous state of the art)

The primary goal of the invention is to improve and perfect all currently known forms of payment, i.e. performing monetary transactions, and to increase the security of monetary transactions to a higher level.

The secondary goal of the invention is the reorganization of existing forms of organization.

A further goal of the invention is the centralization of monetary institutions into one, as a result of reorganization.

Additional objects and advantages of the invention will in part be demonstrated in the description that follows, and in part will be learned through practice of the invention.

An electronic device for carrying out monetary transactions, and in the function it would have, would be intended exclusively for physical persons as end consumers and in such a way that it would be easy to use and portable. Likewise, an electronic device for carrying out monetary transactions would be compatible with today's known systems for electronic and automatic data processing, whether it is about transferring or receiving funds. Therefore, the electronic device as a means of transport should also have additional devices that would be installed or connected to the devices known today, on which all changes caused by payment or reduction or increase of an individual's funds are recorded. An electronic device for carrying out monetary transactions would be issued in banks. Other devices that would be installed or upgraded to existing systems would be installed by the bank's specialized technical service, while programming of individual devices and devices that would be upgraded would be done by specialized services in charge of programming these devices. Complete supervision, after the performance of these tasks, would then be taken over by the services of the state institution in charge of recording and monitoring all changes caused by the use of an electronic device for carrying out monetary transactions. The capacity of electronic devices for carrying out monetary transactions depended on the amount of income, so in a way similar to issuing credit cards. There are many reasons for introducing such a device into use. First of all, such a way of performing monetary transactions would reduce the risk of monetary transactions below the maximum allowed limit; considering that the denominations of monetary units would be "expressed" using digital technology, huge amounts of everything needed for the production of paper and coin money would be saved; given the centralization of data - the possibility of tax evasion would be practically impossible; time when buying, paying, withdrawing money from a bank account, payments made by natural and legal persons and all other forms of disposing of funds would be simplified to such an extent that it would certainly have an impact on a significant reduction or slowing down of the pace of life of modern man.

An electronic device for carrying out monetary transactions, in its appearance, would be no bigger than a cigarette box - it would be "hermetically" closed on all sides except for the side where there would be an opening for attaching to devices installed or added to today's systems for receiving, processing and providing data (cash register; computers; payphones; ATMs...). On its upper side, it would have a display, buttons marked with numbers and letters. The electronic device would also have the ability to send data remotely, via signals/frequencies, which would increase the security of financial transactions, the speed of sending and receiving information to an even greater extent. Inside, the device would have built-in: processor, motherboard, security code/code (which would be the first to be read during any financial transaction, at the place of origin of the cost and in the central financial institution); the device's memory would consolidate all data related exclusively to the owner of the device (social security number, driver's license number, JMBG with the necessary data...). Likewise, the device would have the ability to convert currencies and, of course, an annual calendar. When mentioning the annual calendar, the purpose of which does not need to be explained in particular, what I would draw attention to, and as far as the calendar is concerned, is that in view of the coming new millennium and the problems that are expected, the above-mentioned and described device would also have the possibility to during its creation, the dates for the next 50 (fifty) years are inserted into the memory of the device, or that in addition to the above-mentioned and described device, as the first generation of such devices, for the beginning of the next millennium, devices are made that would start counting time with the beginning of the new millennium, and the data from devices of the first generation would be automatically transferred to them and they would represent the second generation of electronic devices for performing monetary transactions. Transferring data from first-generation devices to second-generation devices would be exclusively for state financial institutions.

Claims (6)

1. An electronic device for carrying out monetary transactions, where the above device has a display and buttons marked with numbers and letters on its upper side, and on its side - an opening for the possibility of attaching to auxiliary devices of the same purpose. 2. An electronic device for carrying out monetary transactions according to claim 1, indicated by the fact that it is intended to be used exclusively for carrying out monetary transactions. 3. An electronic device for carrying out monetary transactions according to claim 2, characterized in that the device has the ability to receive and transmit data through a memory built into the electronic parts inside the device. 4. Electronic device for carrying out monetary transactions according to claim 1, characterized in that auxiliary devices of the same purpose have the possibility of currency conversion and temporal updating of received, processed and submitted data to the end user's basic device. 5. An electronic device for carrying out monetary transactions according to claim 3 or 4, indicated that the end user's device and devices of the same purpose have the ability to transfer data without the need to connect to the devices of the same purpose, and that by calling a number that, if necessary, would also issue the competent financial institution responsible for the supervision of all monetary transactions. 6. Electronic device for carrying out monetary transactions according to claim 1, 2, 3, 4 or 5, indicated that the device is hermetically sealed, portable, compatible with devices of the same purpose and today's known systems for electronic data processing.