Key and bolt lock device

A key and bolt lock device, comprising:

• a key to be received by a bolt, device, said key including:
• a housing such that said key can be received by said bolt;
• a power source;
• a transmit coil such that said transmit coil can transfer energy and data to a receiving coil located in said bolt by magnetic coupling;
• and
• a memory device capable of storing at least one security code;
• means for transmitting a security code from said memory device to said bolt;
• and
• said bolt, including:
• a head capable of receiving said key;
• a body which is operatively associated with said head such that said head rotates on said body when said key and bolt lock device is in a locked position;
• latching means which, when activated, attach said head to said body so that said head and body rotate together;
• a receiving coil capable of magnetically coupling with said transmit coil in said key, receiving energy for operation of bolt functions, and receiving data from said transmit coil;
• a second memory device capable of storing a security code;
• energy storage means for storing energy received from said key in order to operate said bolt;
• and
• a microcontroller which receives the security code transmitted from said key by said transmit coil, and retrieves said security code stored in said second memory device, compares said key security code to said second security code, and if the two codes are the same, activates said latching means.