System and method for intelligent currency validation
AssigneeICVN, Inc.
InventorTheodore G. Pareskevakos
Life of this patent
Estimating the term…
Abstract
Currency is validated by comparing identifying information extracted from the currency, such as a serial number associated with the currency, to identifying information in a list corresponding to invalid currency, such as counterfeit currency. If the extracted identifying information matches identifying information on the list, the currency is deemed invalid. A photograph or thumbprint image can be obtained by a person using the invalid currency to help in later identification of that individual. Optical character recognition techniques can be used to extract the identifying information.
Claims20
A handheld device for validating currency, comprising:
- a scanner for scanning a currency to obtain an image of the currency;
- a central processing unit;
- a memory coupled to the central processing unit in which a list of identifying information is stored;
- software for obtaining identifying information associated with the currency from the image, for comparing the identifying information associated with the currency to the stored identifying information, and for causing a notification if there is a match between the identifying information associated with the currency and the stored identifying information, wherein the identifying information associated with the currency includes a serial number;
- a memory coupled to the central processing unit that stores the obtained identifying information, including the serial number, associated with the currency;
- a network interface that connects the device to a network for transmitting the obtained identifying information to a remote server and obtaining all or a portion of the stored list of identifying information;
- and
- wherein the components of the handheld device are enclosed and/or incorporated in a handheld housing.
A handheld device for validating currency, comprising:
- a scanner configured to scan a currency to obtain an image of the currency;
- a central processing unit configured to:
- (i) obtain identifying information associated with the currency from a scanned image of currency, wherein the identifying information includes a serial number;
- (ii) compare the identifying information associated with the currency to a list of stored identifying information;
- and
- (iii) cause a notification if there is a match between the identifying information associated with the currency and the stored identifying information;
- at least one memory device coupled to the central processing unit configured to store scanned identifying information and the list of identifying information;
- a network interface connecting the device to a network, the network interface configured to transmit the obtained identifying information to a remote server and receive all or a portion of the stored list of identifying information;
- and
- a housing for enclosing and/or incorporating the components of the handheld device.
Dependencies are inferred from the claim text.