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WALLET SUMMARY

IP.com Disclosure Number: IPCOM000238963D
Publication Date: 2014-Sep-29
Document File: 2 page(s) / 33K

Publishing Venue

The IP.com Prior Art Database

Abstract

WALLET SUMMARY: SUMMARY REPORT OF YOUR SAVINGS AND EXPENDITURES OF YOUR WALLET

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This is the abbreviated version, containing approximately 52% of the total text.

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WALLET SUMMARY


Almost 99% of the people carry their personal items such as cash, credit cards, identification documents (licence, identification cards, etc) in wallet.

The wallet is most useful and handy.

Such a useful item, can be made as a expenditure recorder so it becomes much useful. Wallet is fitted with the following items


1) sensors
2) Micro-Chip processor + DSP Processor (CPU)
3) SD- Memory Card
4) Keypad / Voice sensor.

5) WiFi
6) GPS
7) Scanner
8) Alarm

Sensors are placed in the top edges of the wallet, while the user debit or credit amount, the sensors sense the changes in the wallet.

The wallet is separated into different compartments for the coins and notes. The coins and notes will be stored in the required compartments as mentioned.

When a person add or remove a coin/note from the respective compartment the CPU will process the changes in the number of notes or coins and it stores the information in the Memory Card.

While it is storing the data, it will ask for the user input "What for the expenditure is made?" or "How the amount is credited?".

So Memory Card will have the following information of everyday with time stamp of the changes.

Data Stored in memory card:
1) Date
2) Time stamp
3) D / C (Debited / Credited)

4) Number Of Notes : Number of Coins
5) Number of Notes Changes: Number of Coin changes
6) Current Total Amount
7) User Notes.

HOW IT WORKS 1:


Compartment A: Here the notes / money (papers) are stored in this compartment.

Compartment B: Here the coins are stored in this compartment.

Example: XX Dollar Notes / XX Rupee Notes are stored in their respective compartment in the preferred order.

When a user add a new Dollar note and new Coin into the compartme...