US 12,450,969 B1
System and methods for converting banknotes to digital currency
Brian Francisco Shipley, Plano, TX (US); Brian Tougas, Spring Branch, TX (US); Gideon Bowie Luck, Wylie, TX (US); Sean Carl Mitchem, San Antonio, TX (US); Christopher Russell, The Colony, TX (US); Andre Rene Buentello, San Antonio, TX (US); Jose L. Romero, Jr., San Antonio, TX (US); and David Joaquin Harris, San Antonio, TX (US)
Assigned to United Services Automobile Association (USAA), San Antonio, TX (US)
Filed by UIPCO, LLC, San Antonio, TX (US)
Filed on Mar. 29, 2023, as Appl. No. 18/192,083.
Claims priority of provisional application 63/325,277, filed on Mar. 30, 2022.
Int. Cl. G07D 11/34 (2019.01); G07D 11/22 (2019.01)
CPC G07D 11/34 (2019.01) [G07D 11/22 (2019.01)] 20 Claims
OG exemplary drawing
 
1. A device, comprising:
a device housing;
a slot disposed in the device housing for receiving a banknote, wherein the slot includes a banknote receiving end and a banknote exiting end;
one or more conveying mechanisms to move the banknote from the banknote receiving end to the banknote exiting end of the slot;
a first optical device for scanning images of the banknote passed through the slot;
a shredding assembly for shredding the banknote passed through the slot; and
a second optical device for capturing a confirmation of destruction image of the banknote, the confirmation of destruction image including a serial number of the banknote, and the confirmation of destruction image being captured after a sufficient portion of the banknote has been destroyed by the shredding assembly so as to render the banknote invalid as currency.