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Cash Drone

Cash Drone™ is a financial service that would allow a customer to push a button on their smartphone and call a drone down to quickly bring them cash at a variety of locations.

Versus ATMs: This would be more efficient than an ATM because the Cash Drone™ would be mobile. It would be able to meet customers where they were rather than requiring customers to find an ATM and get to it. Providers wouldn't have to figure out how to obtain and maintain many physical locations for ATMs.

Versus Mobile Payments: It would still be useful in the age of mobile payments, because many transactions costing money do not support mobile payments yet, but they all do accept cash.

Security Considerations: It would be a challenge to prevent malicious actors from destroying or stealing a Cash Drone™ or its cash. Like many challenges to business ideas, this challenge presents an opportunity to enhance this idea with additional ideas that will result in a more robust end product. Possible avenues to explore security solutions include solutions that are already in use for ATMs, and solutions that would also apply to all drones. These would not be the only drones that need to secure themselves and their payloads.

Security Ideas: Drones have a risk I call "the butterfly net effect." Ideas to secure drones from interception may include: armor, audio alarms similar to car alarms, flashing lights, and tracking. Armor may include a device similar to some type of strongbox to secure the payload. Tracking may include GPS and other location technologies, and transmission and recording of audio and video.

Verified Author: Serafino Software™
Maturity Idea 
Type: Software Product, Hardware Product, Financial Service
Date Claimed: 3 August 2017

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