THE METHOD OF ELIMINATION OF THE USE OF CASH CURRENCY NOTES AND COINS IN A COUNTRY'S BANKING SYSTEM AND CONVERTING SAME TO ELECTRONIC CURRENCY CREATING A CASHLESS CYCLE

摘要

#$%^&*AU2019101237A420191121.pdf#####INVENTOR: HAROLD PRIANNE ANURATH WIJETUNGE ABSTRACT THE METHOD OF ELIMINATION OF THE USE OF CASH CURRENCY NOTES, COINS IN A COUNTRY'S BANKING SYSTEM AND CONVERTING SAME TO ELECTRONIC CURRENCY CREATING A CASHLESS CYCLE. A method for the conversion of cash currency notes, coins into electronic currency in a banking system in a country through the scanning of cash currency notes and the counting of coins using automated cash and coin counting machines or similar device/s and through the special software associated with the system crediting the aggregated values of such scanned cash currency notes and coins so counted to the respective account of the party who provided the cash currency notes / coins for conversion to electronic currency and who have been pre-assigned a Bar Code, QR Code, numeric or alpha numeric or similar code which is linked to their respective bank accounts and which code has been generated by a secure code generator which is integrated with a remote server and operates in conjunction with a the special software created for the execution of same.L0 zw LU0 u0 0( U WUo z LLz w L ZZ = 0 Z I-I ZZ M 0j 0 z 0 Cz z z 0 LU(D n 0 L -I U x Wz 00 co uW I I * I-