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11th CavinKare-MMA ChinniKrishnan Innovation Awards 2022
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CKIA-MMA/2021/20/1625720960338
8 Jul 2021
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Innovation Info
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Additional Info
Your innovation in brief
Existing methods of storing, accessing, securing & safeguarding valuables both for individuals and other bigger entities like banks, mortgage companies, pawnbrokers are challenging, ineffective in many aspects like security, availability & cost. 1. Home Lockers. (Inexpensive but vulnerable with minimal safety features.) 2. Bank Lockers. (Expensive & still no guarantee due to burglary.) We are determined to build and provide a Simple, Smart, and Secure product (V-Safe) to store valuables and thereby peace of mind to customers.
Describe about your innovation
Everything around is becoming smart, the watch we wear, AC and even the entertainment device like TV is getting smarter but there is no device which is not upgraded our years. Yes, the place where we keep our hard-earned money and valuables is not smart. The place where we store valuables should be smart enough to identify and only to you it should give access and any other unauthenticated attempt will be notified to you immediately. We have designed a product using IoT and sensor fusion technology and named the product as V Safe which will identify you and only to you it will give access and any other unauthenticated attempt will be notified to you immediately. Though we are using complex and advanced technology in our product we made using V Safe for an authenticated person as easy as using an application on a phone.
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