Joong Hyuk Han

Title: Joong Hyuk Han: Innovator in Cash Transaction Technology

Introduction

Joong Hyuk Han is a prominent inventor based in Seoul, South Korea. He has made significant contributions to the field of cash transaction technology, holding a total of 3 patents. His innovative designs focus on improving the efficiency and reliability of cash transaction machines.

Latest Patents

One of his latest patents is a reject structure in a cash transaction machine. This invention includes a main body of the cash transaction machine with a receiving section that contains a fixed magnet. The reject box body is detachably disposed in the receiving section, featuring a shutter that opens and closes the reject box. A locking member with a movable magnet is pivotably provided to lock and release the reject box shutter, utilizing magnetic forces for operation.

Another notable patent is the apparatus for withdrawing cash from a cash transaction machine. This invention comprises a storage for paper media, a first transfer element that transfers the media sheet by sheet, and a temporary stack part for vertically stacking the transferred media. The design includes a second transfer element and a rejecting element that enhances the efficiency of cash withdrawal processes.

Career Highlights

Joong Hyuk Han is currently employed at Nautilus Hyosung Inc., a company known for its advanced cash transaction solutions. His work has significantly impacted the design and functionality of cash transaction machines, making them more user-friendly and efficient.

Collaborations

He has collaborated with notable coworkers, including Won Joon Lee and Dong Sik Lee, who have contributed to his innovative projects and patents.

Conclusion

Joong Hyuk Han's contributions to cash transaction technology demonstrate his commitment to innovation and improvement in this essential field. His patents reflect a deep understanding of the challenges faced in cash transactions and provide effective solutions.