Michael Kremer

Title: Michael Kremer: Innovator in Cash Handling Technology

Introduction

Michael Kremer is a notable inventor based in Geseke, Germany. He has made significant contributions to the field of cash handling technology, holding 2 patents that showcase his innovative approach to improving the efficiency and accuracy of cash management systems.

Latest Patents

Kremer's latest patents include a method for ascertaining the inventory of a cash box using the orientation of the receiving value. This method involves determining the orientation of a note of value before it is fed into a device and storing the order in which the notes are received. By comparing the orientations of successively removed notes with stored orientations, the stock of notes in the device can be accurately determined. Another patent focuses on a device for receiving notes of value and a method for determining the stock of a drum storage based on motor position. This invention allows for the determination of the stock of notes by comparing the current motor position with stored motor positions, enhancing the reliability of cash handling systems.

Career Highlights

Throughout his career, Michael Kremer has worked with prominent companies in the cash handling industry, including Diebold Nixdorf and Wincor Nixdorf International GmbH. His experience in these organizations has allowed him to develop and refine his innovative ideas, contributing to advancements in cash management technology.

Collaborations

Kremer has collaborated with notable professionals in his field, including Ulrich Wasmuth and Thomas Kemmerling. These partnerships have facilitated the exchange of ideas and expertise, further enhancing the impact of his inventions.

Conclusion

Michael Kremer's contributions to cash handling technology through his patents and collaborations highlight his role as an innovator in the industry. His work continues to influence the efficiency and accuracy of cash management systems.