An innovative and safe technology-based alternative for legacy locker systems

These days, storing money, gold and other valuables in the bank lockers has become a worrying aspect to the citizens all around the world. According to the statistics on the bank robberies and loots, India almost lost $27.9 million only on loots and burglaries in the past three years loots and there are cases where the burglars attempted to loot the bank with a disguised costume of a nun so as to make the bank managers believe that they are the original owners of the locker. Apart from the incidents happened all around the world, improvisations done to do the lockers safeties every year was mostly found are of only in the mechanical way, i.e., lockers were given strength by manipulating the materials used. In order to overcome the problems with traditional lockers, we have come up with an IoT solution with two levels of authentication to enhance the security of the lockers.