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By using iot from sensor devices installed at the borrower s warehouse banks can track raw materials and inventory stocks.

Bank security system using iot. Pdf iot based low cost smart locker security system ijariit journal academia edu this paper project the simple iot based low cost smart locker security system for domestic and office lockers which is very useful to the public where they can safeguard their jewels money and documents from the thieves when the owner is in out. By using this tracked data banks can deduce the account balance and ensure that a loan is paid when inventory is sold. Interact iot the first iot bank started using shock wearablesas a part of an educational program for its users. Pdf bank locker securty system using iot iosr journals academia edu personal security is one of the main concern when it comes to office personal workplace in home banketc soto over come this problem this project suggest the use of internet of things iot to provide secure access only to authorized person via sms.

Iot and the importance of security for banking the forthcoming boom in iot devices and the billions of new wearables and smart devices that are set to transform our work and personal lives over the. As you approach the limit you ll be alerted. Using role based access control models the security system can be configured to provide expected level of security in e payment systems employing user defined policies for individuals companies. This iot project focuses on building a smart wireless home security system which sends alerts to the owner by using internet in case of any trespass and raises an alarm optionally.

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