|Description||CODE Lock is an electrically motivated locking mechanism intended to replace mechanically
motivated locks for various security enclosures. CODE Lock eliminates keys and combinations and
enhances user control and interest by internally generating and transmitting a personal, time-sensitive,
single-use passkey to the end-users cell-phone.
To ensure that the passkey stays personal, it is delivered directly from the enclosure to the user cell
phone via text message. CODE Lock invalidates passkeys after 2 minutes, for added security. CODE
Lock also mitigates maintenance costs to clients, as reduced personal are required to rekey locks when
keys are lost, and provide manual override access to users who forget their lock combination.
These objectives are realized using a microprocessor to acquire and validate passkeys, a solenoid
to act as a mechanical obstruction to act as a key, necessary user interface equipment, such as a keypad
for input and LCD screen for output, and of course an enclosure for the physical security of property.
The CODE Lock offers multiple revenue streams, such as direct sale of product, charge per use,
advertisements, and even the hosting of servers on which CODE Lock sends texts.
CODE Lock shows promise in the personal security enclosure space. No other product currently
on the market uses a self-generated, time sensitive, one time use passkey. The CODE Lock offers the
same mechanical quality of security as other types of enclosures, but unlike other enclosures, CODE Lock
offers a more secure ways of generating, delivering, and validating the passkey.||