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Problem
Problem
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Traditional methods of jewelry appraisal in pawnshops result in damage to items, which impairs their decorative properties. In addition, the appraisal process is inefficient: receivers spend a significant portion of their time waiting for customers, despite the fact that labor costs average CAD 16-20 per hour. This inefficiency not only increases operating costs, but also prevents the demand for simplified financial services in the marketplace.
In addition, the economic situation, characterized by the shift to cashless payments and growing economic instability, highlights the need to modernize traditional pawnshop services. With over 50% of the time spent by pawnshop brokers being unproductive, there is a clear opportunity to implement an automated system that streamlines processes and offers faster and more convenient customer service.
The existing demand for efficient and affordable financial services, coupled with potential customers' interest in our innovative solution, underscores the critical need to eliminate inefficiencies in traditional pawnshop operations.
Solution
Solution
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We create a Lambormat apparatus that allows jewelry to be appraised without significant damage using calibration-free laser spectrometry.
Such a machine can be operated remotely, which greatly simplifies the process of finding, hiring and training employees. In the future, this process can be automated and eliminate the human factor altogether.
Laser Technology
Laser Technology
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Laser-Induced Spark Emission Spectrometry (LIES) is a method of atomic emission spectral analysis that uses laser breakdown plasma spectra (laser spark) to analyze solid samples, liquids, gasses, suspended dusts and aerosols.
In the English-language literature, this method is referred to as Laser-Induced Breakdown Spectroscopy or Laser-Induced Plasma Spectroscopy (LIBS or LIPS). We use this and other methods to evaluate jewelry with minimal damage.
Remote Operation
Remote Operation
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Our remote-operated apparatus offers a streamlined solution that simplifies the labor-intensive tasks of recruitment, hiring, and training of employees. By enabling remote operation, it paves the way for a future where the reliance on human intervention can be entirely eliminated, ushering in a new era of automation and efficiency.
This innovative approach not only reduces operational costs but also minimizes the risks associated with human error, ensuring consistent and reliable performance. With the potential to revolutionize traditional workflows, our remote-operated apparatus represents a significant step towards increased productivity and scalability in various industries.
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