The invention relates to a multiple determination safety mechanism with identity recognition and movable location based on Internet of Things. The safety mechanism is characterized by comprising the following steps: S10, a mobile terminal APP sends address information to a WEB terminal in real time after networking, a user logs in a user account at the mobile terminal APP, wherein the log-in is successful after passing verification at the WEB terminal, and the user clicks an unlocking task sent to the mobile terminal APP by the WEB terminal before, and applies to acquire an unlocking code by verifying personal passwords at the WEB terminal; S20, the WEB terminal verifies the address information received at the last step after receiving the unlocking code application, and continues to verify the received personal password after comparing the address information received at the last step with stored address information corresponding to the unlocking task and determining the address information is correct, and after the received personal password passes verification, the WEB terminal sends an unlocking private key to the mobile terminal APP; and S30, the unlocking private key is input to a dynamic code lock of an ATM, wherein if the unlocking private key is correct, the unlocking is successful, and if the unlocking private key is wrong, the user needs to go back to S10.