No, it wasn't discussed before, it just came to my mind. This is used by Banks.
I try to explain it:
Like a paperwallet you have several keys on a piece of paper (Cold storage).
My Bank has 5 digit numbers, every number can be used for one transaction, after that never again.
When all numbers on a sheet have been used, my Bank sends me a new sheet with new iTANs.

This can be also done with ATs.
But with 5 digit numbers it will not work. My Bank will lock me, when i entered a false iTAN.
In ATs it's not that easy. Because i can see what the AT is doing.
So every iTAN has to be longer - let's say 30 digits.
The hashs of every single iTAN could be safed in the AT.
When i want to transfer from the dormant AT i have to provide one iTAN. The AT can check it against it's hash list only if it's valid it will transfer the funds.
If someone has compromised my computer he probably might steal on iTAN (example: he is running an keylogger while i enter it), but he cannot steal all my funds because the AT will only send funds up to a previous set limit for one iTAN.

So it's a safer Paperwallet.