Company Filing History:
3 out of 7 
2 out of 2,659 
2 out of 12 Years Active: 1999-2013
Title: Alden Sherburne Hart, Jr: Innovator in Multi-Currency Transactions
Introduction
Alden Sherburne Hart, Jr. is a notable inventor based in Arlington, VA, who has made significant contributions to the field of financial technology. With a total of five patents to his name, Hart has focused on developing systems that facilitate multi-currency transactions, enhancing the way customers and merchants interact in a global marketplace.
Latest Patents
One of Hart's latest patents is a system and method for multi-currency transactions. This innovative system allows for the approval of transactions between customers and merchants over a network. It includes a customer computer and a merchant computer, both connected to a communication network, along with a server that processes the transaction. The customer inputs an amount they are willing to pay in one currency, while the merchant provides a product price in another currency. The server converts the amount and approves the transaction if it falls within a risk range based on current exchange rates. This system ensures that both parties incur no risk, as the customer pays in their currency and the merchant receives the agreed price in theirs.
Career Highlights
Throughout his career, Alden Hart has worked with prominent companies in the financial technology sector, including Cybercash, Inc. and PayPal, Inc. His experience in these organizations has allowed him to refine his skills and contribute to the development of innovative payment solutions.
Collaborations
Hart has collaborated with notable professionals in the industry, including Brian P. Boesch and Stephen David Crocker. These collaborations have further enriched his work and expanded the impact of his inventions.
Conclusion
Alden Sherburne Hart, Jr. is a pioneering inventor whose work in multi-currency transactions has transformed the landscape of financial technology. His innovative systems continue to facilitate seamless transactions across different currencies, benefiting both customers and merchants alike.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.