Location History:
- Stark County, OH (US) (1986)
- Canton, OH (US) (2003 - 2016)
Company Filing History:
Years Active: 1986-2016
Title: The Innovative Contributions of Ashok L Modi
Introduction
Ashok L Modi is a notable inventor based in Stark County, OH (US), recognized for his significant contributions to the field of financial technology. With a total of 15 patents to his name, Modi has developed innovative solutions that enhance the efficiency and security of financial transactions.
Latest Patents
Among his latest patents are groundbreaking systems for wireless financial transactions. One of his notable inventions is a system that operates to carry out financial transfers in response to data read from data-bearing records. This system utilizes a cell phone equipped with a camera that stores account data from multiple magnetic stripe cards. Users can select an account stored in memory and wirelessly transmit item identifiers, selected account data, and user signatures during purchases. Another patent focuses on the method of transmitting electronic signatures during financial transactions, further streamlining the payment process.
Career Highlights
Throughout his career, Ashok L Modi has worked with prominent companies, including Diebold Self-Service Systems Division of Diebold, Inc. and Diebold, Inc. His work has significantly impacted the development of self-service financial solutions, making transactions more accessible and secure for users.
Collaborations
Modi has collaborated with several talented individuals in the industry, including Natarajan Ramachandran and Klaus Steinbach. These collaborations have contributed to the advancement of innovative technologies in financial transactions.
Conclusion
Ashok L Modi's contributions to financial technology through his patents and career achievements highlight his role as a leading inventor in the field. His work continues to influence the way financial transactions are conducted, paving the way for future innovations.
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.