Company Filing History:
Years Active: 2020-2025
Title: Innovations of Bhagat Kumar Allugubelly
Introduction
Bhagat Kumar Allugubelly is a notable inventor based in Hyderabad, Telangana, India. He has made significant contributions to the field of technology, particularly in the areas of virtual environments and blockchain technology. With a total of four patents to his name, Allugubelly continues to push the boundaries of innovation.
Latest Patents
One of his latest patents is titled "System and method to activate a card leveraging a virtual environment." This invention describes an apparatus for activating a physical card in a virtual environment. The system includes a processor associated with a server that receives a request to issue a physical card to a user. It generates a non-fungible token (NFT) for storage in the physical card, which is then displayed as a digital card in a virtual environment. The processor is designed to receive the digital card during an interaction and generate a second NFT. It combines both NFTs to create an activation NFT that allows the physical card to access the user's profile during interactions.
Another significant patent is "System to restore a transformation state using blockchain technology." This invention outlines methods for electronically receiving a data transformation request and extracting data from source systems. It generates an image of the first state of the target systems and creates a cryptodigit associated with that state. The cryptodigit and the image are stored as a node in a blockchain distributed ledger, allowing for the implementation of changes to the target systems.
Career Highlights
Bhagat Kumar Allugubelly is currently employed at Bank of America Corporation, where he applies his innovative ideas to enhance financial technologies. His work focuses on integrating advanced technologies into banking solutions, making processes more efficient and secure.
Collaborations
He has collaborated with notable colleagues such as Haribabu Reddy Marthala and Amardeep Singh Talwar, contributing to various projects that leverage their combined expertise in technology and innovation.
Conclusion
Bhagat Kumar Allugubelly is a pioneering inventor whose work in virtual environments and blockchain technology is shaping the future of financial services. His patents reflect a commitment to innovation and a vision for integrating technology into everyday applications.