Seoul, South Korea

Chang Ryong Kwak


Average Co-Inventor Count = 1.3

ph-index = 1

Forward Citations = 1(Granted Patents)


Company Filing History:


Years Active: 2015-2017

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2 patents (USPTO):Explore Patents

Title: Innovator Chang Ryong Kwak: Pioneering Financial Technology in South Korea

Introduction: Chang Ryong Kwak, based in Seoul, South Korea, is a prominent inventor recognized for his contributions to financial technology. With two patents to his name, Kwak has made significant strides in enhancing the functionality of IC card readers and financial devices, thereby improving user convenience and operational efficiency.

Latest Patents: Chang Ryong Kwak's innovative spirit is showcased in his latest patents. The first patent, titled "IC card reader and operating method thereof," describes an IC card reader that integrates a first interface unit for communication with an IC chip using a first communication mode, and a second interface unit that employs a second communication mode. The reader's control unit effectively manages the interface units, enabling the retrieval of data from the IC chip by processing response messages efficiently.

His second patent is a "Financial device," designed to streamline the management of registered media. This device includes a registered medium storage box for keeping the media, a discrimination part for recognizing the information of the media upon withdrawal, and a display unit that visually represents the registered medium's details. The control part of the device plays a crucial role by obtaining information from the registered medium storage box and reflecting this data on the display for user registration, enhancing the overall user experience.

Career Highlights: Chang Ryong Kwak currently works at LG CNS Co., Ltd., a notable leader in tech and innovation, where he applies his expertise to develop cutting-edge financial solutions. His work reflects a dedication to advancing technology in the financial sector, contributing to the efficiency and security of transactional processes.

Collaborations: Within the innovative environment at LG CNS, Chang collaborates with talented professionals like Min Ho Sung. This teamwork continues to foster fresh ideas and approaches in financial technology, strengthening the overall impact of their contributions.

Conclusion: Chang Ryong Kwak stands out as an influential inventor whose patents serve to enhance the efficiency and functionality of financial technology. His innovative solutions not only benefit users but also contribute to the broader landscape of technology development in South Korea, establishing a solid foundation for future advancements.

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