Donald Kohl is an accomplished inventor based in Coral Springs, FL (US). He has made significant contributions to the field of technology with his innovative ideas and solutions. With a total of 2 patents to his name, Kohl has focused on developing systems that enhance financial transactions and payment distribution.

Latest Patents

Kohl's latest patents include a "System and process for dispensing value in response to an authorization over an electric data network." This patent describes an insurance payment distribution system designed to distribute data representative of money from a central station to selected individuals for use at designated locations. The system comprises a variety of distribution payment cards and a remote card processing unit. Each payment card can receive information about a specific amount of money and the permitted locations for its use. The remote card processing unit communicates with a computer network, allowing for modifications to the information on the cards based on data received from the central computer system.

Another notable patent by Kohl is the "System and processes for dispensing value to cardholder in response to an authorization over an electric data network." This patent shares similar features with the previous one, emphasizing the importance of secure and efficient financial transactions through advanced technology.

Career Highlights

Donald Kohl is currently associated with Efunds Corporation, where he continues to innovate and contribute to the development of financial technology solutions. His work has been instrumental in shaping modern payment systems, making transactions more accessible and efficient for users.

Conclusion

Donald Kohl's contributions to the field of technology through his patents reflect his commitment to innovation and improvement in financial systems. His work continues to influence the way transactions are conducted, showcasing the importance of inventors in advancing technology.