Fan Jiang

Title: Innovations by Fan Jiang in Payment Processing Systems

Introduction

Fan Jiang is an accomplished inventor based in Adliswil, Switzerland. He has made significant contributions to the field of payment processing systems, holding a total of four patents. His innovative work focuses on enhancing the security and efficiency of transactions through smart card technology.

Latest Patents

One of Fan Jiang's latest patents is a pending deposit for a payment processing system. This invention allows for depositing funds onto smart cards for use during purchases. The device creates a deposit request and transmits it to a remote system, which processes the request and sends a deposit record back to the device. If the device has network access, it transmits a deposit confirmation to the remote system, updating the smart card account. If the device cannot connect, the confirmation is transmitted during a future transaction, ensuring seamless processing.

Another notable patent is the presence-of-card code for an offline payment processing system. This invention prevents fraud during offline transactions by encoding a randomly-generated card verification code onto a smart card. The verification code is transmitted to a contactless device during each transaction, cross-referencing it with the account number to ensure the card's presence. Each transaction record is signed by an access key on the contactless device and certified by a signing key on a remote system, enhancing security.

Career Highlights

Fan Jiang is currently employed at Google Inc., where he continues to innovate in the field of payment technologies. His work has been instrumental in developing systems that improve transaction security and user experience.

Collaborations

Fan Jiang has collaborated with notable colleagues, including Michael William Springer and Aneto Okonkwo. Their combined expertise has contributed to the advancement of payment processing technologies.

Conclusion

Fan Jiang's innovative contributions to payment processing systems demonstrate his commitment to enhancing transaction security and efficiency. His patents reflect a deep understanding of technology and its application in everyday financial transactions.