Gregory Liokumovich

Title: Gregory Liokumovich: Innovator in Electronic Transaction Processing

Introduction

Gregory Liokumovich is a notable inventor based in Oberursel, Germany. He has made significant contributions to the field of electronic transactions, holding 2 patents that showcase his innovative approach to technology.

Latest Patents

One of Gregory's latest patents is focused on the processing schedule of an electronic transaction. This invention provides mechanisms for determining a processing schedule for transactions performed between at least two communication devices. The method involves a decision engine that obtains an indication of the transaction and determines how much processing will occur on-chain using a Blockchain platform versus off-chain using an off-chain computing platform. The processing schedule is established based on parameters that identify the processing load and performance of both platforms. Additionally, the method initiates transaction processing according to the established schedule, which includes executing smart contracts and opening communication channels as needed.

Another significant patent by Gregory involves the authentication of a client. This method includes determining the device used for client authentication, receiving parameter values, and authenticating the client based on these values. This innovation enhances security measures in electronic transactions.

Career Highlights

Throughout his career, Gregory has worked with prominent companies, including Telefonaktiebolaget LM Ericsson (publ) and Ericsson AB. His experience in these organizations has contributed to his expertise in electronic transaction technologies.

Collaborations

Gregory has collaborated with notable professionals in his field, including Natalie Kather and Bernhard Michler. Their joint efforts have further advanced the innovations in electronic transaction processing.

Conclusion

Gregory Liokumovich is a distinguished inventor whose work in electronic transaction processing has paved the way for advancements in the industry. His patents reflect a deep understanding of technology and its applications in modern transactions.