Hung-Tsai Yen

Title: Innovations of Hung-Tsai Yen in Contactless Payment Technology

Introduction

Hung-Tsai Yen is a notable inventor based in Yijhu Township, Taiwan. He has made significant contributions to the field of mobile communication and payment systems. His innovative approach to managing contactless payment transactions has garnered attention in the technology sector.

Latest Patents

Hung-Tsai Yen holds a patent for a "System and method of managing contactless payment transactions using a mobile communication device as a stored value device." This invention involves a method and apparatus for handling payment transactions in a system that utilizes mobile communication devices as stored value devices. The transaction operations server receives multiple records of the transaction from the stored value device—one via a communication channel through the telecommunication provider network, and another via an independent communication channel. The records are reconciled at the transaction server for transaction verification. This patent highlights his innovative approach to enhancing the efficiency and security of mobile payment systems. He has 1 patent to his name.

Career Highlights

Hung-Tsai Yen is associated with Macronix International Co., Ltd., where he has been instrumental in developing advanced technologies in the field of mobile communications and payment systems. His work has contributed to the company's reputation as a leader in semiconductor solutions.

Collaborations

Some of his notable coworkers include Albert C Sun and Pao-Chieh An, who have collaborated with him on various projects within the company.

Conclusion

Hung-Tsai Yen's contributions to contactless payment technology reflect his innovative spirit and dedication to advancing mobile communication systems. His work continues to influence the industry and pave the way for future advancements in payment solutions.