Company Filing History:
Years Active: 2022-2024
Title: **Innovative Contributions of Jae Hoon Oh in Virtual Asset Technology**
Introduction
Jae Hoon Oh is a prominent inventor based in Seongnam-si, South Korea, recognized for his impactful innovations in the field of virtual asset technology. With a total of four patents to his name, Oh has made significant strides in enhancing the transmission and identification processes associated with virtual assets.
Latest Patents
One of Jae Hoon Oh's latest patents is a **Method for virtual asset transmission**. This method provides a systematic approach for sending virtual assets from a sender at a sending virtual asset service provider (VASP) to a recipient at a receiving VASP. The process involves a series of verification requests to ensure the validity of the receiving account and to confirm that the transaction has been recorded on a blockchain network before updating the receiving account accordingly.
Another notable patent is the **Method and apparatus for identifying wallets associated with virtual asset service providers**. This innovation includes a method for identifying a wallet address linked with a VASP. It involves analyzing transactions associated with a target wallet address and comparing it against a list of known wallet addresses to classify the type of wallet address accurately. This classification can be achieved through routines that determine whether the wallet is a cold or hot wallet.
Career Highlights
Throughout his career, Jae Hoon Oh has contributed to notable organizations, including the Korea Internet & Security Agency and Lambda256 Co., Ltd. His work in these institutions has furthered the development of secure practices and technologies within the digital asset sector.
Collaborations
In his professional journey, Jae Hoon Oh has collaborated with distinguished colleagues such as Yong Hee Shin and Moon Hee Cho. These partnerships have fostered an environment of innovation and creativity, enabling the advancement of cutting-edge solutions in the realm of virtual assets.
Conclusion
Jae Hoon Oh's contributions to virtual asset technology through his innovative patents are paving the way for more secure and efficient transaction processes. As the field of digital assets continues to evolve, inventors like Oh will play a crucial role in shaping its future.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.