Company Filing History:
Years Active: 2012-2014
Title: Innovations by John B Prather
Introduction
John B Prather is an accomplished inventor based in Las Vegas, NV. He holds 2 patents that showcase his contributions to the fields of electronic fund transfers and paper sheet handling systems. His innovative work has significantly impacted the gaming and financial industries.
Latest Patents
One of Prather's latest patents is a "System and method for electronic fund transfers for use with gaming systems." This electronic fund transfer (EFT) system is designed to manage and transfer electronic funds from a user's financial account to a credit system. It includes a secure payment gateway, a host system, and a funds management portal that reconciles the transferred electronic funds. The EFT device is equipped with a secure client-side application that allows users to transfer funds seamlessly.
Another notable patent is the "Paper sheet handling system, method of use thereof, and method of use of bar-code ticket handling machine." This invention involves a paper-sheet handling system that can manage bundles of paper-sheets, including banknotes and bar-code tickets. The system features a banknote handling machine and a bar-code ticket handling machine, both of which are connected to a host controller for efficient operation.
Career Highlights
Throughout his career, John B Prather has worked with several companies, including Automated Cash Systems, Inc. and Glory Ltd. His experience in these organizations has allowed him to develop and refine his innovative ideas, leading to the successful patents he holds today.
Collaborations
Prather has collaborated with notable individuals in the industry, including Will Wang Graylin and David M Weiss. These partnerships have contributed to the development of his inventions and have expanded his professional network.
Conclusion
John B Prather's contributions to innovation in electronic fund transfers and paper sheet handling systems demonstrate his expertise and creativity as an inventor. His work continues to influence the gaming and financial sectors, showcasing the importance of innovation in modern technology.