Company Filing History:
Years Active: 2023-2025
Title: The Innovations of Karl Cheng
Introduction
Karl Cheng is an accomplished inventor based in Singapore, known for his contributions to the field of blockchain technology. With a total of two patents to his name, Cheng has made significant strides in developing methods that enhance the efficiency and security of digital transactions.
Latest Patents
Cheng's latest patents include a groundbreaking method and system for mediated cross ledger stable coin atomic swaps using hashlocks. This innovative method involves receiving a swap request from a first computing device, which includes a first address associated with a first blockchain and a network identifier associated with a second blockchain. The process identifies a second computing device using the network identifier and a second address associated with the second blockchain. Cheng's invention generates a proof value and a hashlock using this proof value, transmitting the hashlock and addresses to the respective computing devices. It also verifies transactions on both blockchains and transmits the proof value to the blockchain nodes associated with each.
Career Highlights
Karl Cheng is currently employed at Mastercard Asia/Pacific Pte. Ltd., where he continues to innovate in the realm of financial technology. His work focuses on enhancing transaction processes and ensuring secure exchanges across different blockchain platforms.
Collaborations
Cheng collaborates with talented professionals in his field, including Srinath Ravinathan and Donghao Huang. Their combined expertise contributes to the advancement of innovative solutions in blockchain technology.
Conclusion
Karl Cheng's contributions to the field of blockchain technology through his patents and work at Mastercard Asia/Pacific Pte. Ltd. highlight his role as a significant innovator in the industry. His inventions pave the way for more secure and efficient digital transactions.