Location History:
- Mechanicsville, VA (US) (2024)
- Richmond, VA (US) (2024)
Company Filing History:
Years Active: 2024-2025
Title: Kenneth L Boyd: Innovator in Digital Payment Solutions
Introduction
Kenneth L Boyd is a notable inventor based in Mechanicsville, VA (US). He has made significant contributions to the field of digital payment solutions, holding a total of 4 patents. His work focuses on enhancing the efficiency and security of virtual cash transactions.
Latest Patents
One of Kenneth's latest patents is titled "Stored value payment instrument, having payment card characteristics, for virtual cash transactions." This invention outlines a method for transferring goods from a digital and bitcoin stored value transaction instrument-supporting vendor to a user device. The device can be registered with a cryptocurrency provider, allowing for seamless cryptocurrency-based transactions. The method includes receiving a user request for a transaction, transmitting consent, and utilizing a Quick Response (QR) code to specify the amount of cryptocurrency and the product or service to be exchanged. Additionally, it incorporates biometric characteristics to confirm transactions, ensuring a secure process.
Another significant patent is focused on "Systems and methods for preventing synthetic misappropriation events over an electronic network." This invention describes systems and methods designed to identify user communications and associated accounts, collect relevant data, and generate a virtual avatar based on this information. The virtual avatar interface component is then transmitted to the user device, enhancing communication security.
Career Highlights
Kenneth L Boyd is currently employed at Bank of America Corporation, where he continues to innovate in the financial technology sector. His work has been instrumental in developing solutions that address the challenges of digital transactions and cybersecurity.
Collaborations
Kenneth has collaborated with notable colleagues, including Srinath S Chakravarty and Steven Nathan Greene. Their combined expertise contributes to the advancement of innovative solutions in the banking and technology industries.
Conclusion
Kenneth L Boyd is a pioneering inventor whose work in digital payment solutions has made a significant impact on the industry. His patents reflect a commitment to enhancing transaction security and efficiency in an increasingly digital world.