Company Filing History:
Years Active: 2011-2015
Title: Innovations in Secure Electronic Transactions: The Contributions of Kent H. Mages
Introduction
Kent H. Mages, an accomplished inventor based in Chicago, IL, has made significant contributions to the field of secure financial transactions. With a total of two patents to his name, he has focused on developing innovative solutions that enhance the security of electronic transactions, reflecting the growing need for safety in digital finance.
Latest Patents
Mages' latest patent, titled "Apparatus and Method for Conducting Secure Financial Transactions," discloses a robust system designed for conducting secure electronic transactions using dual-authentications. This invention features a secure server that stores security information for various users, authorizing transactions on their behalf. A user computer system equipped with a Trusted Platform Module (TPM) plays a crucial role in this process by safeguarding security data pertinent to user accounts. The invention creates protected environments that facilitate secure connections based on the stored security information. Consequently, transactions between users and electronic merchants, as well as those between users and secure servers, are conducted within these protected environments. Before completing any electronic transaction with merchants, the secure server authenticates the transaction, ensuring a higher level of security for users.
Career Highlights
Kent H. Mages has been a vital part of 4361423 Canada Inc., where he continues to enhance the company's portfolio with his inventions and insights. His work centers on improving the safety and reliability of electronic financial transactions, positioning the company at the forefront of technological advancements in finance.
Collaborations
Throughout his career, Mages has collaborated with notable individuals, including his coworkers Kenneth G. Mages and Chi Wah Lo. These collaborations have facilitated the development of innovative solutions in the field, showcasing the power of teamwork in addressing complex challenges related to secure electronic transactions.
Conclusion
Kent H. Mages' contributions to secure electronic transactions exemplify the critical role of innovation in today's digital world. His patents not only promote safety in financial transactions but also highlight the ongoing evolution of technology in protecting user data. As the demand for secure online transactions continues to grow, Mages' work will likely remain influential in shaping the future of financial security.