Company Filing History:
Years Active: 2008-2010
Title: Mark Schulze: Innovator in Automated Commodities Transactions
Introduction
Mark Schulze is a notable inventor based in Edina, MN (US). He has made significant contributions to the field of automated commodities transactions, holding a total of 2 patents. His work focuses on creating systems that enhance communication between producers and purchasers of commodities.
Latest Patents
One of Schulze's latest patents is a system and method for automated commodities transactions that includes an automatic hedging function. This integrated virtual market facilitates communication between producers of a given commodity and parties wishing to purchase such commodities. The system provides real-time updated information about local pricing offered by purchasers. Producers can post offers that can be automatically accepted by purchasers, leading to the automatic generation of contracts. A critical aspect for purchasers is minimizing the risk associated with these transactions. To address this, futures contracts are often obtained. The virtual market system automatically requests and obtains futures contracts to hedge the contracts being generated.
Career Highlights
Mark Schulze is currently associated with Farms Technology, LLC, where he continues to innovate in the field of commodities transactions. His work has been instrumental in developing systems that streamline the purchasing process for commodities, making it more efficient and less risky for all parties involved.
Collaborations
Some of his coworkers include Gary Reding and Kent Beadle, who contribute to the innovative environment at Farms Technology, LLC.
Conclusion
Mark Schulze's contributions to automated commodities transactions demonstrate his commitment to innovation and efficiency in the market. His patents reflect a deep understanding of the complexities involved in commodity trading and the importance of minimizing risk for purchasers.