Company Filing History:
Years Active: 2006-2018
Title: Max Levchin: Innovator in Mobile Value Exchange
Introduction
Max Levchin is a prominent inventor known for his contributions to mobile technology and value exchange systems. He is based in Palo Alto, CA (US) and holds 8 patents that reflect his innovative spirit and technical expertise. His work has significantly impacted the way transactions are conducted in the digital age.
Latest Patents
One of Levchin's latest patents is titled "System and methods for facilitating value exchanges using mobile devices." This invention outlines a system that allows a first party to initiate a transaction by selecting or providing an identifier of another party and the value to be exchanged. The second party can be identified through pre-existing identifiers such as email addresses or telephone numbers. The system notifies the second party of the transaction and invites them to register if they are not already a user. This system includes a synchronization server for exchanging transaction details, a communication server for registering new users, and a financial server for interacting with external financial institutions.
Another notable patent is "Automatic restitution of transaction fees, punishment of non-paying bidders, and management of appeals." This invention describes a method for resolving disputes in network-based transactions. It aims to automatically facilitate the restitution of value to parties involved in a transaction where a dispute has arisen. This is particularly useful in network-based commerce platforms and payment services.
Career Highlights
Levchin has had a remarkable career, having worked with notable companies such as eBay, Incorporated and PayPal, Inc. His experience in these organizations has allowed him to develop and refine his innovative ideas, contributing to the evolution of online transactions and payment systems.
Collaborations
Throughout his career, Levchin has collaborated with talented individuals, including David Li and David Young-June Kang. These collaborations have fostered an environment of creativity and innovation, leading to the development of groundbreaking technologies.
Conclusion
Max Levchin's contributions to mobile value exchange and transaction systems have made a lasting impact on the technology landscape. His patents and career achievements highlight his role as a leading innovator in the field.