Michael Koifman

Title: Michael Koifman: Innovator in Content Royalty Management

Introduction

Michael Koifman is a notable inventor based in Redwood City, CA (US). He has made significant contributions to the field of content royalty management, holding a total of 3 patents. His innovative work focuses on improving the efficiency and accuracy of royalty processing systems.

Latest Patents

One of Koifman's latest patents is a shared royalty platform for content royalty management. This patent discloses systems and methods for the dynamic processing of royalties. Sales records are processed on a transaction basis rather than in batch mode, allowing for retroactive corrections of information without delaying the entire processing. The system includes a message broker in communication with multiple clients and services, a state machine, a processor, and a time manager. The message broker interacts with the processor to execute a common service based on events produced by the state machine. Additionally, the method involves providing a rate matrix, receiving a sales record from a database, and calculating a royalty payment using the sales record and the rate matrix.

Career Highlights

Michael Koifman is currently employed at Equatrax, where he continues to develop innovative solutions in the realm of royalty management. His work has been instrumental in advancing the technology used in this field.

Collaborations

Some of his notable coworkers include Alec Miloslavsky and Cal O'Kelly, who contribute to the collaborative environment at Equatrax.

Conclusion

Michael Koifman's contributions to content royalty management through his innovative patents and collaborative efforts highlight his role as a key figure in the industry. His work continues to shape the future of royalty processing systems.