Nam-Kyung Yoon

Title: Innovations of Nam-Kyung Yoon in Smart Contract Technology

Introduction

Nam-Kyung Yoon is an innovative inventor based in Yongin-si, South Korea. He has made significant contributions to the field of decentralized applications (DApps) through his patented technology. His work focuses on reducing smart contract fees, which enhances the accessibility of DApps for users.

Latest Patents

Nam-Kyung Yoon holds a patent titled "Method of reducing smart contract fee for DApp, and recording medium and compute server for performing the same." This patent discloses a method that minimizes smart contract fees for DApps. The process involves storing a parameter of a request reception event and a user's public key in a task queue of a computation server. The computation server performs the requested task, calls a state change function from a smart contract, and transmits the transaction result back to the user. The user pays a fee corresponding to the request reception event, while the computation server pays a fee for the state change of the smart contract. This innovative approach aims to increase the accessibility of DApps by minimizing and uniformizing fees.

Career Highlights

Nam-Kyung Yoon is associated with the Korea University Research and Business Foundation, where he continues to develop his innovative ideas. His work has positioned him as a notable figure in the realm of smart contract technology.

Collaborations

Nam-Kyung Yoon collaborates with talented individuals such as Hwangnam Kim and Seong-joon Park. Their combined expertise contributes to the advancement of research and development in the field of DApps.

Conclusion

Nam-Kyung Yoon's contributions to smart contract technology demonstrate his commitment to enhancing the functionality and accessibility of decentralized applications. His innovative methods pave the way for a more user-friendly experience in the DApp ecosystem.