Nikhil Singh Shekhawat

Title: Nikhil Singh Shekhawat: Innovator in Electronic Payment Solutions

Introduction

Nikhil Singh Shekhawat is a prominent inventor based in Orlando, FL, known for his contributions to electronic payment technologies. With a total of two patents to his name, he has made significant strides in the field of secure transaction processing.

Latest Patents

Nikhil's latest patents focus on a "System and method for location-based token transaction processing." This innovative system encompasses various methods, systems, and machine-executable data structures designed for the secure creation, administration, manipulation, processing, and storage of electronic data. The technology is particularly useful in processing electronic payment transactions. Key aspects of this invention include providing an output at an electronic device that indicates a dynamically-configured electronic token is in a transaction-ready state. This token is associated with multiple loyalty accounts. The system responds to signals that provide information about the device's location, allowing it to obtain token data linked to the relevant loyalty account. Ultimately, the token generated from this data is routed for processing at a transaction processing system.

Career Highlights

Nikhil Singh Shekhawat is currently employed at the Royal Bank of Canada, where he applies his expertise in electronic payment solutions. His work has contributed to advancements in secure transaction processing, enhancing the efficiency and safety of electronic payments.

Collaborations

Some of Nikhil's notable coworkers include Edison U Ortiz and Arnold Badal-Badalian, who collaborate with him on various projects within the realm of electronic payment technologies.

Conclusion

Nikhil Singh Shekhawat is a key figure in the innovation of electronic payment systems, with patents that reflect his commitment to enhancing transaction security and efficiency. His work continues to influence the future of electronic payments.