This inventor holds 1 USPTO granted patent. Top assignee: Igt. Active years: 2016.
Company Filing History:
Years Active: 2016
Title: Ravikumar Paramasivam: Innovator in Paperless Wagering Solutions
Introduction
Ravikumar Paramasivam is a notable inventor based in Austin, TX, who has made significant contributions to the field of gaming technology. He holds a patent that introduces a novel approach to paperless wagering and payment systems. His innovative ideas have the potential to transform how consumers engage with lottery offerings and gaming opportunities.
Latest Patents
Ravikumar Paramasivam's patent, titled "System, device and method for paperless wagering and payment of winnings," outlines a transaction card that facilitates typical consumer transactions alongside lottery-related transactions. This card can incorporate a reader terminal that associates lottery tickets with the transaction instrument. The invention also provides new gaming opportunities, including personalized guaranteed prize structures and localized jackpots. The system allows for a lottery data processing system that communicates funding amounts to a multi-purpose transaction card based on lottery winnings.
Career Highlights
Ravikumar is currently associated with IGT, a leading company in gaming technology. His work focuses on developing systems that enhance user experience in gaming and lottery transactions. With a patent portfolio that includes 1 patent, he has demonstrated his ability to innovate within the industry.
Collaborations
Ravikumar has collaborated with notable colleagues such as Richard S Meehan and Paul Richard Schneider. These partnerships have likely contributed to the development and refinement of his innovative ideas.
Conclusion
Ravikumar Paramasivam is a forward-thinking inventor whose work in paperless wagering systems showcases his commitment to innovation in the gaming industry. His contributions have the potential to reshape consumer interactions with lottery offerings and enhance the overall gaming experience.