This inventor holds 4 USPTO granted patents and 2 published patent applications and 1 EPO patent. Top assignee: Visa International Service Association. Active years: 2019-2025.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile
Company Filing History:
Years Active: 2019-2025
Title: The Innovative Mind of Sachin Cherian Mathew
Introduction
Sachin Cherian Mathew is a prominent inventor based in Singapore, known for his contributions to the field of transaction settlement systems. With a total of 4 patents to his name, he has made significant strides in integrating cryptocurrencies into traditional financial models.
Latest Patents
One of his latest patents is a system and method for transaction settlement that utilizes cryptocurrencies within the existing Four Party Model. This innovative approach allows for transactions between merchants and consumers who may use or accept either fiat or cryptocurrency. An intermediary wallet entity is introduced to assume the risk associated with cryptocurrency transactions. In this model, fiat-fiat transactions follow the usual settlement process, while crypto-crypto transactions can occur in real time. For transactions involving a fiat merchant and a crypto customer, the settlement is made from the customer's crypto wallet to the intermediary wallet, with fiat settlement occurring between the intermediary and the merchant. Conversely, in a crypto merchant and fiat customer transaction, funds are transferred from the intermediary wallet to the merchant's crypto wallet, with fiat settlement between the customer's bank and the intermediary following the standard process.
Career Highlights
Sachin currently works at Visa International Service Association, where he applies his expertise in transaction systems and cryptocurrency integration. His work has positioned him as a key player in the evolving landscape of digital finance.
Collaborations
He collaborates with talented professionals such as Krishna Nellutla and Thai Binh Do Nguyen, contributing to innovative projects that push the boundaries of financial technology.
Conclusion
Sachin Cherian Mathew's work exemplifies the intersection of technology and finance, showcasing how innovative solutions can enhance transaction processes in a rapidly changing digital world. His contributions are paving the way for future advancements in the financial sector.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile