Company Filing History:
Years Active: 2024
Title: Innovations by Sandeep Reddy Kothapeta
Introduction
Sandeep Reddy Kothapeta is an accomplished inventor based in Hyderabad, Telangana, India. He has made significant contributions to the field of information security through his innovative patent. His work focuses on enhancing the security and energy efficiency of Automated Teller Machines (ATMs).
Latest Patents
Sandeep holds a patent for a microelectromechanical system (MEMS) designed for ATM information security. This invention involves a smart-dust information security and energy optimization process that utilizes tiny MEMS, each less than 1 mm in size. These systems are strategically deployed around the internal and external components of ATMs. The MEMS are equipped with various sensors that detect component malfunctions and identify security threats, such as card skimmers. Additionally, they help place the ATM in a reduced energy state whenever possible. The interoperable components and sensors include batteries, wireless transmitters, processors, memory, and various types of detectors, all communicating wirelessly with each other and the ATM.
Career Highlights
Sandeep is currently employed at Bank of America Corporation, where he continues to innovate and contribute to advancements in financial technology. His work is pivotal in ensuring the security and efficiency of banking operations.
Collaborations
Sandeep has collaborated with notable colleagues, including Yingcai Peng and Maneesh Kumar Sethia, to further enhance his projects and innovations.
Conclusion
Sandeep Reddy Kothapeta's contributions to the field of information security through his innovative patent demonstrate his commitment to improving technology in the banking sector. His work not only enhances security but also promotes energy efficiency in ATMs.