Company Filing History:
Years Active: 2020-2025
Title: Sean Zhang: Innovator in Digital Asset Security and Cross-Border Payments
Introduction
Sean Zhang, an accomplished inventor based in Walnut Creek, California, has made significant strides in the fields of digital asset security and cross-border payment systems. With a total of three patents to his name, Sean's innovative ideas are shaping the future of financial technology.
Latest Patents
One of Sean's latest patents is the "Digital Asset Vault," which secures digital assets in a vault that interfaces with multiple different third-party wallets for the storage of keys and mnemonics. This vault interface is designed to accept inputs from various wallets, allowing for a combination of multiple encryptions and secure storage techniques. By employing numerous cryptographic mechanisms, the invention ensures that a mnemonic phrase can be securely pulled from a third-party wallet into an institution's vault. Notably, the method securely transports a customer's mnemonic phrase from a personal wallet into a secured institution's encrypted vault using the power of Hardware Security Modules (HSM) for encryption and decryption.
In addition, Sean developed "Systems and Methods for Cross-Border Payments via Distributed Ledger-Based Payment Rail." This revolutionary patent provides a computer-implemented method for handling funds transfer requests, which includes examining messages to identify both the sending and receiving financial institutions. In cases where both institutions operate nodes on a permissioned distributed ledger network, his method facilitates the transfer of funds using digital cash states issued in exchange for fiat currency cash.
Career Highlights
Sean Zhang works at Wells Fargo Bank, where he leverages his expertise in finance and technology to further enhance the banking industry through innovation. His work is focused on ensuring safe and efficient transactions in an increasingly digital world.
Collaborations
Throughout his career, Sean has collaborated with notable colleagues, including Kurt Paul Stevens and Mayur Chheda. Together, they contribute to groundbreaking projects and research that push the boundaries of modern financial solutions.
Conclusion
Sean Zhang is a prominent figure in the innovation landscape, particularly in digital asset security and cross-border payment systems. With his visionary patents and collaborative spirit, he continues to inspire advancements in technology that drive the financial sector forward.