Company Filing History:
Years Active: 2024-2025
Title: Innovations of Seung Bong Baek
Introduction
Seung Bong Baek is a notable inventor based in Toronto, Canada. He has made significant contributions to the field of secure data communications and electronic transaction processing. With a total of four patents to his name, Baek's work is at the forefront of technological advancements in financial transactions.
Latest Patents
One of Baek's latest patents is titled "Systems and methods for secure data communications for streamlined electronic transaction processing." This invention describes a system that adaptively handles new transaction requests from users via portable devices through a web interface. The system can dynamically set device bindings and update fingerprint data payloads to avoid issues associated with stale bindings. Another significant patent is "System and method for multi-user session for coordinated electronic transactions." This invention provides a technical solution for coordinating electronic transactions across multiple instances, allowing at least two users to engage in secure transactions while restricting access to sensitive information through a trusted execution environment.
Career Highlights
Seung Bong Baek is currently employed at the Royal Bank of Canada, where he applies his expertise in developing innovative solutions for electronic transactions. His work has been instrumental in enhancing the security and efficiency of financial processes.
Collaborations
Baek collaborates with talented individuals such as Arnold Badal-Badalian and Edison U Ortiz, contributing to a dynamic team focused on advancing technology in the banking sector.
Conclusion
Seung Bong Baek's contributions to secure data communications and electronic transactions highlight his role as a leading inventor in the field. His innovative patents and collaborative efforts continue to shape the future of financial technology.