This inventor holds 2 USPTO granted patents. Top assignee: Giftcodes.com, LLC. Active years: 2016-2018.
Company Filing History:
Years Active: 2016-2018
Title: The Innovative Mind of Shawn D. Allen
Introduction
Shawn D. Allen is a notable inventor based in Gibsonia, PA (US). He has made significant contributions to the field of technology with his innovative ideas and solutions. With a total of 2 patents to his name, Allen continues to push the boundaries of what is possible in the realm of prepaid debit accounts.
Latest Patents
Allen's latest patents focus on systems and methods for purchasing prepaid debit accounts. One of his key inventions involves auctioning gift cards on the secondary market. The system he developed can receive a prepaid debit account for resale from an owner and determine its face value. It establishes a floor price and offers the prepaid debit account for sale via an auction, starting at an initial price above the floor price and up to and including the face value. The system can decrement the sale price at regular time intervals and end the auction when a purchaser buys the prepaid debit account at the decremented price. If no purchaser buys the account before the price drops below the floor price, the system can purchase the account from the owner for the floor price and store it in an inventory for resale.
Career Highlights
Shawn D. Allen is currently associated with Giftcodes.com, LLC, where he applies his expertise in developing innovative solutions for the market. His work has been instrumental in enhancing the efficiency and accessibility of prepaid debit accounts.
Collaborations
Allen collaborates with Jason Wolfe, leveraging their combined skills to drive innovation within their company.
Conclusion
Shawn D. Allen exemplifies the spirit of innovation through his patents and contributions to the technology sector. His work in auctioning prepaid debit accounts showcases his ability to create practical solutions that meet market needs.