Sidharth Goel

Title: **Innovator Spotlight: Sidharth Goel**

Introduction

Sidharth Goel is an accomplished inventor based in Punjab, India, known for his contributions to the field of blockchain technology. With a focus on cryptographic currency transactions, Sidharth has secured two patents that reflect his innovative approach to enhancing digital ledger systems.

Latest Patents

Sidharth Goel's latest patent is titled "Method and System for User-Based Distributed Ledgers." This invention outlines a method for processing cryptographic currency transactions through user-based blockchain ledgers. The process begins with a blockchain node receiving a new transaction from a computing device, which includes essential information like unspent transaction outputs, sender and receiver public keys, a destination address, and the amount of cryptocurrency involved. The blockchain node identifies the sending blockchain associated with the sender's public key and validates it by generating a hash value. This value is then compared to a historic sender hash value. Following verification, a new sender hash value is generated and transmitted to several additional nodes within the blockchain network, ensuring the integrity and reliability of the transaction.

Career Highlights

Sidharth Goel is currently employed at Mastercard International Incorporated, where he applies his expertise in blockchain technology to innovative solutions in the financial sector. His role at Mastercard involves utilizing his inventions to improve the efficiency and security of cryptocurrency transactions, marking him as a key player in the evolution of financial technology.

Collaborations

Throughout his career, Sidharth has collaborated with talented colleagues such as Ayushi Jain and Ankur Sarwate. Together, they work towards leveraging cutting-edge technology to create solutions that meet the evolving needs of digital financial transactions.

Conclusion

Sidharth Goel is a remarkable inventor whose contributions to blockchain technology are paving the way for advancements in cryptographic currency transaction processing. With his patents and work at Mastercard International Incorporated, he continues to drive innovation in the realm of digital finance, demonstrating how effective collaboration and creativity can lead to groundbreaking inventions.