Stephen Prasad

Title: Innovations by Stephen Prasad

Introduction

Stephen Prasad is an accomplished inventor based in Karnataka, India. He has made significant contributions to the field of technology, particularly in the area of payment systems and toll management. With a total of 4 patents to his name, Prasad continues to innovate and improve existing systems.

Latest Patents

One of his latest patents is focused on enhancing security at toll booths through a code scanner. This invention involves methods, servers, devices, and registered terminals that require approval for toll charges. The system allows a server to receive a tollway transponder identifier from a vehicle and determine if a registered terminal is associated with it. If so, a toll approval request is sent to the terminal, which then communicates back to the server. The server checks if the terminal is within a defined distance from the toll booth and triggers a toll charge if approval is granted.

Another notable patent by Prasad is a method for preventing mobile payment. This method generates an authorization request based on sensitive data from a mobile device. The request is sent to an issuer system, which then sends a neutralization trigger. Upon receiving this trigger, the payment module is disabled, thereby enhancing security for mobile transactions.

Career Highlights

Stephen Prasad is currently employed at CA, Inc., where he applies his expertise in technology and innovation. His work focuses on developing systems that improve user experience and security in financial transactions.

Collaborations

Prasad has collaborated with talented individuals such as Sharath Lakshman Kumar and Mahesh Malatesh Chitragar. These collaborations have contributed to the successful development of his innovative solutions.

Conclusion

Stephen Prasad is a notable inventor whose work in toll management and mobile payment security showcases his commitment to innovation. His contributions continue to impact the technology landscape positively.