Thomas E Herald, Jr. is a notable inventor based in Oviedo, FL (US), recognized for his contributions to secure retail transaction systems. With a total of 6 patents, he has made significant advancements in the field of data security and transaction processing.

Latest Patents

One of his latest patents is titled "System, method and computer program product for secure retail transactions (SRT)." This invention outlines a comprehensive system that includes a seller device to generate seller information associated with a financial transaction, a unique, one-time-only transaction identification, and seller's financial institution data. The system is designed to enhance the security of retail transactions by ensuring that buyer data is encrypted and securely transmitted to the buyer's financial institution. Another significant patent is focused on "Storing and transmitting sensitive data." This computer-implemented method involves securely storing source data on a secondary device connected to a computing device, allowing for the secure transfer of sensitive information while bypassing the central processor.

Career Highlights

Thomas E Herald, Jr. is currently employed at Lockheed Martin Corporation, where he continues to innovate and develop technologies that enhance data security in financial transactions. His work has been instrumental in creating systems that protect sensitive information during retail transactions.

Collaborations

Some of his notable coworkers include Michael F Riera and Javier A Rivas, who contribute to the collaborative environment at Lockheed Martin Corporation.

Conclusion

Thomas E Herald, Jr. stands out as a key figure in the realm of secure transaction systems, with his innovative patents paving the way for safer retail transactions. His contributions are vital in the ongoing effort to enhance data security in financial operations.

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