Company Filing History:
1 out of 1 Years Active: 2024
Title: Innovations of Toby William Simpson
Introduction
Toby William Simpson is a notable inventor based in Cambridge, GB. He has made significant contributions to the field of technology, particularly in transaction systems and resource management. With a total of three patents to his name, his work reflects a deep understanding of complex systems and innovative solutions.
Latest Patents
One of his latest patents is titled "Transaction system and method of operation thereof." This invention describes a transaction system that includes multiple computing nodes interconnected via a data communication network to exchange encrypted data. The system employs a blockchain with entries recorded in a ledger, utilizing a directed acyclic graph (DAG) to define relationships between blocks. The DAG comprises proposed solutions to problems posed in smart contracts, which include machine-readable elements such as data specifications and algorithms. The system is designed to manage temporary data and algorithm code during transaction execution, adapting to new solutions as they arise.
Another significant patent is the "Resource management system and method of operation thereof." This invention maintains records related to transactions associated with resources through a distributed ledger arrangement. The system includes data processing nodes that communicate via a network, ensuring that new entries are verified before being recorded in corresponding chains. A filter arrangement limits communication regarding new entries to a subset of nodes for verification, enhancing the efficiency of the system.
Career Highlights
Toby William Simpson works at Uvue Ltd, where he continues to innovate and develop advanced technological solutions. His expertise in transaction systems and resource management has positioned him as a key figure in his field.
Collaborations
Some of his notable coworkers include Jonathan Ward and Troels Rønnow, who contribute to the collaborative environment at Uvue Ltd.
Conclusion
Toby William Simpson's contributions to technology through his patents demonstrate his innovative spirit and commitment to advancing the field. His work in transaction systems and resource management showcases the potential for technology to solve complex problems.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.