Company Filing History:
Years Active: 2013
Title: Trevor Robert MacLean: Innovator in Reward Currency Exchange
Introduction
Trevor Robert MacLean is a notable inventor based in Toronto, Canada. He has made significant contributions to the field of reward currency exchange, holding 2 patents that showcase his innovative approach to facilitating transactions between loyalty programs.
Latest Patents
One of his latest patents is titled "Apparatus and method of facilitating the exchange of points between selected entities." This invention relates to a system and method for exchanging first points held by a customer for second points, wherein the first points issued by a first point issuer differ from the second points issued by a second point issuer. The method allows customers to set a first number of points to be exchanged and enables point issuers to set their respective withdrawal and deposit rates. An equivalent number of second points is then determined based on these rates, allowing for a seamless exchange process.
Another significant patent is the "System and method for exchanging reward currency." This invention provides methods and systems for users to exchange reward currency, such as points, between different loyalty programs at an exchange rate agreed upon by the users. The process involves receiving an offer to exchange points from one user, which is then made available to others. Once accepted, the account balances of both users are adjusted accordingly, potentially with a fee that is forwarded to the loyalty programs.
Career Highlights
Trevor MacLean is currently associated with Points.com Inc., a company that specializes in loyalty program management and reward currency exchange. His work at Points.com Inc. has allowed him to develop innovative solutions that enhance user experience in loyalty programs.
Collaborations
Throughout his career, Trevor has collaborated with notable colleagues, including Christopher John Douglas Barnard and Jerry Philip. These collaborations have contributed to the development of his patents and the advancement of reward currency exchange systems.
Conclusion
Trevor Robert MacLean is a pioneering inventor whose work in reward currency exchange has the potential to transform how loyalty programs operate. His innovative patents reflect a deep understanding of user needs and market dynamics, making him a significant figure in the field of innovations related to reward systems.