Tuong T Tran

Title: Innovations by Tuong T Tran

Introduction

Tuong T Tran is an accomplished inventor based in Mountain View, CA (US). He has made significant contributions to the field of electronic commerce and payment systems. With a total of 2 patents, his work focuses on creating innovative solutions that enhance financial transactions.

Latest Patents

One of Tuong T Tran's latest patents is a real-time bank-centric universal payment system. This infrastructure defines a central processing system (CPU) that establishes an electronic commerce trust system. It is formed from a plurality of financial service provider members subscribing to a common standard applicable throughout the infrastructure. The CPU is interconnected to the correspondent processing units of financial service provider members, which are also connected through access mechanisms to a network of customers and goods and services providers. This system allows for non-revocable real-time debit and credit transactions and effects net settlement among members through a central exchange monetary system. Features of this infrastructure include an ECTS hot file, bill presentment and payment options, and provider-designed services that enhance brand identity.

Career Highlights

Throughout his career, Tuong T Tran has worked with notable companies such as Huntington Bancshares Incorporated and Hewlett-Packard Company. His experience in these organizations has contributed to his expertise in developing innovative payment solutions.

Collaborations

Some of his coworkers include William M Randle and Richard Ercole. Their collaboration has likely played a role in advancing the projects they have worked on together.

Conclusion

Tuong T Tran's contributions to the field of electronic commerce and payment systems demonstrate his innovative spirit and dedication to improving financial transactions. His patents reflect a commitment to creating efficient and reliable solutions for the industry.