Varaprasad Kotha

Title: Innovations by Varaprasad Kotha

Introduction

Varaprasad Kotha is an accomplished inventor based in Phoenix, AZ. He has made significant contributions to the field of secured account provisioning and payments, particularly for NFC-enabled devices. With a total of two patents to his name, Kotha's work showcases his expertise in developing advanced technological solutions.

Latest Patents

Kotha's latest patents include systems, methods, and articles of manufacture for secured account provisioning and payments using user computing devices. One of his notable inventions involves obtaining an account payload that comprises a payment credential associated with a transaction account of a user. This method generates a storage encryption key and a storage message authentication code key based on the device fingerprint and a storage root key. The account payload is then encrypted and stored in a secured database of the user computing device. Another patent focuses on secured account provisioning and payments specifically for NFC-enabled devices. This system receives an encrypted account provisioning request, decrypts it, retrieves a limited use payment credential, and generates an encrypted account payload using various keys based on the device fingerprint.

Career Highlights

Varaprasad Kotha is currently employed at American Express Travel Related Services Company, Inc. His role involves leveraging his innovative skills to enhance payment security and user experience in financial transactions. His contributions have been instrumental in advancing the capabilities of NFC technology in the financial sector.

Collaborations

Kotha has collaborated with notable colleagues such as Manish K Deliwala and Ajay Babu Maddukuri. These partnerships have fostered a creative environment that encourages the development of cutting-edge solutions in payment technology.

Conclusion

Varaprasad Kotha's work in secured account provisioning and payments has positioned him as a key innovator in the field. His patents reflect a commitment to enhancing security and efficiency in financial transactions. His contributions continue to influence the landscape of payment technology.