Company Filing History:
Years Active: 2008-2010
Title: Walker Humphries: Innovator in Automated Commodities Transactions
Introduction
Walker Humphries is a notable inventor based in Edina, MN (US). He has made significant contributions to the field of automated commodities transactions, holding a total of 2 patents. His work focuses on creating systems that enhance communication between producers and purchasers of commodities, thereby streamlining the transaction process.
Latest Patents
Humphries' latest patents include a system and method for automated commodities transactions that feature an automatic hedging function. This integrated virtual market facilitates communication between producers of a given commodity and parties wishing to purchase such commodities. The system provides real-time updated information about local pricing offered by purchasers. Producers can post offers that can be automatically accepted by purchasers, leading to the automatic generation of contracts. A critical aspect of this system is minimizing the risk associated with transactions. To address this, the virtual market system automatically requests and obtains futures contracts to hedge the contracts being generated.
Career Highlights
Walker Humphries is currently associated with Farms Technology, LLC, where he applies his innovative ideas to improve the efficiency of commodity transactions. His work has garnered attention for its potential to revolutionize how commodities are traded in the market.
Collaborations
Some of his notable coworkers include Gary Reding and Kent Beadle, who contribute to the collaborative environment at Farms Technology, LLC.
Conclusion
Walker Humphries stands out as an inventor dedicated to enhancing the efficiency of commodities transactions through innovative technology. His contributions are paving the way for more secure and streamlined trading processes in the commodities market.