Walter Charles Yund

Title: **Walter Charles Yund: A Pioneer in Blockchain Technology for Supply Chains**

Introduction

Walter Charles Yund, an innovative inventor based in Ballston Spa, NY, has made significant contributions to the field of supply chain management through his groundbreaking inventions. With a total of five patents to his name, Yund focuses on harnessing the power of blockchain technology to enhance transaction processing in industrial asset supply chains.

Latest Patents

Yund's recent patents reflect his commitment to improving efficiency and security in supply chains. One notable invention is the "Blockchain Enabled Transaction Processing for an Industrial Asset Supply Chain." This system facilitates transaction processing by allowing a first entity's computer processor to retrieve and record pre-delivery data of an industrial asset through a secure, distributed transaction ledger. Moreover, it enables a second entity's processor to record post-delivery information about the asset, such as its installation and operational status, thus ensuring a seamless transaction history.

Another significant patent by Yund is the "Blockchain Enabled Collaborative Transaction Information Processing for a Supply Chain." This invention allows two entities within a supply chain to exchange pertinent information through a distributed computer system. The first entity can store electronic records and identify key information about the supply chain, which is then recorded via a secure, distributed transaction ledger, promoting collaborative efforts between entities.

Career Highlights

Walter Charles Yund currently works with General Electric Company, where he applies his expertise in blockchain technologies to improve industrial processes. His career is marked by a dedication to innovation and the application of advanced technologies to solve complex supply chain challenges.

Collaborations

Throughout his career, Yund has collaborated with notable figures in the industry, including coworkers Joseph James Salvo and John William Carbone. These collaborations have further enriched his work, leading to more innovative solutions in the supply chain domain.

Conclusion

Walter Charles Yund's inventions are at the forefront of integrating blockchain technology into supply chain management. His patents represent a significant leap forward in securely processing transactions and fostering collaboration between entities. As industries continue to evolve, Yund's contributions will play a crucial role in shaping the future of supply chain innovation.