Company Filing History:
Years Active: 2011
Title: Yen-Chang Chen: Innovator in Micropayment Systems
Introduction: Yen-Chang Chen, based in Fongshan, Taiwan, is an accomplished inventor recognized for his contributions to the field of micropayment systems. With a patent to his name, Chen has made strides towards enhancing transaction efficiency and security in digital payments.
Latest Patents: Yen-Chang Chen holds a patent titled "System, method, and computer readable medium for micropayment with varying denomination." This innovative solution utilizes a combination of secret values, public information, number base parameters, bit parameters, and merged one-way hash chains. The method he developed calculates a root that provides a transaction certificate among the customer, merchant, and service device. This invention aims to enable varying denominations in micropayment systems, significantly improving trade safety and enhancing efficiency during transaction processes.
Career Highlights: Currently employed at the Institute for Information Industry, Yen-Chang Chen has played a pivotal role in advancing technology within his organization. His work focuses on developing innovative solutions that meet the needs of modern financial transactions.
Collaborations: Throughout his career, Chen has collaborated with notable colleagues, including Sung-Ming Yen and His-Chung Lin. Their collective expertise contributes to ongoing innovations in the field, fostering an environment of creativity and advancement.
Conclusion: Yen-Chang Chen stands out as a significant inventor in the realm of micropayment technologies. His patent exemplifies a commitment to enhancing the efficiency and security of digital transactions, showcasing how innovation can transform financial interactions in an increasingly digital world.