Yuebin Shen

Title: Innovations by Yuebin Shen in Mobile Payment Technologies

Introduction

Yuebin Shen is a notable inventor based in Hangzhou, China. He has made significant contributions to the field of mobile payment technologies, holding 2 patents that enhance the efficiency and security of credit transactions.

Latest Patents

One of his latest patents is a credit payment method and apparatus based on card emulation of a mobile terminal. This innovation discloses technologies related to mobile credit payment. In this implementation, a credit payment request is generated and sent to a user account of a credit payment application (APP) installed on a mobile computing device. A payment response message is then received from the mobile computing device. The payment response message is parsed to identify an APP public key license. A pre-stored credit authorization public key is used to verify the APP public key license, and an APP public key is received from the APP public key license if the verification is successful. A payment deduction request is generated and sent to the user account of the credit payment APP. A payment authorization encrypted using asymmetric key encryption is received from the mobile computing device. The APP public key is used to decrypt the payment authorization, and a transaction log is recorded if the second response message is successfully decrypted.

Career Highlights

Yuebin Shen is currently employed at Advanced New Technologies Co., Ltd. His work focuses on developing innovative solutions that streamline mobile payment processes and enhance user security.

Collaborations

He collaborates with talented coworkers, including Xing Chen and Lei Wang, who contribute to the advancement of their projects.

Conclusion

Yuebin Shen's contributions to mobile payment technologies reflect his commitment to innovation and security in financial transactions. His patents are paving the way for more efficient payment methods in the digital age.