US Patent Issued to iCashe on Nov. 3 for "Method and apparatus for transmitting data via NFC for mobile applications including mobile payments and ticketing" (Indian, American Inventors)

ALEXANDRIA, Va., Nov. 3 -- United States Patent no. 12,783,843, issued on Nov. 3, was assigned to iCashe Inc. (Portland, Ore.).

"Method and apparatus for transmitting data via NFC for mobile applications including mobile payments and ticketing" was invented by Siva G. Narendra (Portland, Ore.), Saurav Chakraborty (West Bengal, India) and Prabhakar Tadepalli (Bangalore, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "A mobile device includes a smartcard controller that does not rely on power received from an interrogating RF field. The mobile device also includes a small inductive device capable of inductive coupling with an RFID reader. The smartcard controller includes circuitry to modulate an impedanc...