18234446. NFT INFORMATION PROVIDING SYSTEM AND NFT INFORMATION PROVIDING METHOD simplified abstract (Samsung Display Co., LTD.)
Contents
- 1 NFT INFORMATION PROVIDING SYSTEM AND NFT INFORMATION PROVIDING METHOD
- 1.1 Organization Name
- 1.2 Inventor(s)
- 1.3 NFT INFORMATION PROVIDING SYSTEM AND NFT INFORMATION PROVIDING METHOD - A simplified explanation of the abstract
- 1.4 Simplified Explanation
- 1.5 Potential Applications
- 1.6 Problems Solved
- 1.7 Benefits
- 1.8 Potential Commercial Applications
- 1.9 Possible Prior Art
- 1.10 Original Abstract Submitted
NFT INFORMATION PROVIDING SYSTEM AND NFT INFORMATION PROVIDING METHOD
Organization Name
Inventor(s)
DONG-HYUN Kim of Yongin-si (KR)
NFT INFORMATION PROVIDING SYSTEM AND NFT INFORMATION PROVIDING METHOD - A simplified explanation of the abstract
This abstract first appeared for US patent application 18234446 titled 'NFT INFORMATION PROVIDING SYSTEM AND NFT INFORMATION PROVIDING METHOD
Simplified Explanation
The abstract describes a system for providing information about non-fungible tokens (NFTs) using a virtual image and NFT information stored on servers, with a display device to interact with the servers and display the information.
- The system includes a first server to generate a virtual image, a second server to store NFT information, and a display device to communicate with both servers.
- The display device has a sensing unit to detect an NFT object, a comparison unit with an image comparison processor to determine the corresponding NFT information from the second server, and a display unit to show the virtual image and NFT information.
Potential Applications
This technology could be applied in the art world for verifying the authenticity of NFTs, in gaming for unique in-game items, and in collectibles for ensuring the uniqueness of digital assets.
Problems Solved
This system solves the problem of accurately identifying and providing information about NFTs, ensuring transparency and authenticity in the digital asset market.
Benefits
The system offers a reliable way to verify NFTs, enhances trust between buyers and sellers, and provides a user-friendly interface for accessing NFT information.
Potential Commercial Applications
One potential commercial application of this technology could be in online marketplaces for NFTs, where buyers and sellers can use the system to verify the authenticity of digital assets.
Possible Prior Art
Prior art in this field may include systems for verifying digital signatures, blockchain technology for tracking digital assets, and image recognition software for identifying objects in images.
Unanswered Questions
The article does not provide details on the security measures implemented to protect NFT information from unauthorized access or data breaches.
What are the limitations of the image comparison algorithm in accurately identifying NFT objects?
The article does not discuss the potential challenges or inaccuracies that may arise when using the image comparison algorithm to determine NFT information.
Original Abstract Submitted
A non-fungible token (NFT) information providing system includes: a first server configured to generate a virtual image, a second server configured to store NFT information, and a display device configured to communicate with the first server and the second server. The display device includes a sensing unit configured to sense an NFT object, a comparison unit including an image comparison processor and configured to determine the NFT information corresponding to the NFT object, from the second server using image comparison algorithm implemented by the image comparison processor, and a display unit configured to display the virtual image and the NFT information.
