20240013201. IN-GAME CRYPTOCURRENCY WALLETS simplified abstract (NFT Worlds, LLC)
Contents
IN-GAME CRYPTOCURRENCY WALLETS
Organization Name
Inventor(s)
Braydon Batungbacal of University Place WA (US)
IN-GAME CRYPTOCURRENCY WALLETS - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240013201 titled 'IN-GAME CRYPTOCURRENCY WALLETS
Simplified Explanation
The abstract describes a facility for operating a game on behalf of a player that incorporates cryptocurrency transactions. Here is a simplified explanation of the patent application:
- The facility operates a game and identifies an opportunity to perform a cryptocurrency transaction with the player.
- It also identifies a cryptocurrency wallet belonging to the player.
- The facility creates a cryptocurrency transaction based on the identified opportunity and the player's wallet.
- The created transaction is signed by the player's wallet.
- The facility then posts the signed transaction to a public blockchain using a cryptocurrency network.
Potential Applications of this Technology:
- Online gaming platforms that integrate cryptocurrency transactions.
- Virtual reality games that allow players to earn or spend cryptocurrencies.
- Gambling platforms that use cryptocurrencies for betting and payouts.
Problems Solved by this Technology:
- Simplifies the process of conducting cryptocurrency transactions within a game.
- Provides a secure and transparent method for handling in-game transactions.
- Enables players to use their existing cryptocurrency wallets for in-game transactions.
Benefits of this Technology:
- Allows players to easily engage in cryptocurrency transactions while playing games.
- Enhances the security and transparency of in-game transactions.
- Provides a seamless integration of cryptocurrencies into the gaming experience.
Original Abstract Submitted
a facility for operating a game on behalf of a player is described. the facility identifies an opportunity in the operation of the game to perform a cryptocurrency transaction with respect to the player, and identifies a cryptocurrency wallet belonging to the player. the facility creates a cryptocurrency transaction in accordance with the identified opportunity with respect to the identified cryptocurrency wallet, and causes the created cryptocurrency transaction to be signed by the identified cryptocurrency wallet. the facility causes the signed cryptocurrency transaction to be posted to a public blockchain by a cryptocurrency network.
