20240013203. IN-GAME CRYPTOCURRENCY WALLETS simplified abstract (NFT Worlds, LLC)

From WikiPatents
Jump to navigation Jump to search

IN-GAME CRYPTOCURRENCY WALLETS

Organization Name

NFT Worlds, LLC

Inventor(s)

Max Holmes of Redmond WA (US)

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 20240013203 titled 'IN-GAME CRYPTOCURRENCY WALLETS

Simplified Explanation

The abstract describes a facility that operates a game on behalf of a player and enables cryptocurrency transactions within the game. The facility identifies opportunities to perform cryptocurrency transactions, identifies the player's cryptocurrency wallet, creates and signs cryptocurrency transactions, and posts them to a public blockchain.

  • The facility operates a game on behalf of a player and integrates cryptocurrency transactions.
  • It identifies opportunities within the game to perform cryptocurrency transactions.
  • The facility identifies the player's cryptocurrency wallet.
  • It creates a cryptocurrency transaction based on the identified opportunity and wallet.
  • The facility ensures the created transaction is signed by the player's wallet.
  • It posts the signed cryptocurrency transaction to a public blockchain through a cryptocurrency network.

Potential Applications:

  • Integration of cryptocurrency transactions within gaming platforms.
  • Enabling in-game purchases using cryptocurrencies.
  • Facilitating secure and transparent transactions within online gaming communities.

Problems Solved:

  • Simplifies the process of conducting cryptocurrency transactions within a game.
  • Provides a secure and transparent method for in-game transactions.
  • Eliminates the need for third-party intermediaries in gaming transactions.

Benefits:

  • Enables players to use their cryptocurrency holdings for in-game purchases.
  • Enhances the security and transparency of in-game transactions.
  • Streamlines the process of conducting cryptocurrency transactions within a game.


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.