Samsung display co., ltd. (20240135600). NFT INFORMATION PROVIDING SYSTEM AND NFT INFORMATION PROVIDING METHOD simplified abstract
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 20240135600 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 image comparison technology. The system includes servers for generating virtual images and storing NFT information, as well as a display device with sensing, comparison, and display capabilities.
- The system includes a first server for generating virtual images.
- A second server is used to store NFT information.
- A display device with sensing capabilities detects NFT objects.
- The comparison unit uses image comparison algorithms to determine NFT information from the second server.
- The display unit shows the virtual image and corresponding NFT information.
Potential Applications
The technology could be applied in the art world for verifying the authenticity of NFTs, in the gaming industry for unique in-game items, and in the fashion industry for tracking limited edition products.
Problems Solved
This technology solves the problem of verifying the authenticity of NFTs, providing a reliable way to link virtual assets to real-world objects.
Benefits
The system offers a secure and efficient method for managing NFT information, enhancing trust and transparency in the digital asset market.
Potential Commercial Applications
"Enhancing NFT Verification and Display with Image Comparison Technology"
Possible Prior Art
One possible prior art could be systems that use image recognition technology for authentication and verification purposes in various industries.
Unanswered Questions
The abstract does not provide details on how the system ensures the security and privacy of the stored NFT information. It would be essential to understand the measures in place to protect sensitive data.
What are the limitations of the image comparison algorithm in accurately determining NFT information?
The abstract mentions the use of an image comparison algorithm to determine NFT information, but it does not discuss any potential limitations or challenges associated with this technology. Understanding the accuracy and reliability of the algorithm is crucial for assessing the system's effectiveness.
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.
