18439749. CRYPTOGRAPHIC DIGITAL ASSET ARCHITECTURE WITH SELECTIVELY-LOCKABLE DYNAMIC EVOLUTION simplified abstract (NIKE, Inc.)
Contents
CRYPTOGRAPHIC DIGITAL ASSET ARCHITECTURE WITH SELECTIVELY-LOCKABLE DYNAMIC EVOLUTION
Organization Name
Inventor(s)
Christopher Andon of Portland OR (US)
Nikhil Gopalani of Dublin OH (US)
Chris Le Howard of Salt Lake City UT (US)
Steven Vasilev of Miami FL (US)
CRYPTOGRAPHIC DIGITAL ASSET ARCHITECTURE WITH SELECTIVELY-LOCKABLE DYNAMIC EVOLUTION - A simplified explanation of the abstract
This abstract first appeared for US patent application 18439749 titled 'CRYPTOGRAPHIC DIGITAL ASSET ARCHITECTURE WITH SELECTIVELY-LOCKABLE DYNAMIC EVOLUTION
The patent application describes a method for distributing geolocation-influenced digital collectables by creating cryptographic tokens representing digital assets with evolving attributes, locking the evolution of the asset upon request, and generating a new cryptographic token based on the geolocation of the token holder.
- Creation of cryptographic tokens representing digital assets with evolving attributes
- Locking the evolution of the digital asset upon request
- Generating a new cryptographic token based on the geolocation of the token holder
- Deriving attributes of the new token from the evolutionary state of the digital asset defined by the original token
- Utilizing geolocation data to influence the generation of new tokens
Potential Applications: - Digital collectables with location-based features - Gamification applications tied to real-world locations - Enhanced security measures for digital assets
Problems Solved: - Ensuring the uniqueness and authenticity of digital collectables - Providing a method for users to lock the evolution of their digital assets - Leveraging geolocation data for personalized digital experiences
Benefits: - Increased engagement for users through personalized digital collectables - Enhanced security and control over the evolution of digital assets - Potential for new revenue streams through unique digital collectables
Commercial Applications: Title: "Geolocation-Influenced Digital Collectables: Enhancing User Engagement and Security" This technology can be applied in the gaming industry, digital art marketplaces, and location-based marketing campaigns to create unique and personalized digital experiences for users.
Questions about Geolocation-Influenced Digital Collectables: 1. How does geolocation data impact the generation of new cryptographic tokens? 2. What are the potential privacy concerns associated with using geolocation data in this context?
Frequently Updated Research: Stay updated on advancements in geolocation technology and cryptographic token standards to enhance the implementation of geolocation-influenced digital collectables.
Original Abstract Submitted
A method of distributing geolocation-influenced digital collectables includes instructing the creation of a plurality of first cryptographic tokens representing digital assets with at least one attribute configured to evolve over time; receiving a request to lock the evolution of the digital asset; receiving an indication of a geolocation of the token holder at the time the request to lock is received; and generating, based at least in part on the geolocation, a second cryptographic token having at least one attribute derived from the evolutionary state of the digital asset defined by the first cryptographic token at the time the request to lock was received.
