Unknown Organization (20240378591). SYSTEM AND METHOD FOR PROVIDING PROFIT DISTRIBUTION SERVICE ACCORDING TO BLOCKCHAIN-BASED ASSET INVESTMENT simplified abstract
SYSTEM AND METHOD FOR PROVIDING PROFIT DISTRIBUTION SERVICE ACCORDING TO BLOCKCHAIN-BASED ASSET INVESTMENT
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SYSTEM AND METHOD FOR PROVIDING PROFIT DISTRIBUTION SERVICE ACCORDING TO BLOCKCHAIN-BASED ASSET INVESTMENT - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240378591 titled 'SYSTEM AND METHOD FOR PROVIDING PROFIT DISTRIBUTION SERVICE ACCORDING TO BLOCKCHAIN-BASED ASSET INVESTMENT
The present invention involves a system for providing a profit distribution service based on blockchain asset investment using NFTs. This system facilitates asset transactions by issuing asset-backed securities for live assets, such as intellectual property rights.
- Contract concluding unit for finalizing contracts with profit distribution structures for live assets at the request of the right holder.
- Security issuing unit for issuing profit-making securities based on the profit distribution structure of the live assets.
- Monitoring unit to track profits generated by the live assets covered in the contracts.
- Payment unit to pay out cryptocurrency equivalent to some of the profits when the live assets generate profits.
Potential Applications: - Investment platforms for intellectual property rights - Asset-backed securities markets - Blockchain-based profit distribution services
Problems Solved: - Streamlining asset transactions - Providing a secure and transparent profit distribution system - Enabling fractional ownership of live assets
Benefits: - Increased liquidity for asset holders - Efficient profit distribution mechanism - Enhanced security and transparency in asset transactions
Commercial Applications: Title: Blockchain-Based Asset Investment Profit Distribution System This technology can be utilized in investment platforms, financial markets, and asset management services to enhance efficiency, security, and transparency in profit distribution processes.
Prior Art: Readers can explore prior art related to blockchain-based asset investment, NFTs, and asset-backed securities to gain a deeper understanding of the technological landscape.
Frequently Updated Research: Stay informed about the latest developments in blockchain technology, asset investment strategies, and profit distribution mechanisms to leverage the full potential of this innovation.
Questions about Blockchain-Based Asset Investment Profit Distribution System: 1. How does this system ensure the security of asset transactions? 2. What are the potential risks associated with using cryptocurrency for profit distribution in this system?
Original Abstract Submitted
the present invention relates to a system for providing a profit distribution service according to blockchain-based asset investment using nft, and has an effect of providing a system and method for providing a profit distribution service according to blockchain-based asset investment, wherein an asset transaction is facilitated by issuing an asset-backed security for a live asset, such as an intellectual property right, by the system for providing a profit distribution service according to blockchain-based asset investment, the system comprising: a contract concluding unit for concluding a contract including a profit distribution structure regarding live assets, according to a request of a right holder who owns the live assets; a security issuing unit for issuing a profit-making security according to the profit distribution structure of the live assets for which the contract is concluded by the contract concluding unit; a monitoring unit for monitoring whether profits are made by the live assets for which the contract is concluded by the contract concluding unit; and a payment unit for, when the profits are made by the live assets as a result of the monitoring by the monitoring unit, paying in cryptocurrency of a same value as at least some of the profits for the security issued by the security issuing unit according to the contract concluded by the contract concluding unit.
