NEXON KOREA CORPORATION (20240378669). BLOCKCHAIN-BASED CHARACTER TRADING APPARATUS AND METHOD simplified abstract
Contents
BLOCKCHAIN-BASED CHARACTER TRADING APPARATUS AND METHOD
Organization Name
Inventor(s)
Gihyuk Ryu of Seongnam-si (KR)
Daeun Jeong of Seongnam-si (KR)
BLOCKCHAIN-BASED CHARACTER TRADING APPARATUS AND METHOD - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240378669 titled 'BLOCKCHAIN-BASED CHARACTER TRADING APPARATUS AND METHOD
The abstract describes a blockchain-based character trading apparatus and method that allows users to trade characters acquired in a game using an electronic wallet based on a blockchain.
- Simplified Explanation:
This patent application is for a system that enables users to trade in-game characters using a blockchain-based electronic wallet.
- Key Features and Innovation:
- Utilizes blockchain technology for character trading - Characters acquired in games can be traded securely - Electronic wallet system for storing and trading characters
- Potential Applications:
- In-game character trading platforms - Virtual asset marketplaces - Gaming industry applications
- Problems Solved:
- Secure trading of in-game characters - Transparent transactions using blockchain technology - Eliminates the risk of fraud or theft in character trading
- Benefits:
- Increased security in character trading - Efficient and transparent transactions - Enhanced user experience in gaming
- Commercial Applications:
Blockchain-based character trading platforms for gaming companies to enhance user engagement and monetization opportunities.
- Questions about Blockchain-based Character Trading:
1. How does blockchain technology ensure the security of character trading transactions? - Blockchain technology ensures security by creating a decentralized and transparent ledger of transactions that cannot be altered.
2. What are the potential challenges of implementing a blockchain-based character trading system? - Challenges may include scalability issues, regulatory concerns, and user adoption of the new technology.
Original Abstract Submitted
described herein are a blockchain-based character trading apparatus and method. the blockchain-based character trading apparatus includes: memory; and a controller configured to configure and trade a character, acquired in a game, in the form of an electronic wallet based on a blockchain.