BANK OF AMERICA CORPORATION (20240281781). System and method for creating multiple asset pools to implement intelligent interactions in a metaverse simplified abstract

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System and method for creating multiple asset pools to implement intelligent interactions in a metaverse

Organization Name

BANK OF AMERICA CORPORATION

Inventor(s)

Ankit Chandra Agarwal of Gurugram (IN)

Srilaxmi Sreepalli of Hyderabad (IN)

Sujatha Balaji of Chennai (IN)

System and method for creating multiple asset pools to implement intelligent interactions in a metaverse - A simplified explanation of the abstract

This abstract first appeared for US patent application 20240281781 titled 'System and method for creating multiple asset pools to implement intelligent interactions in a metaverse

The abstract describes a system for creating multiple asset pools in a metaverse environment, where users can interact and obtain digital items through a combination of assets.

  • Metaverse server communicates with entity server for asset transactions
  • Users can request interactions to obtain digital items in virtual environments
  • Supplement assets may be required to obtain digital items
  • Users can enroll in asset pools associated with entities
  • Assets are exchanged between users and entities to complete transactions

Potential Applications: - Virtual reality gaming platforms - Online marketplaces for digital goods - Collaborative virtual workspaces

Problems Solved: - Facilitates asset transactions in virtual environments - Enables users to obtain digital items through asset pooling - Streamlines interactions between users and entities in the metaverse

Benefits: - Enhanced user experience in virtual environments - Efficient asset management and transactions - Increased collaboration and engagement in the metaverse

Commercial Applications: Title: "Enhancing Virtual Asset Transactions in the Metaverse" This technology can be utilized in virtual reality gaming platforms, online marketplaces for digital goods, and collaborative virtual workspaces to streamline asset transactions and enhance user experiences.

Questions about the technology: 1. How does the system ensure secure asset transactions in the metaverse? 2. What are the potential challenges in implementing asset pooling in virtual environments?


Original Abstract Submitted

a system for creating multiple asset pools comprises a metaverse server in communication with an entity server. a metaverse server receives a request for an interaction session from a first user avatar to obtain a digital item in a virtual environment. the metaverse server determines a supplement asset required to obtain the digital item. the metaverse server sends an asset request to an entity avatar associated with the entity server to obtain the supplement asset. the metaverse server receives and approves a request from a second user avatar with a second asset to enroll in an asset pool associated with an entity. the metaverse server receives the supplement asset corresponding to the second asset from the entity avatar associated with the entity server and completes the interaction session with a combination of a first asset of the first user avatar and the supplement asset to obtain the digital item.