Bank of America Corporation (20240250818). NON-FUNGIBLE TOKEN WITH ADAPTABLE DIGITAL FILES simplified abstract

NON-FUNGIBLE TOKEN WITH ADAPTABLE DIGITAL FILES

Organization Name

Bank of America Corporation

Inventor(s)

Anna Kristen Pingel Berry of Indian Land SC (US)

Shweta Ambulkar of Plainsboro NJ (US)

Benjamin Daniel Hardman of Harrisburg NC (US)

Angela Ianni of Lincoln RI (US)

Ravi Joshi of Pennington NJ (US)

Olga Kocharyan of Matthews NC (US)

Luqman Sharief of Libertyville IL (US)

Michael Wm. Whitaker of Fort Worth TX (US)

NON-FUNGIBLE TOKEN WITH ADAPTABLE DIGITAL FILES - A simplified explanation of the abstract

This abstract first appeared for US patent application 20240250818 titled 'NON-FUNGIBLE TOKEN WITH ADAPTABLE DIGITAL FILES

Simplified Explanation: The patent application describes a system where a digital file linked to a non-fungible token (NFT) can be adapted or altered based on predefined conditions, providing an indication of changes in user authenticity.

• **Key Features and Innovation:**

   - Adaptation of digital files linked to NFTs based on predefined conditions.
   - Presentation of adapted digital files to indicate changes in user authenticity.
   - Use of NFT metadata-defined adaptation rules and criteria.

• **Potential Applications:**

   - User authentication in computing networks or applications.
   - Verification of user identity.
   - Conveying user authenticity to others within a network.

• **Problems Solved:**

   - Providing a dynamic way to indicate changes in user authenticity.
   - Enhancing security measures in user verification processes.

• **Benefits:**

   - Improved user authentication processes.
   - Real-time indication of changes in user authenticity.
   - Enhanced security measures in computing networks.

• **Commercial Applications:**

   - Secure authentication systems for online platforms.
   - Identity verification services for digital applications.
   - Integration with blockchain technology for enhanced security.

• **Questions about the Technology:**

   * **How does the adaptation of digital files based on NFT metadata-defined rules enhance user authentication processes?**
       - The adaptation allows for real-time changes in user authenticity to be indicated, providing a dynamic verification process.
   * **What are the potential implications of using this technology in online marketplaces or social media platforms?**
       - The technology could enhance security measures and user trust in online interactions, leading to a more secure digital environment.

Original Abstract Submitted

adaptation/alteration of the digital file referenced to an underlying non-fungible token (nft). adaptation/alteration of the digital file occurs via nft metadata-defined adaptation rules and criteria, i.e., predefined conditions or events that trigger the occurrence of digital file adaptation. the adapted digital file may be presented to users to indicate a change in a state associated with a specific type of nft. for example, the nft may be an authentication nft used to verify the identity of a user/users and the digital file may be presented within computing networks or applications as a means of conveying user authenticity to other users within the computing network or application. the predefined conditions are security events that have a positive/negative impact on the authenticity of the user or group of users. occurrence of one or more of the predefined security events triggers adaptation and presentation of the adapted digital file which provides an indication of an increase/decrease in the level of authenticity associated with the user/users.