Google LLC (20240281476). Identifying Non-Fungible Tokens and Related Content for Indexing simplified abstract

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Identifying Non-Fungible Tokens and Related Content for Indexing

Organization Name

Google LLC

Inventor(s)

Daniel Patt of Saratoga CA (US)

Ibrahim Badr of New York NY (US)

Identifying Non-Fungible Tokens and Related Content for Indexing - A simplified explanation of the abstract

This abstract first appeared for US patent application 20240281476 titled 'Identifying Non-Fungible Tokens and Related Content for Indexing

The abstract of the patent application describes systems and methods for identifying token data by processing blockchain data to determine candidate token data associated with non-fungible tokens. The systems and methods analyze the output action of blockchain trigger events to determine if it acts similarly to non-fungible tokens based on certain standards. The identified token data is then indexed and can be surfaced in response to search queries.

  • Processing blockchain data to identify candidate token data
  • Analyzing output actions of blockchain trigger events to determine similarity to non-fungible tokens
  • Indexing identified token data for search queries
  • Surfacing indexed data in search results
  • Association of candidate token data with standards

Potential Applications: - Token identification and verification systems - Blockchain data analysis tools - Non-fungible token management platforms

Problems Solved: - Efficient identification of token data - Improved searchability of token data - Enhanced understanding of blockchain trigger events

Benefits: - Streamlined token data processing - Enhanced search capabilities for token data - Improved management of non-fungible tokens

Commercial Applications: Title: Token Data Identification System This technology can be applied in industries such as: - Cryptocurrency exchanges - Digital asset management firms - Blockchain development companies

Questions about Token Data Identification System: 1. How does this technology improve the management of non-fungible tokens? 2. What are the key features that differentiate this system from existing token identification methods?


Original Abstract Submitted

systems and methods for identifying token data can include processing blockchain data to determine candidate token data, which can be processed to determine whether the candidate token data is associated with a blockchain trigger event that is associated with a non-fungible token. the systems and methods can process the output action of a blockchain trigger event to determine whether the output action acts similar to the output action of a non-fungible token. the determination may be based on the candidate token data being associated with one or more standards. the identified token data can be indexed and can then be surfaced in response to a search query. the surfaced index data can be provided for display in a search results page.