Intel corporation (20240161077). Concept for Performing Operations on an Asset simplified abstract
Contents
- 1 Concept for Performing Operations on an Asset
- 1.1 Organization Name
- 1.2 Inventor(s)
- 1.3 Concept for Performing Operations on an Asset - A simplified explanation of the abstract
- 1.4 Simplified Explanation
- 1.5 Potential Applications
- 1.6 Problems Solved
- 1.7 Benefits
- 1.8 Potential Commercial Applications
- 1.9 Possible Prior Art
- 1.10 Unanswered Questions
- 1.11 Original Abstract Submitted
Concept for Performing Operations on an Asset
Organization Name
Inventor(s)
Clair Michael Bowman of Boise ID (US)
Prakash Narayana Moorthy of Beaverton OR (US)
Bruno Vavala of Hillsboro OR (US)
Marcela S. Melara of Beaverton OR (US)
Concept for Performing Operations on an Asset - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240161077 titled 'Concept for Performing Operations on an Asset
Simplified Explanation
The abstract of the patent application describes a method involving a non-fungible token (NFT) smart contract executed in a trusted environment to perform operations on an asset.
- Obtaining a request to perform an operation using the asset through the NFT smart contract in a trusted execution environment.
- Providing the request for a service to access the asset if it is from the current owner of the NFT smart contract.
- Obtaining a result from the service based on the request.
- Providing the result to the current owner of the NFT smart contract.
Potential Applications
This technology could be applied in digital asset management, secure transactions, and ownership verification.
Problems Solved
This technology solves the problem of secure and transparent asset transactions and ownership verification in a digital environment.
Benefits
The benefits of this technology include increased security, transparency, and efficiency in asset transactions and ownership verification processes.
Potential Commercial Applications
A potential commercial application of this technology could be in the digital art market for verifying ownership and authenticity of digital artworks.
Possible Prior Art
One possible prior art could be blockchain technology used for verifying ownership and transactions of digital assets.
Unanswered Questions
How does the trusted execution environment ensure the security of the operations performed on the asset?
The abstract does not provide details on how the trusted execution environment ensures the security of the operations performed on the asset.
What specific types of assets can be managed using this method?
The abstract does not specify the types of assets that can be managed using this method.
Original Abstract Submitted
various examples relate to methods, apparatuses, device, computer programs, computer systems and systems. a method comprises obtaining, by a non-fungible token (nft) smart contract being executed in a trusted execution environment, a request to perform an operation using the asset, providing, by the nft smart contract, the request for a service for providing access to the asset if the request is obtained from a current owner of the nft smart contract, obtaining, by the nft smart contract, a result provided by the service for providing access to the asset, the result being based on the request, and providing, by the nft smart contract, the result for the current owner of the nft smart contract.
