Intertrust Technologies Corporation (20240211847). Product Rights Management Systems and Methods Using Secure Tags and Cryptographic Tokens simplified abstract
Contents
Product Rights Management Systems and Methods Using Secure Tags and Cryptographic Tokens
Organization Name
Intertrust Technologies Corporation
Inventor(s)
Yutaka Nagao of San Jose CA (US)
Talal Shamoon of Berkeley CA (US)
Albhy Galuten of Santa Monica CA (US)
Michael Manente of Sudbury MA (US)
Product Rights Management Systems and Methods Using Secure Tags and Cryptographic Tokens - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240211847 titled 'Product Rights Management Systems and Methods Using Secure Tags and Cryptographic Tokens
The disclosed systems and methods aim to facilitate rights management for physical products through the use of secure tags and non-fungible tokens.
- Secure tags, such as near field communication tags, are used to securely associate information with products and digital assets.
- Information associated with secure tags can be linked to non-fungible tokens, allowing for the management of rights related to products using blockchain and other trusted ledger services.
- Non-fungible token management paradigms enable the enforcement of rights associated with physical products in various applications and contexts.
Potential Applications: - Supply chain management - Anti-counterfeiting measures - Digital asset management
Problems Solved: - Ensuring authenticity of products - Protecting intellectual property rights - Streamlining rights management processes
Benefits: - Enhanced security for physical products - Improved traceability and transparency - Efficient management of rights and ownership
Commercial Applications: Title: Rights Management Solutions for Physical Products This technology can be utilized by manufacturers, retailers, and consumers to ensure the authenticity and ownership of physical products, leading to increased trust and confidence in the marketplace.
Prior Art: Researchers can explore prior art related to blockchain-based rights management systems, secure tagging technologies, and non-fungible token applications in the field of physical product management.
Frequently Updated Research: Stay updated on the latest advancements in blockchain technology, secure tagging solutions, and non-fungible token standards to enhance the effectiveness of rights management for physical products.
Questions about Rights Management Solutions for Physical Products: 1. How does this technology impact the traditional supply chain management processes? 2. What are the potential challenges in implementing non-fungible token management for physical products?
Original Abstract Submitted
embodiments of the disclosed systems and methods may facilitate various rights management associated with a variety of physical products. in various embodiments, information may be securely associated with products and/or digital assets associated with products using secure tags, which may comprise near field communication tags. information associated with the secure tags may be associated with non-fungible tokens, which may allow for management of rights related to products associated with the tags using blockchain and/or other trusted ledger services. in this manner, non-fungible token management paradigms may be used to manage, implement, and/or otherwise enforce rights associated with physical products in a variety of variety of applications, use cases, and/or contexts.
