Samsung display co., ltd. (20240233202). NFT INFORMATION PROVIDING SYSTEM AND NFT INFORMATION PROVIDING METHOD simplified abstract

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NFT INFORMATION PROVIDING SYSTEM AND NFT INFORMATION PROVIDING METHOD

Organization Name

samsung display co., ltd.

Inventor(s)

DONG-HYUN Kim of Yongin-si (KR)

NFT INFORMATION PROVIDING SYSTEM AND NFT INFORMATION PROVIDING METHOD - A simplified explanation of the abstract

This abstract first appeared for US patent application 20240233202 titled 'NFT INFORMATION PROVIDING SYSTEM AND NFT INFORMATION PROVIDING METHOD

The abstract of the patent application describes a system that includes a server to generate a virtual image, another server to store NFT information, and a display device to interact with both servers. The display device has a sensing unit to detect an NFT object, a comparison unit with an image comparison processor to determine the corresponding NFT information from the second server using an image comparison algorithm, and a display unit to show the virtual image and NFT information.

  • The system includes a first server for generating virtual images and a second server for storing NFT information.
  • A display device with a sensing unit detects NFT objects, a comparison unit determines NFT information using an image comparison processor, and a display unit shows the virtual image and NFT information.
  • The system uses an image comparison algorithm implemented by the image comparison processor to match NFT objects with their corresponding information.
  • This technology enables efficient retrieval and display of NFT information for users interacting with NFT objects.
  • The system enhances the user experience by providing seamless access to relevant NFT data through image recognition technology.

Potential Applications: - Art and collectibles authentication - Virtual real estate transactions - Digital asset management

Problems Solved: - Streamlining access to NFT information - Enhancing user interaction with NFT objects

Benefits: - Improved user experience - Efficient retrieval of NFT data - Enhanced security in NFT transactions

Commercial Applications: Title: "Enhancing User Experience in NFT Interactions" This technology can be used in online marketplaces, art galleries, and digital asset platforms to provide users with a seamless and interactive experience when dealing with NFTs. It can also be integrated into virtual reality applications for enhanced immersion.

Questions about the technology: 1. How does the image comparison algorithm work to match NFT objects with their corresponding information? 2. What are the potential security implications of using this system in NFT transactions?


Original Abstract Submitted

a non-fungible token (nft) information providing system includes: a first server configured to generate a virtual image, a second server configured to store nft information, and a display device configured to communicate with the first server and the second server. the display device includes a sensing unit configured to sense an nft object, a comparison unit including an image comparison processor and configured to determine the nft information corresponding to the nft object, from the second server using image comparison algorithm implemented by the image comparison processor, and a display unit configured to display the virtual image and the nft information.

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