Unknown Organization (20240281779). APPARATUS AND METHODS FOR DELEGATING A ROLE ASSOCIATED WITH NONFUNGIBLE TOKENS (NFTS) USING A SELF-EXECUTABLE DATA STRUCTURE simplified abstract
Contents
- 1 APPARATUS AND METHODS FOR DELEGATING A ROLE ASSOCIATED WITH NONFUNGIBLE TOKENS (NFTS) USING A SELF-EXECUTABLE DATA STRUCTURE
- 1.1 Organization Name
- 1.2 Inventor(s)
- 1.3 APPARATUS AND METHODS FOR DELEGATING A ROLE ASSOCIATED WITH NONFUNGIBLE TOKENS (NFTS) USING A SELF-EXECUTABLE DATA STRUCTURE - A simplified explanation of the abstract
- 1.4 Simplified Explanation
- 1.5 Key Features and Innovation
- 1.6 Potential Applications
- 1.7 Problems Solved
- 1.8 Benefits
- 1.9 Commercial Applications
- 1.10 Prior Art
- 1.11 Frequently Updated Research
- 1.12 Questions about NFT Role Delegation
- 1.13 Original Abstract Submitted
APPARATUS AND METHODS FOR DELEGATING A ROLE ASSOCIATED WITH NONFUNGIBLE TOKENS (NFTS) USING A SELF-EXECUTABLE DATA STRUCTURE
Organization Name
Inventor(s)
Linda Lee Richter of Oakland CA (US)
APPARATUS AND METHODS FOR DELEGATING A ROLE ASSOCIATED WITH NONFUNGIBLE TOKENS (NFTS) USING A SELF-EXECUTABLE DATA STRUCTURE - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240281779 titled 'APPARATUS AND METHODS FOR DELEGATING A ROLE ASSOCIATED WITH NONFUNGIBLE TOKENS (NFTS) USING A SELF-EXECUTABLE DATA STRUCTURE
Simplified Explanation
The patent application describes a method and apparatus for delegating a role associated with a non-fungible token (NFT) using a self-executable data structure.
- The apparatus includes a processor and memory to receive a data collection with NFT-related data objects, verify NFT usage, determine associated roles, and generate a self-executable data structure for role delegation.
Key Features and Innovation
- Method for delegating roles associated with NFTs using a self-executable data structure.
- Utilizes a processor and memory to handle data collection, verification, role determination, and structure generation.
Potential Applications
This technology could be applied in various industries such as digital asset management, decentralized finance, and blockchain-based applications.
Problems Solved
- Streamlines the process of delegating roles associated with NFTs.
- Enhances the efficiency and security of managing NFT-related tasks.
Benefits
- Simplifies the delegation of roles within NFT ecosystems.
- Improves the organization and management of NFT-related data.
Commercial Applications
- Potential commercial uses include NFT marketplaces, digital collectibles platforms, and blockchain-based identity verification systems.
Prior Art
There may be prior art related to the delegation of roles within blockchain systems or NFT management technologies.
Frequently Updated Research
Stay updated on advancements in NFT technology, blockchain protocols, and decentralized applications to enhance the efficiency of role delegation processes.
Questions about NFT Role Delegation
This technology streamlines the process of delegating roles associated with NFTs, enhancing efficiency and security in managing NFT-related data.
What are the potential commercial applications of this innovation?
Potential commercial applications include NFT marketplaces, digital collectibles platforms, and blockchain-based identity verification systems.
Original Abstract Submitted
an apparatus and method for delegating a role associated with an nft using a self-executable data structure is disclosed. the apparatus includes at least a processor, and a memory communicatively connected to the at least a processor, the memory containing instructions configuring the at least a processor to receive a data collection, wherein the data collection comprises a plurality of data objects associated with at least one nft, verify at least a usage of the at least one nft as a function of the data collection, determine at least a role associated with the at least one nft, and generate a self-executable data structure, wherein the self-executable data structure is configured to delegate the at least a role associated with the at least one nft.
