Vybe LLC (20240273514). COMPUTER IMPLEMENTED TOKENIZATION SYSTEM - A METHOD TO TOKENIZE AND CAPTURE CONTENT QUALITY simplified abstract
Contents
COMPUTER IMPLEMENTED TOKENIZATION SYSTEM - A METHOD TO TOKENIZE AND CAPTURE CONTENT QUALITY
Organization Name
Inventor(s)
Douglas L. Popovich of McLean VA (US)
COMPUTER IMPLEMENTED TOKENIZATION SYSTEM - A METHOD TO TOKENIZE AND CAPTURE CONTENT QUALITY - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240273514 titled 'COMPUTER IMPLEMENTED TOKENIZATION SYSTEM - A METHOD TO TOKENIZE AND CAPTURE CONTENT QUALITY
The computer-implemented tokenization system described in the abstract involves processors and memory devices executing instructions to perform tasks such as excavating content quality associated with creator accounts from various centralized platforms, tokenizing this content quality into a standard token for decentralized blockchain use, and dispersing tokenized likes to creators' wallets.
- Excavation for finding, collecting, and quantifying content quality from multiple centralized creator websites and software applications.
- Tokenization for converting content quality into a standard token for use on a decentralized blockchain.
- Dispersion for sending tokenized likes to creators' wallets.
Potential Applications: - Content quality assessment and tokenization for creators on various platforms. - Decentralized reward systems for creators based on content quality. - Blockchain-based systems for tracking and transferring digital assets.
Problems Solved: - Streamlining the process of evaluating and rewarding content quality. - Providing a secure and transparent way to tokenize and transfer digital assets. - Enhancing the efficiency of creator reward systems.
Benefits: - Improved transparency and fairness in rewarding creators. - Increased security and traceability of digital asset transfers. - Simplified process for converting content quality into tradable tokens.
Commercial Applications: Title: "Blockchain-Based Content Quality Tokenization System" This technology can be used in social media platforms, content creation websites, and digital asset marketplaces to enhance creator rewards, improve content quality assessment, and facilitate secure asset transfers.
Questions about the technology: 1. How does the tokenization process work in this system? 2. What are the potential challenges of implementing this technology on a large scale?
Frequently Updated Research: Stay updated on the latest developments in blockchain technology, decentralized systems, and digital asset management to understand the evolving landscape of tokenization and creator rewards.
Original Abstract Submitted
a computer-implemented tokenization system, comprising: one or more processors; one or more hardware-based memory devices storing executable instructions which, when executed by the one or more processors, cause the computer-implemented tokenization system to perform: excavation for finding, collecting and quantifying content quality associated with creator account from multiple centralized creator websites and software applications; and tokenization for converting content quality into a standard token that can be held, transferred and converted into other assets on a decentralized blockchain; and dispersion for sending tokenized likes to creators' wallets.
