Event-based distribution of cryptographically secured digital assets
US11727478B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Aug 23, 2021 |
| Grant date | Aug 15, 2023 |
| Priority date | — |
| Expiry date | Aug 23, 2041 |
Classification
- Technology area (CPC H)Electricity
- CPC primaryH04W4/80
- WIPO fieldDigital communication
- WIPO sectorElectrical engineering
Abstract
A method of event-based distribution of a cryptographically secured digital asset includes receiving, from a computing device associated with a user, an indication that the computing device is located at a predetermined venue within a predetermined window of time, receiving an indication that a conditional triggering event has occurred during the predetermined window of time, receiving, from the computing device, a unique owner identification (ID) code associated with the user, and transmitting a request to record a transfer of the cryptographically secured digital asset to the user on a distributed blockchain ledger. The request comprises both a unique digital asset ID code and the unique owner ID code, and transmitting the request to record the transfer of the cryptographically secured digital asset on the distributed blockchain ledger occurs only after the indication is received that the conditional event has occurred.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.