System and method for providing cryptographically secured digital assets

US11736284B2 · kind B2 · utility

Assignee

• NIKE, Inc. · US

Inventors

• Christopher Andon · Portland, US
• Matthew Davis · San Francisco, US
• Hien Tommy Pham · Happy Valley, US
• Jeremy Schroeder · Sapulpa, US

Key dates

• Filing date: May 3, 2021
• Grant date: Aug 22, 2023
• Expiry date: May 28, 2041

Classification

• Technology area (CPC H): Electricity
• CPC primary: H04L9/50
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A method of provisioning or distributing a cryptographic digital asset and supervising a secondary transfer of the digital asset includes receiving a transaction confirmation indicative of a completed transaction of a product from a first party to a second party; determining or receiving a unique owner identification (ID) code or wallet address of the second party; recording or transmitting a request to record ownership of the cryptographic digital asset to the unique owner identification (ID) code or wallet address of the second party; receiving a request to transfer the cryptographic digital asset to a second unique owner identification (ID) code or second wallet address; and recording or transmitting a request to record ownership of the cryptographic digital asset to the second unique owner identification (ID) code or second wallet address.