Digital and physical asset transfers based on authentication
US12026684B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | May 6, 2022 |
| Grant date | Jul 2, 2024 |
| Priority date | — |
| Expiry date | Nov 3, 2042 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q2220/00
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
An apparatus for transferring virtual resources comprises a processor associated with a server. The processor is configured to conduct an interaction between a first user and an entity to transfer a physical object and a non-fungible token (NFT) to the first user, wherein the NFT is associated with the physical object. The processor is further configured to receive the NFT for storage in a first digital folder and to receive a request to establish an interaction session between a first avatar in a virtual environment and a second avatar associated with a second user. The processor is further configured to authorize the interaction session in response to authenticating the NFT and to conduct the interaction. The interaction includes initiating a transfer of the physical object from the first user to the second user and transmitting the NFT to a second digital folder associated with the second user.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.