Physical device for real-time minting of non-fungible tokens

US12380432B1 · kind B1 · utility

Assignee

• Cisco Technology, Inc. · US

Inventors

• Christopher Chan · Santa Clara, US
• Matthew Buckle · Cupertino, US
• Casing Chu · Redwood City, US
• Benjamin D. Dearinger · Bixby, US
• Himanshu Goyal · Fort Mill, US
• Kelly Kong · Santa Clara, US
• Ryan Russell Moore · San Diego, US

Key dates

• Filing date: Oct 24, 2022
• Grant date: Aug 5, 2025
• Expiry date: Oct 24, 2042

Classification

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

Abstract

Token minting environment includes a physical token minter that is accessible to a group of users. A user initiates a session to mint a non-fungible token associated with an image that the physical token minter generates. When the session is established, the physical token minter connects with a digital wallet associated with the user. The physical token minter identifies a physical interaction provided by the user, such as the user pulling a lever or pressing an input button that is proximate to the physical token minter. Upon identifying the user interaction, the physical token minter responds by triggering the creation of an image and the minting of a non-fungible token that links the image to the wallet of the user. The physical token minter then provides a digital representation of the image and an indication that a token for the image has been added to the digital wallet.