Invention Grant
- Patent Title: Systems and methods for provisioning cryptographic digital assets for blockchain-secured retail products
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Application No.: US15931764Application Date: 2020-05-14
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Publication No.: US11295318B2Publication Date: 2022-04-05
- Inventor: Christopher Andon , Hien Tommy Pham
- Applicant: NIKE, Inc.
- Applicant Address: US OR Beaverton
- Assignee: NIKE, Inc.
- Current Assignee: NIKE, Inc.
- Current Assignee Address: US OR Beaverton
- Agency: Quinn IP Law
- Main IPC: G06Q30/06
- IPC: G06Q30/06 ; H04L9/08 ; G06F16/23 ; H04L29/08 ; G06Q30/00 ; G06Q20/36 ; G06Q10/10 ; H04L67/10 ; G06Q20/04

Abstract:
Presented are cryptographic digital assets for retail products, methods for making/using such cryptographic digital assets, and computing systems for generating, intermingling, and exchanging blockchain-protected products. A method for provisioning cryptographic digital assets associated with retail product transfers includes broadcasting notifications of a future transaction of a retail product, and receiving, over a distributed computing network from the computing devices of multiple users, requests to participate in the transaction. A select number of users is added to a virtual line associated with the retail product transaction; from the virtual line, a first user is selected to receive the retail product and a second user is selected to receive a cryptographic digital asset containing a digital retail product and a unique digital asset code. The cryptographic digital asset is transferred to the second user's digital wallet, and the unique digital asset code is recorded on a record block of a blockchain ledger.
Public/Granted literature
- US20200273048A1 SYSTEMS AND METHODS FOR PROVISIONING CRYPTOGRAPHIC DIGITAL ASSETS FOR BLOCKCHAIN-SECURED RETAIL PRODUCTS Public/Granted day:2020-08-27
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