IP Library › Patent Application 19248260
Patent Application
App. No. 19/248,260

Systems and Methods for Transaction Management in NFT-Directed Environments

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Quick Facts
Patent No.
US None
App. No.
19/248,260
Abstract

Systems and techniques to facilitate transaction management in NFT-directed environments within an NFT platform are illustrated. One embodiment embeds an anchor into an application for utilizing tokens, wherein the anchor includes a verifier and an identifier unique to the application. The method verifies, using the verifier of the anchor, that a token is compatible with the application. The method imports the token into the application. The method associates the anchor with a lock, wherein the lock governs access to content of the token. The method identifies a completed transaction that changes access rights associated with the token, wherein the transaction is identified using at least one of information included in the anchor and information included in the lock. The method transmits, to a party to the transaction, a lock value, wherein the lock value, when detected by the lock, allows the party to access the token.

Claims (7)

1 . A method to facilitate royalty payments related to changes in access rights associated with a token, comprising:

embedding an anchor into an application for utilizing tokens, wherein the anchor comprises a verifier and an identifier unique to the application;

verifying, using the verifier of the anchor, that a token is compatible with the application;

importing the token into the application;

associating the anchor with a lock, wherein the lock governs access to content of the token;

identifying a completed transaction that changes access rights associated with the token, wherein the transaction is identified using at least one of information comprised in the anchor and information comprised in the lock; and

transmitting, to a party to the transaction, a lock value, wherein the lock value, when detected by the lock, allows the party to access the token.