IP Library › Granted Patent US 12,014,349
Granted Patent B2
US 12,014,349 · App. 18/155,479 · Granted Jun 18, 2024

Transmitting and receiving embedded digital tokens within a blockchain environment

Inventors: Jim M. Mohen (Stamford, CT); John W. Masotti (Stamford, CT); Leon Afanasyev (Stamford, CT); Timur Nutfullin (Kazam, RU)
Assignee: Web3 IP Holdings LLC
G06Q20/326G06Q20/367G06Q30/0207G10L19/00
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Quick Facts
Patent No.
US 12,014,349
App. No.
18/155,479
Granted
Jun 18, 2024
Kind
B2
Abstract

A system, method, apparatus, and computer program product for interactively broadcasting value via a sound, a Wi-Fi, a Bluetooth, an email, a messaging, an RFID, or an NFC to incentivize direct consumer engagement. The system produces verifiable data on customer preferences, habits, and purchasing while using secure digital cryptographic technology to convey an item of value. The system is configured to transact a digital token normally carried on a blockchain leger in an off-ledger condition. The digital token is embedded with a media content. A mobile computing device having a representation of a digital wallet is configured to detect the digital token, decode the digital token and transfer the digital token back to the blockchain ledger. When validated by the blockchain ledger, the digital token is transacted to a digital wallet on the blockchain ledger.

Claims (35)

1. A method of transacting a value of a digital token on a blockchain ledger comprising:

encoding the digital token carried on the blockchain ledger as an encoded digital token;

embedding the encoded digital token in a media content;

transmitting the encoded digital token in an off-ledger condition during a playback of the media content; and

receiving the media content containing the encoded digital token by a representation of a digital wallet operating on a mobile computing device;

decoding the encoded digital token by the representation of the digital wallet as a decoded digital token;

submitting the decoded digital token to the blockchain ledger via a communication network;

validating the decoded digital token against the digital token on the blockchain ledger; and

when validated, reflecting the digital token in a digital wallet on the blockchain ledger, the digital wallet corresponding to the representation of the digital wallet on the mobile computing device.

2. The method of claim 1 , further comprising:

embedding a survey in the media content;

receiving the media content by the representation of the digital wallet; and

submitting the decoded digital token to the blockchain ledger upon completion of the survey.

3. The method of claim 1 , further comprising:

submitting information from the mobile computing device in exchange for the digital token.

4. The method of claim 1 , further comprising:

targeting the media content to a targeted demographic group.

5. A non-transitory computer-readable memory adapted for use by a content distribution service provider to distribute digital token, the non-transitory computer-readable memory used to direct a computer of the content distribution service provider to perform the steps of:

encoding a digital token carried on a blockchain ledger as an encoded digital token;

embedding the encoded digital token in a media content;

transmitting the encoded digital token in an off-ledger condition during a playback of the media content; and

receiving the media content containing the encoded digital token by a representation of a digital wallet operating on a mobile computing device;

decoding the encoded digital token by the representation of the digital wallet as a decoded digital token;

validating the decoded digital token against the digital token on the blockchain ledger; and

when validated, reflecting the digital token in a digital wallet on the blockchain ledger, the digital wallet corresponding to the representation of the digital wallet on the mobile computing device.

6. The non-transitory computer-readable memory of claim 5 , further comprising:

submitting the decoded digital token to the blockchain ledger via a communication network.

7. The non-transitory computer-readable memory of claim 5 , further comprising:

embedding a survey in the media content;

receiving the media content by the representation of the digital wallet; and

submitting the decoded digital token to the blockchain ledger upon completion of the survey.

8. The non-transitory computer-readable memory of claim 5 , further comprising:

submitting information from the mobile computing device in exchange for the digital token.

9. The non-transitory computer-readable memory of claim 5 , further comprising:

targeting the media content to a targeted demographic group.

Assignments (2)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded May 14, 2024
From: TING TECH LLC
To: WEB3 IP HOLDINGS LLC
Reel/Frame 067408/0990 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Nov 1, 2023
From: TING TECH LLC
To: WEB3 IP HOLDINGS LLC
Reel/Frame 065423/0660 →
Continuity (3)
Division 17247597 · Dec 17, 2020
Provisional Application 62949190 · Dec 17, 2019
Related Publication 20230177485A1 · Jun 8, 2023