Granted Patent B2

US 12,205,093 · App. 17/518,989 · Granted Jan 21, 2025

Inventors: Jonathan Yantis (Grants Pass, OR); William Edward Quigley (Pacific Palisades, CA); Lukasz Jakub Sliwka (Long Beach, CA)

Assignee: VERONA HOLDINGS SEZC

G06Q20/123G06F21/602G06Q20/326G06Q20/342G06Q20/38215G06Q20/40G06Q30/0185G06Q20/1235G06Q20/3672G06Q2220/00

Abstract

Claims (31)

1. A system for tokening a real-world object, comprising:

an interface configured to receive a set of real-world object attributes of a real-world object, the set of real-world object attributes including a unique identifier for a unique unit of the real-world object;

a digital token generation system configured to:

generate a unique digital token having a set of digital attributes that correspond to the set of real-world object attributes, wherein the set of digital attributes of the unique digital token secure includes a token identifier that identifies the unique digital token; and

generate a cryptographically secure, one-to-at-least-one link between the unique digital token generated by the digital token generation system and the unique identifier for the unique unit of the real-world object, such that the unique digital token provides a unique digital representation of the unique unit of the real-world object and is redeemable by a verified owner of the unique digital token for the unique unit of the real-world object via a graphical user interface of a digital wallet application;

a ledger update system configured to write the unique digital token to a blockchain in accordance with a protocol, thereby facilitating transactions for the unique unit of the real-world object using the unique digital token;

a redemption system that facilitates redemption of digital tokens, the redemption system being configured to:

receive a redemption request that indicates the token identifier of the unique digital token and an account identifier that indicates a public address of a redeeming user, and

initiate fulfillment of the unique unit of the real-world object in response to verifying that the unique digital token is owned by the redeeming user based on the token identifier, the public address, and the blockchain; and

a digital marketplace system that presents a user interface that allows users to transact for respective units of the real-world object by purchasing the unique digital token, wherein the digital marketplace system is configured to facilitate a transaction for the unique digital token on behalf of the seller and to instruct the ledger update system to update the ownership data of the unique digital token in response to a buying user transacting for the unique digital token.

2. The system of claim 1 , wherein the real-world object is a consumer product.

3. The system of claim 1 , wherein the real-world object is a gift card.

4. The system of claim 1 , wherein the real-world object is already in existence.

5. The system of claim 1 , wherein the real-world object has a defined type and a defined set of characteristics but is not yet in existence.

6. The system of claim 1 , wherein possession of the unique digital token represents ownership of the real-world object.

7. The system of claim 1 , wherein the unique digital token is transferable.

8. The system of claim 1 , wherein the set of real-world-object attributes includes a set of physical attributes.

9. The system of claim 1 , wherein the set of real-world-object attributes includes a set of origination attributes.

10. The system of claim 9 , wherein the set of origination attributes includes one or more of limited-edition attributes, celebrity signature attributes, certification of originality attributes, location of origin attributes, or certification of ethical production attributes.

11. The system of claim 1 , wherein the set of digital attributes of the unique digital token includes a data structure that represents physical attributes of the real-world object.

12. The system of claim 1 , wherein the set of digital attributes of the unique digital token includes a data structure that supports a visual representation of the real-world object.

13. The system of claim 1 , wherein the set of digital attributes of the unique digital token includes an image of the real-world object.

14. The system of claim 1 , wherein the set of digital attributes of the unique digital token includes a data structure that represents an animation of the real-world object.

15. The system of claim 1 , wherein the ledger update system updates a side chain of a set of side chains of the blockchain with the unique digital token, and wherein each side chain of the set of side chains is a respective shard of the blockchain that extends from a main chain of the blockchain.

16. The system of claim 15 , wherein each side chain of the set of side chains corresponds to a different categorization of real-world objects.

17. The system of claim 15 , wherein the main chain of the blockchain stores information relating to a plurality of accounts of respective users including the first user and each side chain corresponds to a different respective account of the plurality of accounts and stores respective digital tokens associated with the respective account user of the plurality of users.

18. The system of claim 1 , wherein the ledger update system updates a side chain of a set of side chains of the blockchain with the unique digital token, and wherein the side chain of the set of side chains of the blockchain further stores a virtual representation of the real-world object.

19. The system of claim 1 , wherein the blockchain is a private blockchain.

20. The system of claim 1 , wherein the blockchain is a public blockchain.

21. The system of claim 1 , further comprising an item management system configured to generate a virtual representation of the real-world object based on the set of real-world object attributes, wherein the user interface allows consumers to view a visualization of the virtual representation of the real-world object.

22. The system of claim 21 , wherein the visualization of the virtual representation of the real-world object comprises a virtual or augmented reality visualization of the real-world object.

Continuity (8)

References Cited (400)