The US Patent Workplace has right now issued sportswear model Nike‘s patent for its blockchain-compatible sneakers dubbed “CrpytoKicks.”
The patent outlines a system whereby blockchain can be utilized to connect cryptographically secured digital belongings to a bodily product, on this case a sports activities shoe.
It appears Nike‘s platform can even monitor the possession and confirm the authenticity of sneakers utilizing the blockchain-based system.
Whenever you purchase a pair of the “CryptoKicks,” you’ll additionally obtain a digital asset hooked up to a singular identifier of that shoe. In consequence, there’s digital shortage of the digital belongings, as their manufacturing is successfully tied to the manufacturing of actual sneakers.
“When a client buys a real pair of sneakers a digital illustration of a present could also be generated, linked with the patron, and assigned a cryptographic token, the place the digital shoe and cryptographic token collectively signify a ‘CryptoKick,’” the patent reads.
When sneakers are bought to another person, possession might be transferred by buying and selling each actual shoe and/or related digital belongings. These digital belongings might be saved in what’s being referred to as a “Digital Locker,” a cryptocurrency pockets sort app.
However there’s extra. It appears somebody at Nike has been enjoying CryptoKitties, as homeowners of “CryptoKicks” will have the ability to “intermingle or breed the digital shoe with one other digital shoe to create ‘shoe offspring’ and have the offspring made as a brand new, tangible pair of sneakers.”
The unique patent utility was filed again in April so a few of these particulars received’t come as a shock to some.
However with the patent now granted by the US Patent Workplace, maybe we are able to count on to see CryptoKicks within the wild in some unspecified time in the future sooner or later. Although there’s been no point out of a launch, but.
Printed December 10, 2019 — 13:56 UTC