Location-Encoded Blockchain Tokens for AR Content Management
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Solution Overview
Problem
Current blockchain technologies lack efficient methods for generating, encoding, and processing non-fungible tokens (NFTs) in augmented reality environments, particularly in managing location-encoded tokens that represent unique geospatial locations, which limits their application in immersive and interactive experiences.
Innovation Solution
The implementation of a blockchain network that encodes physical location coordinates into unique token identifiers, allowing for the creation, storage, and transfer of location-encoded NFTs, along with protocols for minting, transferring, and renting these tokens, ensuring unique ownership and content management within geospatial spaces.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If location-encoded NFTs are created and managed on blockchain networks, then unique ownership and authenticity are ensured, but the complexity of encoding and processing location data increases
Solution Approach 1:
The location data is segmented into discrete, manageable components (latitude and longitude) that can be independently processed and encoded. The patent divides the encoding process into separate steps: extracting location data, validating it against constraints, and then incorporating it into the NFT metadata structure. This segmentation reduces the overall complexity by making each step more manageable and testable.
Solution Approach 2:
The patent introduces an intermediary encoding schema that acts as a mediator between raw location data and the blockchain NFT structure. This encoding schema serves as a translation layer that converts geographic coordinates into a format suitable for blockchain storage and retrieval, simplifying the interaction between location-based services and the blockchain network.
2Productivity
If location coordinates are encoded into token identifiers, then efficient retrieval of location-based content is enabled, but the manufacturing precision of location data encoding must be maintained
Solution Approach 1:
The patent applies parameter changes by transforming location data from continuous geographic coordinates into discrete token identifiers through a defined encoding schema. The system adjusts precision parameters based on the specific requirements of different geographic regions and use cases, allowing for efficient retrieval while maintaining sufficient accuracy for the intended application.
Solution Approach 2:
Location data is preliminarily processed and encoded before being incorporated into the NFT metadata. The system performs validation and encoding transformations in advance, ensuring that the data is ready for efficient retrieval operations. This preliminary action reduces the computational overhead during actual content retrieval operations.
3Adaptability or versatility
If protocols for minting, transferring, and renting location-encoded tokens are implemented, then content management in geospatial spaces is improved, but the device complexity for managing these protocols increases
Solution Approach 1:
The patent implements a universal NFT metadata structure that can serve multiple functions: representing ownership, enabling transfer, and facilitating rental agreements. By designing the metadata schema to accommodate various operational modes (minting, transferring, renting), the system reduces the need for separate complex protocols for each function, thereby simplifying overall device complexity while maintaining versatility.
Solution Approach 2:
The system incorporates feedback mechanisms that automatically update NFT metadata based on transaction status and ownership changes. This feedback loop simplifies protocol management by automating routine updates and reducing the need for manual intervention, thereby lowering the operational complexity of managing minting, transferring, and renting operations.
Data Source
AI summary
Techniques are described herein for generating, encoding, and processing blockchain tokens as real estate in an augmented or virtual reality ecosystem. In some embodiments, the techniques include an encoding schema that encodes physical location coordinates to the unique identifier of a blockchain token. For example, the location coordinates may include the latitude and longitude of a physical space on earth. Blockchain tokens that have unique token identifiers represented by encoded geospatial information are referred to herein as location-encoded blockchain tokens. By encoding the physical location coordinates of a geographic location, the token owner or renter may populate the geographic space with curated content.