Sensor-Linked NFT Correspondence for Physical Object State Tracking
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Solution Overview
Problem
Traditional non-fungible tokens (NFTs) are limited in versatility and accessibility, primarily functioning within digital platforms, lacking a direct correspondence with physical objects, which hinders broader understanding and utilization.
Innovation Solution
A system and method that enables a correspondence between changes in a non-fungible token (NFT) and a physical object by using sensors to detect changes in the physical object, updating associated NFT data on a digital ledger, and vice versa, utilizing public-key cryptography to reflect these changes.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If traditional NFTs are used that function only within digital platforms, then the system is simple to operate, but the versatility and accessibility of NFTs is limited
Solution Approach 1:
The patent merges the digital NFT system with the physical object tracking system by combining blockchain technology with sensor networks and physical objects. The NFT is no longer just a digital asset but becomes linked to physical object data through sensor feedback, creating a hybrid digital-physical system that enhances versatility while managing complexity through integrated architecture.
Solution Approach 2:
The system enables NFTs to serve multiple functions: traditional digital asset representation, physical object tracking, authentication, and verification. By making the NFT system universal across digital and physical domains, the patent increases adaptability without proportionally increasing complexity, as the same NFT infrastructure supports multiple use cases.
2Adaptability or versatility
If traditional NFTs are used that function only within digital platforms, then the system structure is simple, but the accessibility and understanding of NFTs is limited
Solution Approach 1:
The patent introduces sensors as intermediary components that bridge the physical and digital worlds. These sensors detect physical object states and translate them into data that updates the NFT, making the connection between physical objects and digital tokens more intuitive and accessible to users while maintaining a manageable system structure through standardized sensor-NFT interfaces.
Solution Approach 2:
The system transitions NFTs from a purely digital dimension to a multi-dimensional existence that includes both digital and physical aspects. By adding the physical dimension through sensor-linked objects, the patent enhances accessibility and understanding as users can now associate tangible physical states with digital tokens, creating a more intuitive user experience.
3Adaptability or versatility
If sensors and electronic components are added to link physical objects with NFTs, then the versatility of NFTs is enhanced, but the device complexity increases
Solution Approach 1:
The patent segments the system into distinct functional modules: sensor modules for detection, communication modules for data transmission, and blockchain modules for NFT management. This segmentation allows each component to be optimized independently and facilitates easier maintenance and scaling, thereby enhancing versatility while controlling overall device complexity through modular architecture.
Data Source
AI summary
A system includes a physical object and one or more processors. The one or more processors are configured to receive physical object data indicative of a change to the physical object and identify a correspondence between the physical object and a non-fungible token (NFT). The one or more processors are also configured to incorporate, in response to identifying the correspondence and in a smart contract or digital distributed ledger, NFT data corresponding to the NFT and reflecting the change to the physical object.