Placeholder NFT for Rapid Live Content Delivery
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Solution Overview
Problem
Delays in accessing live content after it has been broadcasted due to processing delays in delivering unique representations of the content on non-fungible tokens (NFTs) lead to loss of user interest in time-sensitive information.
Innovation Solution
Notifying users about the availability of live content along with the address of a placeholder NFT while generating a unique representation, such as a hash value, and uploading it to the token repository, reducing processing delays by providing a link to the unique representation without generating it in real-time.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If a unique representation of live content is generated and uploaded to the token repository before notifying users, then the content can be delivered with proper metadata, but significant processing delays occur causing loss of user interest
Solution Approach 1:
The patent creates a placeholder NFT in advance before the live content is broadcast. This placeholder reserves the token slot and allows the system to notify users immediately when content becomes available, without waiting for the actual content processing and upload to complete. The unique representation is generated and uploaded after notification, eliminating the delay between content availability and user notification.
2Loss of information
If the system waits to notify users until the unique representation is generated and uploaded, then complete content metadata is available, but user interest is lost due to delays in time-sensitive information
Solution Approach 1:
A placeholder NFT is created in advance, reserving the token slot before content processing. This allows the system to notify users immediately when live content becomes available, even before the unique representation is fully generated and uploaded. The placeholder ensures that when the actual content metadata is ready, it can be quickly associated with the pre-reserved token slot.
3Speed
If real-time generation of unique representations is performed, then user interest is maintained, but processing complexity and resource requirements increase
Solution Approach 1:
The patent uses a placeholder NFT as a temporary, simple object that serves its purpose during the content processing period. This placeholder is a lightweight structure that requires minimal processing resources compared to generating and managing complete content metadata in real-time. Once the actual unique representation is uploaded, the placeholder's role is completed, simplifying the overall processing architecture.
Data Source
AI summary
Techniques for rapidly delivering broadcasted live content are described. In an example, a transaction request to create placeholder non-fungible tokens (NFTs) in a token repository (106) is sent, where NFTs represent unique digital items. In response to the transaction request, an address allocated to a placeholder NFT from the plurality of placeholder NFTs in the token repository (106) is received. A notification indicating availability of the piece of live content is then transmitted to a user device (102), where the notification is indicative of the address allocated to the placeholder NFT in the token repository (106). In the meantime, a unique representation of the piece of live content is generated and populated on the token repository (106).