Trusted Ledger NFT Rights Binding for Reliable DRM Access
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Solution Overview
Problem
Existing NFT marketplaces face challenges in managing digital assets securely and efficiently, particularly in ensuring compliance with copyright laws and preventing unauthorized sharing or downloading of digital content, while also balancing cost, speed, and processing demands.
Innovation Solution
A system and method utilizing trusted ledgers, such as blockchain, to securely store metadata and digital assets, incorporating DRM technology to manage access rights, and implementing a trusted immutable distributed assertion ledger (TIDAL) for secure and efficient management of NFTs, enabling rights binding, packaging, and protection operations.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of manufacture
If metadata is stored on a centralized server, then the system is easier to implement and update, but the system becomes less reliable when the server goes down
Solution Approach 1:
The patent introduces a trusted ledger as an intermediary between the centralized server and the NFT marketplace. The ledger stores cryptographic proofs and hashes of metadata, enabling the system to maintain reliability during server outages while preserving the ease of centralized management through the server's continued role in serving and updating metadata.
2Reliability
If metadata is stored on a trusted ledger, then the system becomes more reliable, but the processing speed and cost increase
Solution Approach 1:
The patent segments the data storage function by storing only critical metadata (hashes, proofs, and reference information) on the trusted ledger rather than complete data files. This segmentation maintains reliability through immutable storage while preserving processing speed by keeping the bulk of data accessible through faster centralized server queries.
3Object-affected harmful factors
If DRM technology is implemented, then copyright protection is improved, but the system complexity increases
Solution Approach 1:
The patent uses cryptographic hashes and digital fingerprints as copies of the original content that can be stored and verified without the full content. These copies enable copyright protection through verification of authenticity and ownership while minimizing system complexity by avoiding the need for complex encryption and decryption mechanisms.
Data Source
AI summary
The disclosure relates to, among other things, systems and methods for securely managing digital assets, products, and/or associated tokens in a dynamic way. Various embodiments disclosed herein may use trusted ledgers to securely record certain assertions relating to the digital assets, products, rightsholders, and/or various ecosystems participants. Such assertions may be used in connection with rights binding, content packaging, management, and/or protection operations in connection with a variety of transactions associated with digital assets, products, and/or associated tokens.