TV Platform NFT Market Integration via Cryptocurrency Wallet
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Solution Overview
Problem
There is a lack of technology that allows users to seamlessly display and purchase digital artwork on a television platform, particularly through a non-fungible token (NFT) market.
Innovation Solution
A television platform is developed with an output unit, communication unit, memory containing a cryptocurrency wallet, and a control unit that enables users to access an NFT market server, view preview artwork, and purchase digital artwork using cryptocurrency transactions.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If a TV platform is integrated with NFT market functionality to enable digital artwork purchase, then the functionality and versatility of the TV platform is improved, but the device complexity increases due to integration of cryptocurrency wallet, communication units, and control logic
Solution Approach 1:
The patent combines multiple functions (TV display, NFT market access, cryptocurrency wallet, and artwork purchase) into a single integrated TV platform. The control unit coordinates all these functions through unified control logic, merging what were previously separate systems into one device, thereby improving versatility while managing complexity through integration.
Solution Approach 2:
The TV platform is designed to perform multiple functions: traditional TV broadcasting, digital artwork display, NFT market browsing, cryptocurrency transaction processing, and ownership verification. This multi-functional design allows the same device to serve both entertainment and digital asset management purposes, enhancing adaptability without requiring separate dedicated devices.
2Reliability
If cryptographic operations are performed within the TV platform for NFT transactions, then transaction security is improved, but the processing time and operational complexity increase
Solution Approach 1:
The cryptocurrency wallet and its cryptographic keys are pre-configured and stored securely within the TV platform before NFT transactions occur. This preliminary setup eliminates the need for real-time key generation or external wallet connections during transactions, reducing processing time while maintaining security through pre-established cryptographic credentials.
Solution Approach 2:
The TV platform performs cryptographic operations (signature generation, transaction verification) internally using its own integrated wallet and control unit, without requiring external intervention for each transaction. This self-service capability streamlines the transaction process, reducing delays associated with external wallet approvals or manual authentication steps.
Data Source
AI summary
The present invention is characterized by comprising: an output unit including a display unit and a sound output unit; a communication unit for establishing a communication connection with an NFT market server; memory including a cryptocurrency wallet; and a control unit which accesses the NFT market server on the basis of key information stored in the cryptocurrency wallet, receives and displays preview artwork data corresponding to at least one piece of digital artwork, and when a selection is made by a user, generates a purchase transaction on the basis of the key information stored in the cryptocurrency wallet, and receives, from the NFT market server, NFT status information of digital artwork corresponding to the selected preview artwork and having updated transaction details.