Virtual Object Asset Marking via Distributed Ledger Records

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Solution Overview

Problem

Conventional systems for recording and managing property ownership and transactions in virtual environments are inefficient, inaccurate, and prone to errors, fraud, and theft due to fragmented registries, outdated technology, and lack of interoperability, leading to issues in updating real-world vehicle information for virtual object counterparts.

Innovation Solution

Utilizing Distributed Ledger Technology (DLT) to mint digital assets, such as non-fungible tokens (NFTs), which are recorded in a distributed ledger system to accurately and securely associate transactions with virtual objects, enabling cross-ledger interoperability and smart contracts for managing asset records.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Reliability

If conventional registry systems are used to record property ownership and transactions, then existing infrastructure can be maintained, but the systems become fragmented, inaccurate, and prone to errors, fraud, and theft

Engineering Contradiction:

Improveaccuracy of property recordsVSAvoidfragmentation of registry systems

Core Design Contradiction:

ReliabilityVSDevice complexity

Solution Approach 1:

The patent merges multiple fragmented registry systems into a single distributed ledger that records all property transactions across different jurisdictions. This unified system eliminates the need for separate land registries, vehicle registries, and other property records, resolving the fragmentation issue while maintaining reliability through cryptographic verification.

Inventive Principle:

Principle #5Merging (Combining)

Solution Approach 2:

The distributed ledger system performs multiple registry functions simultaneously - it records land titles, vehicle ownership, maintenance records, and other property transactions in a single universal platform. This multi-functional approach replaces numerous specialized registries while improving accuracy through consistent data structures and validation rules.

Inventive Principle:

Principle #6Universality (Multi-functionality)

2Reliability

If manual or legacy electronic registry systems are used, then existing processes can continue, but errors, fraud, and theft increase due to inability to immutably record ownership

Engineering Contradiction:

Improveimmutability of ownership recordsVSAvoidfraud and theft of property

Core Design Contradiction:

ReliabilityVSObject-affected harmful factors

Solution Approach 1:

The system performs preliminary verification of property transactions before recording them in the distributed ledger. Smart contracts validate ownership claims, transaction authenticity, and compliance with regulations before the record is permanently written, preventing fraud before it occurs rather than detecting it afterward.

Inventive Principle:

Principle #10Preliminary action

Solution Approach 2:

The patent replaces manual and legacy electronic registry systems with a distributed ledger technology that uses cryptographic mechanisms instead of traditional database security. This substitution eliminates vulnerabilities in manual systems and legacy databases, providing mathematical proof of ownership immutability that prevents fraud and theft.

Inventive Principle:

Principle #28Mechanics substitution (Replace mechanical system)

3Productivity

If disconnected registries are used for different property tasks, then existing infrastructure can be maintained, but interoperability is lost and efficiency decreases

Engineering Contradiction:

Improveefficiency of property transactionsVSAvoidinteroperability between registries

Core Design Contradiction:

ProductivityVSAdaptability or versatility

Solution Approach 1:

The distributed ledger system provides a universal platform that handles multiple property transaction types - land titles, vehicle registrations, maintenance records, insurance policies - all within a single interoperable system. This eliminates the need for disconnected registries and enables seamless information sharing across different property domains.

Inventive Principle:

Principle #6Universality (Multi-functionality)

Solution Approach 2:

While providing unified interoperability, the system segments different property transaction types into organized data structures and smart contracts. This segmentation allows efficient processing of specific transaction types while maintaining overall system interoperability, resolving the contradiction between specialization and universality.

Inventive Principle:

Principle #1Segmentation

Data Source

PatentUS12499496B2Systems and methods for marking virtual objects

Publication Date: 2025.12.16 STATE FARM MUTAL AUTOMOBILE INSURANCE COMPANY

AI summary

Techniques are described herein for marking virtual objects. An exemplary system includes one or more processors; and a non-transitory computer-readable medium coupled to the one or more processors and storing instructions thereon. The instructions, when executed by the one or more processors, cause the one or more processors to: (1) receive a transaction listing from a first entity, the transaction listing including (i) a digital asset that is associated with a virtual object in a virtual environment and (ii) a status of the digital asset indicating an active association with the first entity, (2) generate a transaction based upon the transaction listing, the transaction including an indication of the virtual object, (3) record the transaction in a distributed ledger, and (4) responsive to recording the transaction in the distributed ledger, cause the status of the digital asset to be displayed when the virtual object is viewed in the virtual environment.