Patent application for NFT that can be used in games
It turns out that Sony Interactive Entertainment has applied for a patent on NFTs (non-fungible tokens) to the World Intellectual Property Organization (WIPO). The document was published on the 16th.
The patent is titled “NFT Framework for Transmitting and Utilizing Digital Assets Across Gaming Platforms.” The application documents explain that NFTs tied to digital assets will be provided according to the tasks that a user performs in the game, and that the NFTs will be able to be used across multiple games.
Ownership of an NFT is transferable to other users, who in turn can use that NFT in various games and platforms as well.
Examples of NFT applications include skins in video games, artwork, avatars, weapons, and even skills that characters use in games.
Various platforms refer to building NFTs in a standardized format that can be read across different game titles and different video game platforms such as PlayStation and Xbox.
In July 2021, Sony Interactive Entertainment applied to WIPO for patents related to NFT and blockchain technology, but this time it was rejected for not being able to “compose into a practical application”. This time, it looks like we have applied for a patent on NFT again.
connection: Sony, patent application for NFT use of in-game items
What are NFTs?
Abbreviation for “Non-Fungible Token”, a digital token that cannot be replaced and has a unique value. In addition to being used for exchanging “digital items” in blockchain games, it is also an epoch-making way for rights holders (creators) in the “secondary distribution market”, which was difficult to achieve with second-hand sales, as well as proof of ownership of high-priced art works. It is also attracting attention as a means of reduction.
Fujitsu Trademark Application
IT giant Fujitsu also applied to the United States Patent and Trademark Office (USPTO) on the 16th for a trademark that can also be used in services related to crypto assets (virtual currency).
Is #FUJITSU moving into banking, finance & crypto?
The international tech co has filed a trademark application for
▶️ Exchanging money
▶️ Securities trading
▶️ Insurance brokerage
▶️ Tax planning
▶️ Cryptocurrency trading#Crypto #Web3 #Fintech #Banking #Finance pic.twitter.com/zLkrRZgdny
— Mike Kondoudis (@KondoudisLaw) March 21, 2023
The scope of application of the trademark includes various financial-related businesses such as “acceptance of fixed deposits and other deposits, foreign exchange transactions, brokerage of securities and insurance, real estate management business,” as well as “financial management of virtual currency, virtual currency financial transactions, financial intermediary services for cryptocurrency transactions,” etc.
In fact, it is unknown at this time whether there are plans to develop such businesses in the future, but it is shown that the virtual currency business is also in mind.
In February, Fujitsu announced the launch of the “Fujitsu Web3 Acceleration Platform,” a platform for planning and demonstrating Web3 (distributed web) services.
Part of the plan is to provide the Web3 technology and development environment developed by Fujitsu, and to support the development community to test and practice the development of new Web3 applications and services.
connection: Fujitsu to provide “acceleration platform” Motivated to develop Web3 business
Square enix movement
In the game industry, Square Enix Holdings is also focusing on games that utilize blockchain as a new business development.
In February 2022, the Blockchain Entertainment Division will be newly established. We are announcing NFT games and investing in Web3 and Metaverse companies such as Animoka Brands. On the 17th of this month, the official website of the company’s first NFT project “SYMBIOGENESIS” was released.
connection: Square Enix’s new NFT projects “Symbiogenesis” and “Treasure Hunting” held