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The patent application date is December 10, and the content is footwear digital assets and how to use them. According to the documentation, the patent uses Ethereum ERC721 or ERC1155 tokens for authenticating and trading physical shoes.
"Chain" on the shoes
After purchasing physical shoes, consumers can get a 10-digit shoe identification code. If you connect this code to the Nike identification code, you can "unlock" the token. Obviously, the system aims to identify the authenticity of shoes. According to patent documents:
Potential consumers and purchased customers can buy and sell digital assets with the help of one or more blockchain ledgers on a decentralized computing system. For example, a consumer buys a new pair of sneakers from a certified dealer, and the dealer will provide a true traceback of the shoes. When receiving a shoe box containing shoes, a consumer can open a sneaker app with a barcode recognition function in a smart phone and scan the uniform code of the product on the shoe box.
Interestingly, Nike also suggested that the amount of tokens could be linked to the sale of shoes in order to verify the scarcity of shoes in circulation. The patent states:
When a consumer buys a pair of genuine shoes, the purchase behavior will be digitized, and the consumer will receive a cryptographic token, and 'CryptoKick' is the collective name of the digital shoe and encrypted token.
When selling shoes, ownership of digital tokens can be transferred along with the physical object. A dedicated application will be created to manage tokens and enhance brand engagement.
Similar to CryptoKitties, "bred" shoes on the blockchain
In addition, the patent draws on the popular blockchain game CryptoKitties, which can "bred" shoes:
Through digital assets, consumers can safely trade or sell physical shoes and digital shoes; store digital shoes in crypto wallets or other blockchain digital storage; mix or "bred" one pair of digital shoes with another pair of digital shoes to create "Offspring"; custom-made new shoes are made into new physical shoes according to manufacturing rules.
With the increasing maturity of the blockchain, more large companies have begun to adopt this technology, and the blockchain industry has accelerated its development. However, experts warn that the United States is not a leader in the field of blockchain. The latest report shows that China easily surpassed other countries including the United States in the number of patent applications in the blockchain field.