Samsung SDS had two patents in blockchain during Q4 2023. Samsung SDS Co Ltd filed a patent for methods to generate Non-Fungible Tokens (NFTs) for non-digital assets by receiving asset data, determining if it is a tangible subject, generating a certificate, and issuing an NFT for the certificate. GlobalData’s report on Samsung SDS gives a 360-degreee view of the company including its patenting strategy. Buy the report here.
Samsung SDS grant share with blockchain as a theme is 50% in Q4 2023. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: Nft generation method and system for non-digital assets (Patent ID: US20230336348A1)
The patent filed by Samsung SDS Co Ltd. describes methods performed by a computing device for generating Non-Fungible Tokens (NFTs) for non-digital assets. The process involves receiving non-digital asset data, including media data generated by photographing the asset, determining if the media data is from a tangible subject, generating an original certificate with the media data and determination result, and issuing an NFT for the certificate. The method includes operations such as obtaining screen division values for photographing, classifying sections, and storing images as media data. Additionally, the process involves converting additional information into a standard format, generating hash data, and digitally signing the original certificate before issuing the NFT.
Furthermore, the patent outlines a computing device with processors, memory, and storage configured to perform the described operations. The device can receive non-digital asset data, determine if the media data is from a tangible subject, generate an original certificate, and issue an NFT. It includes operations for generating media data by focusing on different sections, determining if the media data is from a tangible subject, converting information into a standard format, and issuing the NFT using hash data. The device also supports sending digital signature requests to owners, receiving signature data, and collectively signing the original certificate before issuing the NFT. Additionally, the device can verify signed certificates by extracting public keys of owners and generating a single verification key for validation.
To know more about GlobalData’s detailed insights on Samsung SDS, buy the report here.
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