Nippon Telegraph and Telephone had 169 patents in digitalization during Q2 2024. The Nippon Telegraph and Telephone Corp filed patents related to an electronic currency system for issuing and storing currency efficiently, as well as inventions for searching for books used in training to reduce metathesis. Additionally, a patent was filed for a management server that updates databases based on instruction information and accumulates update information, with a standby process executor for updating databases based on information acquired from another system. GlobalData’s report on Nippon Telegraph and Telephone gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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Nippon Telegraph and Telephone had no grants in digitalization as a theme in Q2 2024.
Recent Patents
Application: Electronic currency system, information processing apparatus, electronic currency issuing method and program (Patent ID: US20240211900A1)
The patent filed by Nippon Telegraph and Telephone Corp describes an electronic currency system that involves an issue bank server and a financial institution server. The issue bank server generates a currency issue certificate and adds a signature to a currency issue message before transmitting them to the financial institution server. The financial institution server receives the currency issue certificate and message, verifies the signature, and stores the issued currency in an unused currency storage unit.
Additionally, the electronic currency system includes a user terminal that can request currency withdrawal from the financial institution server. The server processes the withdrawal request by cutting off the requested currency from the unused storage unit, adding additional currency information, such as a signature, and storing it in an in-use currency storage unit before transmitting it to the user terminal. The system also involves processes for storing used currency, updating currency information, and generating a Hash tree of currency for secure transactions. Overall, the patent outlines a comprehensive electronic currency system with multiple processors, memories, and programs to facilitate currency issuance, verification, and transactions efficiently.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
