Salesforce had five patents in metaverse during Q4 2023. Salesforce Inc filed patents in Q4 2023 related to smart contracts, non-fungible tokens, and token transfers on a blockchain. The patents involve deploying smart contracts to a blockchain, minting non-fungible tokens, and executing transactions involving token transfers between blockchain parties. The technology allows for the creation and management of smart contracts and tokens within a database system, providing a secure and efficient way to handle transactions on a blockchain. GlobalData’s report on Salesforce gives a 360-degreee view of the company including its patenting strategy. Buy the report here.

Salesforce grant share with metaverse as a theme is 40% in Q4 2023. Grant share is based on the ratio of number of grants to total number of patents.

Recent Patents

Application: Public trust ledger smart contract representation and exchange in a database system (Patent ID: US20230368291A1)

The patent filed by Salesforce Inc. describes a method for determining a designated smart contract representation based on configuration information provided by a database system account. This representation includes a binary executable form of a smart contract template, which can be accessed through an application exchange within the database system. The method involves deploying this binary representation to a blockchain as a specific instance of the smart contract template. Additionally, the system allows for storing information about smart contract instances, minting non-fungible tokens, creating transaction records, and customizing smart contract templates based on configuration parameters associated with database system accounts.

Furthermore, the database system described in the patent is capable of storing wallet objects, transmitting instructions to smart contract instances, and performing risk assessments for transactions related to smart contracts. It also includes features such as multi-tenancy, dynamic schema databases, and the ability to use private keys for deploying smart contracts to blockchains. Overall, the patent outlines a comprehensive method and system for managing smart contracts within a database system, providing access to various entities and facilitating interactions with blockchain technology.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

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.