System and method for cryptographically protecting digital assets

System and method for cryptographically protecting digital assets

Background and purpose:

Background: Manufacturers face problems with counterfeit and substandard products, and digital products are often subject to unauthorized sales and copying.

Purpose: Through blockchain technology, the creation, distribution, expression and use of digital objects are controlled to protect brand value and may create limited scarcity.

Technical field:

Systems and methods relate to computerized systems for verifying the authenticity of retail products and digital design files, and promoting brand interaction.

Encrypted digital assets:

Definition: Cryptographically protected virtual objects, such as digital shoes, have unique, non-fungible tokenized codes registered on a blockchain platform.

Attributes: Digital assets can represent real-world products, such as shoes, or virtual representations, with specific attributes and visual performance.

System components:

Distributed computing network: including wireless communication devices, blockchain digital asset registry, server-type computers, etc.

Blockchain platform: used to record digital asset transaction blocks and verify ownership and transaction data.

Virtual object generator: generates a visual representation of digital assets based on the genotype information in the encrypted token.

Lifecycle of digital assets:

Creation and distribution: When consumers purchase real products, they unlock the corresponding encrypted digital assets and store them in blockchain wallets.

Trading and transfer: Digital assets can be freely traded on the blockchain, separate from the transactions of real products.

Inheritance and hybridization: Digital assets can be "hybridized" with other digital assets to produce new digital assets with hybrid characteristics.

Uniqueness and scarcity:

Uniqueness: Each digital asset has a unique tokenized code that represents specific attributes and visual characteristics.

Scarcity: By controlling the total supply of digital assets, market scarcity is created and asset value is increased.

Brand interaction and engagement:

User interaction: The use of digital assets, interactions in virtual environments, or the use of real products can affect the visual performance or in-game performance of digital assets.

Social functions: Digital assets can be displayed, traded, and commented on in digital markets, enhancing user interaction with brands.

Application scenarios:

Video games: Digital assets can be used as in-game skins, equipment, or pets to affect the performance of game characters.

Promotional activities: Digital assets can be used as rewards for promotional activities to increase user engagement and brand loyalty.

Real Product Customization: Customize real-world footwear or apparel products based on the genetic information of digital assets and user input.

Security and Control:

Blockchain Security: Ensure the security and ownership verification of digital assets by leveraging the immutability and distributed nature of blockchain.

Smart Contracts: Perform transaction verification, ownership transfer, and rule enforcement to improve system automation and transparency.

Summary of Short Answer Questions:

What is the main purpose?

Answer: The main purpose is to provide cryptographically protected digital assets through blockchain technology, control the creation, distribution, expression, and use of these digital assets to protect brand value, prevent counterfeit and shoddy products, and may increase market value by creating limited scarcity.

What is a cryptographic digital asset, and what does it specifically refer to in?

Answer: Cryptographic digital assets refer to virtual objects with unique, non-fungible tokenized codes that are registered on a blockchain platform. In in, it specifically refers to digital shoes, etc., which can represent real-world products or virtual representations with specific attributes and visual performance.

How does the system ensure the security and uniqueness of digital assets?

Answer: The system ensures the security of digital assets through the immutability and distributed nature of blockchain. Each digital asset has a unique tokenized code that is stored on the blockchain, and smart contracts are used to perform transaction verification, ownership transfer, and rule enforcement to ensure the uniqueness of digital assets and the secure transfer of ownership.

How do users obtain digital assets?

Answer: Users obtain corresponding encrypted digital assets by purchasing real-world products (such as footwear and clothing). After the purchase is completed, the system unlocks the digital assets and assigns them to the user's blockchain wallet, where the user can view, store, and trade these digital assets.

How can digital assets be used or interacted?

Answer: Digital assets can be used or interacted in a variety of scenarios, including as skins, equipment, or pets in video games to affect the performance of game characters; display, trade, and comment on digital markets to enhance user interaction with brands; and even customize real-world footwear or clothing products based on the genetic information of digital assets and user input.

What is the "hybridization" function mentioned in?

Answer: The "hybridization" function mentioned in means that digital assets can be "hybridized" with other digital assets, that is, their genetic information is mixed (by algorithmically mixing their respective token codes) to produce new digital assets with hybrid characteristics. This capability can create new, unique digital assets and may further increase the diversity and scarcity of the market.

What are the benefits for brands and users?

A: For brands, it provides a new way to control the distribution and use of their digital objects, protect brand value, prevent counterfeit and shoddy products, and increase market value and user loyalty by creating limited scarcity. For users, it provides unique and valuable digital assets, enhances the interactive experience with brands, and has more choices and trading opportunities in the digital market.