- Number
- 12443992
- Published
- 2025-10-14
- Filed
- 2022-05-06
- Assignee
- Disney Enterprises, Inc.
- Inventors
- Deuel; Matthew A. et al.
- CPC
- G06F21/10; G06F21/12; G06Q40/04; H04L9/50
- Verdict
- Set aside NFT/digital-asset business
- Source
- Google Patents · FreePatentsOnline
Abstract
Certain aspects of the present disclosure provide techniques for generating and issuing secondary digital assets based on ownership of primary assets. These techniques include determining that a recipient owns a first asset relating to an entity, and identifying a second asset relating to the entity, where the second asset includes a token and an associated digital asset, and where information relating to the second asset is included in a blockchain. The techniques further include, based on the determining that the recipient owns the first asset, distributing the second asset to the recipient, including recording data in the blockchain, the data relating to distribution of the second asset to the recipient. The techniques further include modifying the second asset based on a change relating to the first asset.
Background
BACKGROUND (1) Entitlement to a benefit can be tied to ownership of another asset. For example, shareholders of a publicly traded company may be entitled to a dividend based on their ownership of corporate entity stock (e.g., an annual or semi-annual dividend). This dividend provides a benefit to shareholders, and incentivizes ownership of the stock. Shareholders may also receive other, less tangible benefits. For example, shareholders may receive physical stock certificates which can be collected and displayed. SUMMARY (2) Embodiments include a method. The method includes determining that a recipient owns a first asset relating to an entity. The method further includes identifying a second asset relating to the entity, where the second asset includes a token and an associated digital asset, and where information relating to the second asset is included in a blockchain. The method further includes, based on the determining that the recipient owns the first asset, distributing the second asset to the recipient, including recording data in the blockchain, the data relating to distribution of the second asset to the recipient. The method further includes modifying the second asset based on a change relating to the first asset. (3) Embodiments further include a non-transitory computer-readable medium containing computer program code that, when executed by operation of one or more computer processors, performs operations. The operations include determining that a recipient owns a
Claims
1. A method comprising: determining that a recipient owns a share of an entity; generating an asset relating to the share of the entity, wherein the asset comprises a token and an associated digital asset, and wherein information relating to the asset is recorded in a blockchain; distributing the asset to the recipient; recording, in the blockchain, data relating to distributing the asset to the recipient; and modifying the asset based on a change in a value of the share, wherein when the change relating to the value of the share is a first change, the asset is modified such that the associated digital asset to have a first appearance, and when the change relating to the value of the share is a second change, the asset is modified such that the associated digital asset to have a second appearance different than the first appearance. ||
10. A non-transitory computer-readable medium containing computer program code that, when executed by operation of one or more computer processors, performs a method comprising: determining that a recipient owns a share of an entity; generating an asset relating to the share of the entity, wherein the asset comprises a token and an associated digital asset, and wherein information relating to the asset is recorded in a blockchain; distributing the asset to the recipient; recording, in the blockchain, data relating to distributing the asset to the recipient; and modifying the asset based on a change in a value of the share, wherein when the change relating to the value of the share is a first change, the asset is modified such that the associated digital asset to have a first appearance, and when the change relating to the value of the share is a second change, the asset is modified such that the associated digital asset to have a second appearance different than the first appearance. ||
16. A system comprising: a computer processor; and a memory having instructions stored thereon; the computer processor configured to execute the instructions to: determine that a recipient owns a share of an entity; generate an asset relating to the share of the entity, wherein the asset comprises a token and an associated digital asset, and wherein information relating to the asset is recorded in a blockchain; distribute the asset to the recipient; record, in the blockchain, data relating to distributing the asset to the recipient; and modify the asset based on a change in a value of the share, wherein when the change relating to the value of the share is a first change, the asset is modified such that the associated digital asset to have a first appearance, and when the change relating to the value of the share is a second change, the asset is modified such that the associated digital asset to have a second appearance different than the first appearance.