GENERATING AND ISSUING SECONDARY DIGITAL ASSETS BASED ON OWNERSHIP OF PRIMARY ASSETS

Number: 20220358186
Published: 2022-11-10
Filed: 2022-05-06
Assignee: Disney Enterprises, Inc.
Inventors: DEUEL; Matthew A., CHAPMAN; Steven M., KHALFAN; Alif
CPC: G06F21/10; G06F21/12; G06Q40/04; H04L9/50
Verdict: Set aside NFT/digital-asset ownership, 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

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

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.

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 recipien

Claims

1. A method, comprising: determining that a recipient owns a first asset relating to an entity; identifying a second asset relating to the entity, wherein the second asset comprises a token and an associated digital asset, and wherein information relating to the second asset is included in a blockchain; based on the determining that the recipient owns the first asset, distributing the second asset to the recipient, comprising: recording data in the blockchain, the data relating to distribution of the second asset to the recipient; and modifying the second asset based on a change relating to the first asset. || 10. A non-transitory computer-readable medium containing computer program code that, when executed by operation of one or more computer processors, performs operations comprising: determining that a recipient owns a first asset relating to an entity; identifying a second asset relating to the entity, wherein the second asset comprises a token and an associated digital asset, and wherein information relating to the second asset is included in a blockchain; based on the determining that the recipient owns the first asset, distributing the second asset to the recipient, comprising: recording data in the blockchain, the data relating to distribution of the second asset to the recipient; and modifying the second asset based on a change relating to the first asset. || 16. A system, comprising: a computer processor; and a memory having instructions stored thereon which, when executed on the computer processor, performs operations comprising: determining that a recipient owns a first asset relating to an entity; identifying a second asset relating to the entity, wherein the second asset comprises a token and an associated digital asset, and wherein information relating to the second asset is included in a blockchain; based on the determining that the recipient owns the first asset, distributing the second asset to the recipient, comprising: recording data in the blockchain, the data relating to distribution of the second asset to the recipient; and modifying the second asset based on a change relating to the first asset.