Smart contracts (blockchains, distributed ledgers) and rights management broadly construed are the themes of today's Spotlight Applications. Both of today's Spotlight Applications are assigned to Kyodai Technologies Inc. d/b/a Rensa Games. The first application discloses techniques for managing digital rights associated with digital objects using distributed ledgers. The second application discloses techniques for managing intellectual property and financial distributions associated with digital objects using distributed ledgers.
20220383282, “Digital rights management using distributed ledgers,” assigned to Kyodai Technologies Inc. d/b/a Rensa Games.
Abstract
Systems and methods for managing digital rights associated with digital objects using distributed ledgers are provided. A digital object marketplace receives a request to access a digital object via an interface provided by the digital object marketplace. The marketplace queries the user's digital wallet for a license token generated by a smart contract for the digital object deployed in a distributed ledger. If the user does not have a license token, the marketplace prompts the user to purchase one. If the user submits a request to purchase a license token, a payment is transferred, using the smart contract, from the user's digital wallet to the digital wallet of the owner of the digital object. Further, the license token is added to the user's digital wallet. This enables the user to access the digital object via the interface.
20220383299, “Intellectual property and financial distribution management using distributed ledgers,” assigned to Kyodai Technologies Inc. d/b/a Rensa Games.
Abstract
Systems and methods for managing intellectual property and financial distributions associated with digital objects using distributed ledgers are provided. A digital object marketplace receives a request to obtain a license token for a digital object. License tokens for the digital object are generated by a smart contract deployed in a distributed ledger. The digital object is also associated with an owner token generated when the digital object is published to the digital object marketplace, or with a recipient digital wallet. The digital object marketplace, using the smart contract, transfers a payment from a requestor's digital wallet to the holder of the owner token or to the recipient digital wallet and the transfer is recorded in the distributed ledger. A license token for the digital object is provided to the requestor's digital wallet and the transaction associated with the license token is further recorded in the distributed ledger.
