A system and process for converting a digital media file into a digital token is disclosed. The embodiments modify a digital media file so that a set of rules are attached to the digital media file creating a digital token, which can be used to persist the digital media file through a network. In an exemplary embodiment, the network is a distributed ledger or blockchain based network that securely tracks distribution of the digital media file. The digital token may have a value added to it or value may intrinsically exist as the digital token is persisted through the network. The value associated with distribution of the digital media file may be used to reward the owner of the digital media file, distributors of the token, or as an incentive program for commercial transactions and non-commercial transactions.
System And Process For Electronic Tokenization Of Product Brand Loyalty And Incentives
Shannon Code - Raleigh NC, US Sean Dennis - Earnley, GB Gregory Simon - Beaufort NC, US
International Classification:
G06Q 30/02 G06Q 20/36
Abstract:
A system and process to generate product brand loyalty and provide incentives at the agent-to-agent level of the supply network tree is disclosed. Exemplary embodiments provide a “dynamic coupon” which is a dynamic electronic file construct that includes a changing value associated with a product/service. The dynamic coupon improves for example the effectiveness of existing cashback coupon programs. The coupon may be integrated into a digital wallet, which may be provided to user members (for example agents in the supply chain) on a loyalty network. Each owner of a digital wallet may have dynamic coupons in their wallet that are accrued based on consumer activity with products or services they are involved with. The coupon may be product specific, attached directly to the finished consumer good/service.
System And Process For Tokenization Of Digital Media
A system and process for converting a digital media file into a digital token is disclosed. The embodiments modify a digital media file so that a set of rules are attached to the digital media file creating a digital token, which can be used to persist the digital media file through a network. In an exemplary embodiment, the network is a distributed ledger or blockchain based network that securely tracks distribution of the digital media file. The digital token may have a value added to it or value may intrinsically exist as the digital token is persisted through the network. The value associated with distribution of the digital media file may be used to reward the owner of the digital media file, distributors of the token, or as an incentive program for commercial transactions and non-commercial transactions.
System And Process For Verifying Digital Media Content Authenticity
Shannon Code - Raleigh NC, US Sean Dennis - Earnley, GB Gregory Simon - Beaufort NC, US
International Classification:
H04L 9/06 G06F 21/10 H04L 9/32 G06F 21/53
Abstract:
A system and process for securing digital media file content for persistence is disclosed. Aspects of the system and process protect content from being altered or embedded with malicious code during distribution through a network. A digital media file is embedded with a hash function. In some embodiments, successive frames may be hashed. A copy of the hash function may be retrieved from a trusted source which may be located within a distributed ledger network. Copies of the digital media file and hash function are checked at network member nodes to verify authenticity of the content. During verification, the media file may be checked to verify if successive frames (for example 2 or more) comply with the trusted hash function. Metadata for authenticated media files may provide trusted information about the original media file.
System And Process For Tokenization And Management Of Liability
Shannon Code - Raleigh NC, US Sean Dennis - Earnley, GB Gregory Simon - Beaufort NC, US
International Classification:
G06Q 50/18 G06Q 40/02
Abstract:
A system and process for management of liabilities is disclosed. The embodiments mitigate variance in the assessment of liability values. In an exemplary embodiment, a liability may be created under rules stored in the form of an digital token. The rules may form a smart contract wherein the terms within the contract change automatically based on criteria being met. The token associated with the smart contract may have tangible value that can appreciate/depreciate and may thus be a tradeable asset or commodity. The inventory of liabilities associated with an issuer may thus be tracked and value precisely assessed.
Dr. Simon graduated from the University of North Carolina School of Medicine at Chapel Hill in 1982. He works in Seattle, WA and specializes in Psychiatry. Dr. Simon is affiliated with Overlake Hospital Medical Center and Virginia Mason Medical Center.