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Patent drawing for Blockchain agnostic token network
US 12,211,042 B2
Networking US 12,211,042 B2 Not in force

Blockchain agnostic token network

This invention describes a system for selling digital items, like NFTs, that don't exist yet. When a buyer wants to purchase one, the system uses information about the buyer, the item, or its associated digital assets to figure out which blockchains are suitable for creating it. It then picks the best blockchain, potentially based on factors like fees or security, and only then creates the digital item on that chosen blockchain for the buyer.

Why it matters: Filed as the multi-chain ecosystem was rapidly expanding. The intervening two years have seen significant advancements in cross-chain interoperability and the maturation of diverse blockchain networks, making the dynamic selection of a blockchain based on real-time metrics more practical and impactful.

Status
Not in forceListed as no longer active. The specific reason is not in the record we hold.
How hard to build
SpecializedSoftware logic, blockchain integration, data analysis algorithms.

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