South Korean tech corporate LG Electronics has filed a patent software for its blockchain-based good TV, which permits customers to business nonfungible tokens (NFTs).
The ideas used to be printed at the International Highbrow Belongings Group’s (WIPO) international database for highbrow assets on Might 11. In step with WIPO’s documentation, a patent software is printed 18 months after the submitting date or the concern submitting. In accordance with this timeline, LG’s software used to be submitted in November 2021. The following steps come with substantive exam, adopted by means of granting or refusing criminal coverage to the discovery.
In step with LG’s software, its generation lets in gadgets to hook up with a crypto pockets and an NFT marketplace server to permit transactions. When hooked up to an NFT marketplace server, the software accommodates onscreen QR codes that permit customers entire transactions by way of a cryptocurrency pockets.
The applying follows the discharge of LG’s personal NFT platform in September 2022 — the LG Artwork Lab Market — according to the Hedera community. It lets in TVs operating webOS 5.0 or later variations to business virtual works of art.
It’s unclear if the TV will combine with other wallets or be limited to LG’s Wallypto — the corporate’s smartphone crypto pockets — which could also be to be had on its Artwork Lab Market.
LG is onboarding a variety of Web3 answers to its gadgets. In January, the corporate disclosed a partnership with cloud-based generation platforms Oorbit and Pixelynx to convey the metaverse immediately into audience’ dwelling rooms. On the time, Cointelegraph reported that the collaboration used to be designed to permit consumers to discover interconnected digital worlds, concert events and synthetic intelligence multiplayer video games via their LG TVs.
LG isn’t the one Large Tech corporate operating to combine Web3 into its merchandise. Closing yr, its competitor Samsung introduced a brand new good TV lineup built-in with an NFT platform. The corporate could also be actively making an investment in NFT and metaverse initiatives via its challenge capital arm, Samsung Subsequent.
The ideas used to be printed at the International Highbrow Belongings Group’s (WIPO) international database for highbrow assets on Might 11. In step with WIPO’s documentation, a patent software is printed 18 months after the submitting date or the concern submitting. In accordance with this timeline, LG’s software used to be submitted in November 2021. The following steps come with substantive exam, adopted by means of granting or refusing criminal coverage to the discovery.
In step with LG’s software, its generation lets in gadgets to hook up with a crypto pockets and an NFT marketplace server to permit transactions. When hooked up to an NFT marketplace server, the software accommodates onscreen QR codes that permit customers entire transactions by way of a cryptocurrency pockets.
The applying follows the discharge of LG’s personal NFT platform in September 2022 — the LG Artwork Lab Market — according to the Hedera community. It lets in TVs operating webOS 5.0 or later variations to business virtual works of art.
It’s unclear if the TV will combine with other wallets or be limited to LG’s Wallypto — the corporate’s smartphone crypto pockets — which could also be to be had on its Artwork Lab Market.
LG is onboarding a variety of Web3 answers to its gadgets. In January, the corporate disclosed a partnership with cloud-based generation platforms Oorbit and Pixelynx to convey the metaverse immediately into audience’ dwelling rooms. On the time, Cointelegraph reported that the collaboration used to be designed to permit consumers to discover interconnected digital worlds, concert events and synthetic intelligence multiplayer video games via their LG TVs.
LG isn’t the one Large Tech corporate operating to combine Web3 into its merchandise. Closing yr, its competitor Samsung introduced a brand new good TV lineup built-in with an NFT platform. The corporate could also be actively making an investment in NFT and metaverse initiatives via its challenge capital arm, Samsung Subsequent.
