Tencent Applies for a Patent on "Object Role-Based Digital Collectibles Processing Method", Potentially Driving the Development of Digital Collectibles Applications

Tencent Applies for a Patent on "Object Role-Based Digital Collectibles Processing Method", Potentially Driving the Development of Digital Collectibles ApplicationsFinancial World, October 18, 2024 - Information from the State Intellectual Property Office shows that Tencent Technology (Shenzhen) Co., Ltd

Tencent Applies for a Patent on "Object Role-Based Digital Collectibles Processing Method", Potentially Driving the Development of Digital Collectibles Applications

Financial World, October 18, 2024 - Information from the State Intellectual Property Office shows that Tencent Technology (Shenzhen) Co., Ltd. has applied for a patent named "A Method, System and Electronic Device for Processing Digital Collectibles Based on Object Roles", with publication number CN118780810A, and an application date of April 2023.

The patent abstract reveals that Tencent's proposed method aims to address existing challenges in digital collectibles processing, namely high storage space occupancy, complex data processing, and limited scalability. The core of this method lies in introducing the concept of "object roles", binding digital collectible transactions with user roles, thereby enabling more efficient and convenient management and trading of digital collectibles.

Specifically, the method involves the following steps:

1. Configuring Role List Information: First, a role list needs to be established, containing information like names and permissions of different roles. For example, roles like "General User", "Collector", "Artist" can be defined, with corresponding permissions assigned. For instance, "General Users" only have browsing privileges, "Collectors" can purchase digital collectibles, and "Artists" can issue digital collectibles.

2. Role Authorization: Upon user registration, the system utilizes blockchain role authorization interfaces based on user information to grant them corresponding role identities. For example, a registered user may be granted the "General User" role, while an art creator may be assigned the "Artist" role.

3. Extraction of Digital Collectible Transaction Information: When a user initiates a digital collectible transaction request, the system extracts the transaction information and determines the role information associated with the transaction address. For instance, the purchase transaction address corresponds to the "Collector" role, while the issuing transaction address corresponds to the "Artist" role.

4. Smart Contract Execution: Based on role information and transaction information, the system executes the digital collectible smart contract on the blockchain. According to role permissions, the system automatically transfers the confirmed digital collectible transaction volume in the transaction information to the corresponding role addresses. For example, when a "Collector" purchases a digital collectible, the system transfers the digital collectible to the address associated with the "Collector".

Through this object role-based processing method, Tencent's patent can effectively reduce storage space occupancy and data processing complexity while enhancing the scalability of digital collectibles processing. Specifically, this method offers the following advantages:

• Improved Efficiency: Binding the transaction process with role information can simplify the transaction process, speeding up transaction speed and efficiency.

• Enhanced Security: Linking digital collectibles to user roles can effectively prevent illegal transactions and data leaks.

• Increased Scalability: The role-based management model facilitates the easy addition of new roles based on demand, meeting the ever-changing needs of the digital collectibles market.

This patent application from Tencent marks significant progress in its digital collectibles technology development, potentially driving further advancements in digital collectibles applications. This technology can be applied not only in the blockchain field but also in derivative technologies like cloud computing and the Internet of Vehicles.

As the digital collectibles market continues to grow, more and more companies will join the ranks of digital collectibles technology research and application. Tencent's patent application not only reflects its optimistic view of the digital collectibles market outlook but also provides new ideas and directions for the development of digital collectibles technology. With the continuous advancement of technology, digital collectibles will likely become more widely used in various scenarios, becoming an indispensable part of people's lives.

Furthermore, this patent has sparked industry discussions about the future direction of digital collectibles:

• Technical Standards for Digital Collectibles: As digital collectibles applications continue to develop, establishing unified technical standards for digital collectibles will become crucial, helping regulate market development and enhance user trust.

• Expansion of Digital Collectible Application Scenarios: Beyond current art and cultural and creative product domains, digital collectibles can be applied in more scenarios, such as games, music, film and television, and education, offering users a more diverse experience.

• Integration of Digital Collectibles with the Real World: In the future, digital collectibles will be more closely integrated with the real world. For example, digital collectibles could be linked to physical goods, realizing diverse applications of digital collectibles.

In conclusion, Tencent's patent application for "Object Role-Based Digital Collectibles Processing Method" suggests that digital collectibles technology is entering a new stage of development. With the continuous advancement of technology, digital collectibles will likely become more widely used across various fields, providing greater value for users.