U.S. Patent 11113754 was awarded to NIKE, Inc. on September 07, 2021 and is entitled “Event-based distribution of cryptographically secured digital assets.” The first named inventor is Hien Tommy Pham of Beaverton, OR. The abstract contains an overview of the patent disclosure:

A method of event-based distribution of a cryptographic digital asset includes receiving, from a computing device associated with a user, an indication that the computing device is located at a predetermined venue within a predetermined window of time; receiving a unique owner identification (ID) code associated with the user; receiving a unique code acquired by the user; determining a unique digital asset ID code corresponding to the received unique code, the unique digital asset ID code being representative of the cryptographic digital asset; and transmitting a cryptographic block to a distributed blockchain ledger to record transfer of the cryptographic digital asset to the user, the cryptographic block comprising both the unique digital asset ID code and the unique owner ID code. Link to Full Patent

This blockchain patent was originally filed on December 09, 2019  as U.S. Patent Application 16/707720 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11113754. The primary examiner was Mohammed Waliullah.

NIKE, Inc., who is the original assignee of this patent, has at least 10869 total granted patents in the United States as of the date of this article. This blockchain patent has been cited 0 times by other U.S. patents according to our law firm research, and can be considered an innovative patent in the field of cryptocurrency and blockchain.

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