The shoes are all blockchainized. Nike wants to issue coins on Ethereum?CrpytoKicks

Nike patents blockchain sports shoes "CrpytoKicks"

On December 11, according to thenextweb news, the US Patent and Trademark Office recently issued a patent for sports brand Nike-"CrpytoKicks".

It is understood that the patent outlines a system through which users can attach encrypted digital assets to physical products via the Ethereum blockchain. In this case, the physical product is a Nike sneaker.

When a user purchases a pair of Nike sneakers, he will receive the sole digital asset (ERC-721 token) generated based on the shoe, that is, the shoe and the token will be obtained at the same time. (Note: The generated token can record the relevant information of the shoe, including color, style, etc.)

When a user sells "cryptographic shoes" to others, the ownership of the physical product shoes and the corresponding digital assets is also transferred to the other party. According to thenextweb, users' digital assets can be stored in so-called "digital lockers" (cryptocurrency wallet-type applications).

In addition, the Nike platform can also track the ownership of items through the above system to verify the authenticity of sports shoes. It is understood that Nike has not yet put the patent into use, and the patent was initially submitted to the United States Patent and Trademark Office in April.

The trademark belongs to Nike and is described as "representing encrypted digital currency wallets, online market services, and tokens used by members."

With this, Nike now has a blockchain patent, through which patented technology can track the information of sports shoes and verify the authenticity.