Light & Wonder. has filed a patent for gaming solutions using blockchain and non-fungible token (NFT) components. The patent describes systems and methods for associating NFTs with game sessions, allowing for recreation of the session on local or remote devices. It also includes features such as tracking game participation metrics and providing players with tokens based on their performance. The patent aims to enhance gaming experiences across different channels and environments. GlobalData’s report on Light & Wonder gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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According to GlobalData’s company profile on Light & Wonder, cashless payment settlement was a key innovation area identified from patents. Light & Wonder's grant share as of September 2023 was 60%. Grant share is based on the ratio of number of grants to total number of patents.
The patent filed is for a gaming system using blockchain and nfts
A recently filed patent (Publication Number: US20230241514A1) describes a computing system that associates a game session with a non-fungible token (NFT). The game session is executed via a gaming device in a gaming environment, and the NFT allows for the recreation of the game session on either a local device within the gaming environment or a remote device in a different environment. The NFT is provided to a player associated with the gaming environment, and data descriptive of the game session, NFT, gaming device, gaming environment, or player is recorded on a blockchain.
The patent also includes the operation of associating the NFT with an outcome resulting from the execution of the game session. The game session can involve gameplay of a game executed on the gaming device, and the NFT can be associated with outcomes resulting from the gameplay. The gaming device can be a physical gaming device, a metaverse gaming device, an electronic gaming device, or a computer-based gaming device. Similarly, the gaming environment can be a physical gaming environment, a metaverse gaming environment, or a computer-based gaming environment.
The patent further describes a computer-implemented method that performs a blockchain mining process associated with a gaming environment while executing a game. The system tracks game participation metrics for a player participating in the game and provides the player with a defined percentage of a token based on these metrics. This incentivizes player participation and rewards them based on their level of engagement in the game.
Overall, the patent outlines a computing system and method that leverages NFTs, blockchain technology, and game participation metrics to enhance the gaming experience. By associating game sessions with NFTs and recording data on a blockchain, players can recreate and preserve their gaming experiences. Additionally, the use of blockchain mining and token rewards incentivizes player engagement and provides a tangible benefit for active participation in the game.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
