Salesforce had ten patents in blockchain during Q1 2024. Salesforce Inc filed patents in Q1 2024 for systems and methods ensuring trust in the lifecycle of non-fungible tokens by verifying attributes and storing hash values in a public trust ledger. Another patent involves asset verification using unique identifying information, adding it to a blockchain, and storing it in a distributed storage system. GlobalData’s report on Salesforce gives a 360-degree view of the company including its patenting strategy. Buy the report here.
Salesforce grant share with blockchain as a theme is 80% in Q1 2024. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: Ensuring trust throughout lifecycle of a non-fungible token (Patent ID: US20240095220A1)
The patent filed by Salesforce Inc. describes a system and method for ensuring trust throughout the lifecycle of a non-fungible token (NFT). The system involves identifying network addresses, accessing files, generating hash values, modifying metadata structures, storing information in a public trust ledger, and validating smart contracts based on hash values. The method includes comparing hash values, transmitting notifications based on validation results, and utilizing machine learning models for image comparison in the context of NFTs.
The system and method outlined in the patent aim to enhance the security and trustworthiness of NFTs by utilizing hash values, metadata structures, and public trust ledgers. By incorporating machine learning models for image comparison and utilizing a listener module to monitor NFT minting events, the system provides a comprehensive approach to validating smart contracts associated with NFTs. Additionally, the patent describes the use of APIs for validation, smart contract identifiers for indexing, and notifications for communication of validation results, all contributing to a robust system for ensuring trust in NFT transactions.
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