Verona Holdings Sezc

Verona Holding Sezc

Yantis, Jonathan

Seldon, Jason

Sliwka, Lukasz Jakub

Bliven, Brent

Quigley, William Edward

El-tahry, Teymour

Cella, Charles

Lukasz Jakub Sliwka

William Edward Quigley

Jonathan Yantis

Brent Bliven

Teymour El-tahry

Jason Seldon

Charles Cella

Systems and methods for tokenizing real-world items for use in digital commerce are disclosed. In some embodiments, a digital token transaction system configures a set of attributes for a set of digital tokens that are cryptographically linked to a set of virtual representations of a set of items. The set of attributes includes at least one temporal attribute that defines a time after which redemption rights of the set of tokens for the items expire.

Configuring a set of digital tokens with a temporal attribute that determines a timing of redemption of the set of digital tokens for a corresponding set of items

Systems and methods for facilitating electronic transactions for real world items linked to digital tokens. The systems and methods leverage an item management system configured to provide an interface, generate virtual representations of real-world items, generate digital tokens, and generate links between the tokens and the virtual representations. The systems and methods further leverage an integration system configured to handle a request from a streaming platform, server an electronic advertisement corresponding to a real-world item, receive a transaction notification, and initiate an assignment of a digital token corresponding to the real-world item to an account.

Integrating cryptographic tokens representing real world items into media streams

A loan process smart contract manages a collateralized loan process for a loan against a collateralized item, the collateralized loan process including tokenizing and locking a collateral token that tokenizes the collateral item, managing distributed appraisal of the collateral item, monitoring terms of the loan, and detecting an unlocking event of the loan for unlocking the collateral token.

Token-based smart contract-managed decentralized lending processes having a distributed appraisal stage

In embodiments of the disclosure a method is disclosed for exchanging digital tokens from a message-based application is disclosed. The method includes displaying, by a digital wallet GUI, an inventory of tokens that are owned by a user. Each token is linked to a virtual representation of an item and redeemable for an instance of the item. The method also includes receiving an instruction to transfer a digital token from the inventory of tokens to a recipient, receiving a selection of a media content, and embedding a token identifier of the token in an electronic message that is sent to the recipient, such that the recipient can select the selectable media content to accept to the digital token into a respective account of the recipient.

Graphical user interface for transferring redeemable tokens from a user device

In embodiments of the present invention, systems are provided for tracking a set of secure digital tokens, each of which uniquely represents an item, including an interface configured to handle a set of unique identifiers, a cryptographic token generation system that generates a set of unique digital tokens, each of the set of unique digital tokens including a set of digital attributes that correspond to the set of item attributes, a cryptographic linking system configured to generate a cryptographically secure, one-to-at-least-one link between the unique digital token generated by the cryptographic token generation system and the unique identifier for the unique unit of the item, and an escrow system configured to handle the items that are represented by the set of unique digital tokens pending redemption of a respective one or more unique digital tokens from the set of unique digital tokens.

Tokenization platform for tokenizing items

The present disclosure includes methods for authenticating items in part of a tokenization workflow. In embodiments, the method includes receiving a photograph of, and information relating to, an item, and generating a virtual representation of the item. The item may be authenticated by making an authentication request via a portal to subject-matter authentication experts, wherein the portal displays the virtual representation of the item in the portal. An authentication report may be received from the experts, and a non-fungible digital token having a unique token identifier may be generated. The non-fungible token may be cryptographically linked to the virtual representation of the item on a cryptographic ledger and ownership data of the non-fungible token is updated to associate an account of an owner of the item with the digital token on the cryptographic ledger.

Authenticating physical items in a tokenization workflow

A loan process smart contract manages a collateralized loan process for a loan against a collateralized item, the collateralized loan process including tokenizing and locking a collateral token that tokenizes the collateral item, managing distributed authentication of the collateral item, monitoring terms of the loan, and detecting an unlocking event of the loan for unlocking the collateral token.

Token-based smart contract-managed decentralized lending processes having a distributed authentication stage

In embodiments of the present invention, methods are provided for receiving a request to collateralize a collateral item of a user seeking a loan, along with information and a photograph of the collateral item. A processing system may generate a virtual representation of the collateral item based on the information and photograph and generate a digital token based on the virtual representation. Ownership of the digital token may be assigned to the user seeking the loan and an instance of a smart contract governing the loan may be generated and deployed, the instance of the smart contract indicating an amount to be paid back by the user to the lender and one or more conditions that cause ownership of the digital token to be transferred to the lender.

Techniques for digital token-based collaralization and lending

A tokenization platform that utilizes smart contracts for facilitating token-based transactions for items is disclosed. The system includes an item management system that generates a virtual representation of an item based on item attributes thereof and that generates a smart contract that defines conditions for self-executing a transaction relating to the item. The system includes a tokenization system that generates a digital token that corresponds to the item that is cryptographically linked to the virtual representation thereof. The system also includes a ledger update system that updates a cryptographic ledger with the virtual representation, the digital token, and the smart contract corresponding to the virtual representation, wherein in response to determining that the set of verifiable conditions are satisfied, the smart contract instructs the ledger update system to transfer the digital token to an account of a user that transacted for the item.

Tokenization platform

A loan process smart contract manages a collateralized loan process for a loan against a collateralized item, the collateralized loan process including tokenizing and locking a collateral token that tokenizes the collateral item, managing distributed stages of authentication, appraisal, and safekeeping of the collateral item, monitoring terms of the loan, and detecting an unlocking event of the loan for unlocking the collateral token.

Token-based smart contract-managed decentralized lending processes that manages a set of loan process stages

In embodiments of the present invention, methods are provided for maintaining a plurality of public addresses, and a plurality of virtual representations of a plurality of respective items. For each virtual representation, a set of digital tokens may respectively correspond to an item represented by the virtual representation, and each digital token may be cryptographically linked with the corresponding virtual representation. Owners of a token may request redemption of the digital token and have ownership information and fulfillment details verified. Fulfillment details may be provided to a fulfillment system that satisfies transactions for items.

Techniques for redemption of digital tokens and fulfillment of items

A system for tokenizing multiple incompatible cryptocurrencies is disclosed. The system includes an interface that receives a request to tokenize defined quantities of two or more cryptocurrencies that are tokenized in accordance with respective tokenization protocols and are maintained on different cryptographic ledgers. The system includes a token generation system that generates a tokenized token that represents the defined quantities of the cryptocurrencies in accordance with a specific protocol that is different than the respective protocols to provide a unique tokenization of the defined quantities cryptocurrencies. The system further includes a ledger update system that writes the tokenized token to a cryptographic ledger that is compatible with the specific tokenization protocol and assigns the tokenized token to an account of the user that owns the defined quantities of cryptocurrencies on the compatible ledger, thereby allowing the user to participate in transactions using the defined quantities cryptocurrencies.

System for tokenizing multiple cryptocurrencies

In embodiments, a method for facilitating token-based transactions for real-world items in video games using digital tokens is disclosed. The method includes receiving, by the video game instance, an in-game advertisement from a video game integration system, wherein the in-game advertisement is an advertisement to transact for an advertised real-world item represented by an advertised digital token generated by the tokenization platform and includes a visual indicum corresponding to the digital token. The method also includes presenting, by the video game, the electronic in-game advertisement to the user via a display device of the user device and facilitating a transaction by the user for the advertised real-world item. The method also includes transmitting, via the video game, a request to the video game integration system requesting updating of ownership data of the advertised digital token to reflect that the user is the respective owner of the advertised digital token.

In embodiments, a system for tokenizing incompatible currencies is disclosed. The system includes a currency bridge that receives a request to tokenize an amount of currency for a user, verifies verify that the user has the defined amount of currency and that the currency has been locked in an account such that the user is unable to transfer the defined amount of currency from the account, and in response to verifying that the defined amount of currency has been locked, request generation of an NFT in accordance with a tokenization protocol that represents the locked currency. The system includes a token generation system that generates the NFT and a ledger management system that associates the NFT with an account of the user on a cryptographic ledger that stores NFTs that are defined in accordance with the protocol, thereby allowing the user to transact using the NFT.

A tokenization system that facilitates token-based trades of items is disclosed. The system includes a token generation system that generates digital tokens that are cryptographically linked to respective item identifiers of respective items. The system includes a ledger update system that writes the digital tokens to a cryptographic ledger and updates ownership data thereof to reflect respective owners of the digital tokens. The system also includes a trading system that facilitates non-monetary exchange of the items using the digital tokens, whereby a transfer system initiates a transfer of a second digital token to a first account of a first user and a second transfer of a first digital token to a second account of a second user on the cryptographic ledger in response to the trading system facilitating a trade of the first item and the second item between the first and second user.

Growing community of inventors

Long Beach, CA, United States of America

Lukasz Jakub Sliwka