Cryptocurrencies, blockchain, NFT and new trends

LG Electronics files patent for NFT-trading TV

South Korean tech company LG Electronics has filed a patent application for its blockchain-based Smart TV that allows users to trade nonfungible tokens (NFTs).

The information was published on WIPO’s global database for intellectual property on May 11. According to WIPO’s documentation, a patent application is published 18 months after the filing date or the priority filing. Based on this timeline, LG’s application was submitted in November 2021. The next steps include substantive examination, followed by granting or refusing legal protection to the invention.

A partial drawing of the proposed patent. Source: Wipo.

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