NIKE, Inc.
Event-based distribution of cryptographically secured digital assets

Abstract:

A method of event-based distribution of a cryptographic digital asset includes receiving, from a computing device associated with a user, an indication that the computing device is located at a predetermined venue within a predetermined window of time; receiving a unique owner identification (ID) code associated with the user; receiving a unique code acquired by the user; determining a unique digital asset ID code corresponding to the received unique code, the unique digital asset ID code being representative of the cryptographic digital asset; and transmitting a cryptographic block to a distributed blockchain ledger to record transfer of the cryptographic digital asset to the user, the cryptographic block comprising both the unique digital asset ID code and the unique owner ID code.