Capital One Financial had 24 patents in metaverse during Q2 2024. Capital One Financial Corp has filed patents for methods and systems involving sharing cryptographic tokens based on user’s real-world actions through social media for verification, demonstrating personalized ATM presentations based on user transaction and feedback data, storing mutable user data in Non-Fungible Tokens (NFTs), managing partitions of decentralized autonomous organizations (DAOs) using smart contracts, and presenting augmented reality views personalized based on user and physical environment data. GlobalData’s report on Capital One Financial gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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Capital One Financial had no grants in metaverse as a theme in Q2 2024.
Recent Patents
Application: Systems and methods for sharing validated user activity (Patent ID: US20240214204A1)
The patent filed by Capital One Financial Corp. describes methods and systems for sharing cryptographic tokens based on a user's real-world actions through social media to confirm the authenticity of those actions. By generating and using cryptographic tokens, the system ensures that the user's activity is verified and validated. The tokens are posted to a social media platform for verification, allowing the system to confirm the user's activity accurately.
The system involves receiving requests to generate non-fungible tokens based on user activity, determining the address associated with the user's cryptography-based storage application, generating the token using an on-chain program, and posting the activity data to a social media platform. Additionally, the system includes operations for registering user accounts, storing token identifiers, validating activity data, and enabling users to select tokens from a list. Overall, the patent outlines a comprehensive system for sharing and validating user activity through the use of cryptographic tokens and social media platforms.
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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.
