The application follows the release of LG's own NFT platform last September, based on the Hedera network.
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.
According to LG's application, its technology allows devices to connect with a crypto wallet and an NFT market server to enable transactions. When connected to an NFT market server, the device incorporates onscreen QR codes that let users complete transactions via a cryptocurrency wallet.the release of LG's own NFT platform last September — the LG Art Lab Marketplace is based on the Hedera network. It allows TVs running webOS 5.0 or later versions to trade digital artworks.
It's unclear if the TV will integrate with different wallets or be restricted to LG's Wallypto, the company's smartphone crypto wallet, which is also available on its Art Lab Marketplace.disclosed a partnership with cloud-based technology platforms Oorbit and Pixelynx to bring the metaverse directly into viewers' living rooms. At the time, Cointelegraph reported that the collaboration was designed to allow customers to explore interconnected virtual worlds, concerts and artificial intelligence multiplayer games through their LG TVs.
LG is not the only big tech company working to integrate Web3 into its products. Last year, its competitor Samsung
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
LG Electronics Seeks Patent for TV Which Lets Users Trade NFTsElectronics firm LGUS is seeking patent protection for a television that enables users to trade NFTs. By JamieCrawleyCD.
Read more »
Colts, Republic Services free electronics recycling event at Lucas Oil StadiumThe Indianapolis Colts and Republic Services are teaming up to host a free electronics recycling event this weekend at Lucas Oil Stadium. Check out what items are eligible to be recycled.
Read more »
Drop off unwanted electronics and prescription drugs Saturday in Park RidgeIf you've got unwanted prescription drugs, old electronics or documents that need shredding, head to the Maine Township hall in Park Ridge on Saturday.
Read more »
Column: Californians deserve the right to repair their electronics — even if Big Tech hates itTech companies have been making it harder and harder for consumers to fix their own devices, writes columnist bcmerchant “It’s by design that they make it feel hard. Which is precisely why California lawmakers should turn the trend around.”
Read more »
Breakthrough in 3D printing: elastic conductors for stretchable electronicsThe key to this remarkable achievement lies in a special ink developed by researchers at the Korea Institute of Science and Technology.
Read more »
Fueled by artistic passion, NFTs have found a permanent home in the art world
Read more »