Tuesday, September 26, 2023

LG electronics desires patent for TV that permits NFT buying and selling

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LG electronics wants patent for TV that enables NFT trading

Since 2020, LG has been accountable for a server on the Hedera Community.

LG is pursuing patent safety for a tv that permits the buying and selling of non-fungible tokens (NFTs).

LG pursues patent for TV enabling buying and selling of NFTs

The gadget would have the ability to hook up with an NFT market server, obtain preview art work, and make purchases utilizing the consumer’s cryptocurrency pockets, which might be linked to the TV.

LG began placing NFTs on its TVs final September when it launched its Artwork Lab market, which was linked to the Hedera Community. LG has been a node supplier on Hedera Community since 2020.

The choice to file for a patent signifies that LG anticipates continued shopper demand for NFTs and sees a enterprise rationale for making them extra accessible.

The South Korean firm is just not the one electronics behemoth to acknowledge the potential of incorporating NFTs into televisions. In January 2022, Samsung launched an NFT market on three of its televisions, supported by Nifty Gateway.

Content material Supply: coindesk.com

About Tina

Tina concentrates on all issues associated to NFT and Web3. Tina makes use of social media to identify NFT developments and report distinctive information.

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