Invention Publication
- Patent Title: NFTs as a Backup/Restore Option
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Application No.: US18187607Application Date: 2023-03-21
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Publication No.: US20240126649A1Publication Date: 2024-04-18
- Inventor: Joseph Robert Brannan , Brain N. Harvey , Edward W. Breitweiser , Joseph P. Harr
- Applicant: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
- Applicant Address: US IL Bloomington
- Assignee: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
- Current Assignee: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
- Current Assignee Address: US IL Bloomington
- Main IPC: G06F11/14
- IPC: G06F11/14 ; G06F16/27

Abstract:
The following relates generally to creating a backup of data and/or settings of a smart device. In some embodiments, one or more processors receive the data and/or settings of the smart device. The one or more processors may then mint a non-fungible token (NFT) that references a link to a data storage area. The data storage area may store: (i) an identification of the smart device, and/or (ii) the received data and/or settings of the smart device. The following also relates generally to providing a warranty of an item. In some embodiments, one or more processors detect an indication of a sale. The one or more processors may then mint a warranty non-fungible token (NFT) that: (a) is owned by the owner of the item, (b) identifies the item, and (c) identifies warranty information of the item.
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