公开(公告)号：US20250069155A1

公开(公告)日：2025-02-27

申请号：US18785568

申请日：2024-07-26

Applicant: Tata Consultancy Services Limited

Inventor： Jayantrao MOHITE ,  Dineshkumar SINGH ,  Suryakant Ashok SAWANT ,  Sanat SARANGI ,  Vaibhav Sadashiv LONKAR ,  Mariappan SAKKAN ,  Srinivasu PAPPULA ,  Ajay MITTAL

IPC: G06Q40/12 ,  G06Q40/04 ,  G06Q50/02

Abstract: A method and system for dynamic value determination and performance based royalty calculation of non-fungible tokens (NFTs) created for agricultural assets is disclosed. The method enables reliable and authentic ownership tracking and the removal of frauds/biases affecting the valuation of the said asset(s), as all the transactions are recorded and visible to everybody on the platform. Various biases, such as location (or spatial), temporal or human judgment-based biases in the existing valuation systems are removed by having dynamic and performance-based valuation approach proposed in this invention. NFT valuations of farm diary and farm art have hardly been proposed in earlier works. Royalty or reward computations from agricultural NFTs has not been attempted. Thus, the method provides performance or creation-based (creation of IP, Knowledge base, Geographical Indication IP) royalties/rewards for the NFT owner or entities involved in the process.