Cheer Holding announced the acquisition of a national patent certificate for its “Method and System for NFT Trading” from the National Intellectual Property Office. This pioneering invention tackles the security challenges and content protection limitations present in digital collectible transactions, ensuring both transactional security and content integrity for digital collectibles. By enabling secure and seamless transactions and transfers of non-fungible tokens, or NFTs, this achievement solidifies the Company’s position as an industry powerhouse in the field of blockchain technology. The patented invention encompasses various aspects of NFT trading technology, including robust buyer and seller authentication, precise grayscale analysis of authenticated seller’s digital collectible frame images to extract the unique address code associated with each digital collectible.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CHR:
- Cheer Holding Secures National Patent for Groundbreaking NFT Trading Method and System
- Cheer Holding Releases AI Animated Miniseries “Mystical Realm of Mountains and Seas”
- Cheer Holding Reports Full Year 2023 Financial Results
- Cheer Holding reports 2023 EPS $3.53 vs. $3.95 last year
- Cheer Holding secures national invention patent for AI core technology
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue