The post Nokia Files Patent for Digital Asset Encryption appeared first on Coinpedia Fintech News
In a significant development for the tech and blockchain sectors, Finnish telecom giant Nokia has filed for a patent related to the encryption of digital assets. On December 23, the China National Intellectual Property Administration (CNIPA) disclosed a patent application that outlines a device, method, and computer program aimed at encrypting digital assets.
The patent application also revealed that the device and program involve a component which is specifically designed for the encryption of digital assets. It also outlines the use of indexes of digital assets for encryption purposes, suggesting that the proposed technology could provide an essential function for digital asset security.
Nokia’s Blockchain and Metaverse Ventures
For a long time, Nokia has been exploring innovations in blockchain and the metaverse. In 2021, it launched the Nokia Data Marketplace, a blo
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