Nike Sports Shoes Block Chain Patent Technology Approved, Able To Generate Digital Version For Each Pair Of Sports Shoes.

According to a document released by the United States Patent and Trademark Office on Tuesday, the US sports giant Nike (Nike) patent application for CryptoKicks sports shoes based on block chain technology has been approved.
With this patent, Nike can track and verify the ownership and authenticity of shoes purchased by customers. First of all, after consumers buy sports shoes, Nike will generate the only ID code for them. Secondly, Nike will also create a digital version of the shoes purchased for users in the digital encrypted money purse. In addition, Nike generates digital sports shoes and provides consumers with a digital encryption token based on block chain platform Ethereum.
Among them, the digital version of sports shoes covers a large amount of information about shoes purchased, including color, fabric, manufacturing information, sustainable information and environmental protection information.
The so-called CryptoKicks refers to the above digital sports shoes and encrypted tokens. The so-called digital encryption wallet is a "digital locker", which ensures the safety of all digital assets, including digital sports shoes, encrypted tokens, ID codes and so on. If the shoes are sold to others, all these digital assets will be transferred to the "new owner" of the shoes.
The owners of CryptoKicks sports shoes can cooperate with each other and integrate their respective digital sports shoes together to design new styles and make them into genuine sports shoes.
In addition to Nike, some jewelry, luxury goods and beauty retailers have begun to introduce block chain technology in recent years. Last January, De Beers (Day Beers), the world's largest diamond producer and Anglo American (British American resources), announced that it would launch the first block chain platform for the diamond industry in order to track the registered diamond "every hand change from Unearthed to consumers".
In April last year, IBM, the US technology giant, announced that it had joined four gold and diamond industries and an independent laboratory to develop a block chain project, TrustChain Initiative, for tracking jewelry products from mines to shops.
In May this year, French luxury goods group LVMH announced that it will launch its first global block chain certification platform, Aura, which aims to help consumers trace the source of luxury goods and other identity information. Not long after, the luxury watch brand Vacheron Constantin (Vacheron Constantin) of Richemont, the Swiss luxury group, announced that it would use the certification process supported by the block chain technology to combat counterfeit and shoddy products and ensure the authenticity of the products throughout the life cycle for the owners.
In June this year, Farfetch, the online luxury fashion retail platform, announced that it would join the Facebook led block chain project Libra. In early December of this year, Cult Beauty, a cosmetology supplier, worked with block chain business service platform Provenance to improve the transparency of beauty products and verify the brand's environmental and ethical standards with block chain technology.