CPC G06Q 20/38215 (2013.01) [G06Q 10/02 (2013.01); G06Q 20/3226 (2013.01); H04L 9/3213 (2013.01); G06Q 2220/00 (2013.01); H04L 2209/603 (2013.01)] | 17 Claims |
1. A computer implemented method comprising:
determining seat data associated with a seat within a venue to be tokenized;
determining a monetary value associated with the seat data based at least in part on location data associated with the seat data, wherein the monetary value is determined based at least in part on how close the location data indicates the seat is with respect to an event;
associating a non-fungible token (NFT) with the seat data;
determining digital rights and obligations to associate with the NFT;
entering the monetary value of the NFT and the digital rights of the NFT to a distributed ledger network; and
generating a smart contract between a first entity and a second entity that assigns ownership of at least one of the NFT or the digital rights to the first entity, the second entity being associated with the venue.
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