MUMBAI, India, Sept. 12 -- Intellectual Property India has published a patent application (202411012838 A) filed by Bennett University, Greater Noida, Uttar Pradesh, on Feb. 22, 2024, for 'blockchain enabled secure transactions for online gaming.'
Inventor(s) include Dr. Shakti Sharma; and Dr. Aditya Bhardwaj.
The application for the patent was published on Sept. 12, under issue no. 37/2025.
According to the abstract released by the Intellectual Property India: "Disclosed herein is a blockchain-enabled secure transaction system meticulously devised for online gaming environments, ushering in a realm of enhanced security and transparency for in-game transactions. The system encompasses a transaction initiation unit, expertly configured to receive and process transaction requests emanating from game players. The unit is operatively coupled to a blockchain transaction module, which is tasked with recording and verifying the transactions on a blockchain, ensuring an immutable and transparent transaction record. Subsequently, a smart contract execution unit, interlinked with said blockchain transaction module, facilitates the automation of game-related transactions pursuant to predefined rules, rendering a streamlined and trustless transaction execution paradigm. Adding a layer of validation, a transaction verification unit, operatively coupled to the smart contract execution unit, stands vigilant to confirm the validity of executed transactions, ensuring stringent adherence to game rules and regulations. The system melds the cryptographic robustness of blockchain with the dynamic world of online gaming, crafting a secure, autonomous, and verifiable transactional ecosystem, thereby significantly elevating the integrity and trustworthiness of online gaming transactions."
Disclaimer: Curated by HT Syndication.
