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Nokia files patent for device that encrypts digital assets
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Nokia, the telecommunications giant, filed a patent for a digital asset encryption device. According to the announcement, the solution promises to facilitate the protection and management of sensitive information.
As Nokia emphasized, the launch emphasizes its commitment to emerging technologies, such as Web3, in its 2030 strategy, pointing to the interconnection of the physical, digital and human worlds in solving global challenges.
According to the Chinese website Sina Finances, Nokia appears to have surrendered to blockchain. In June, the company’s Chinese arm filed patent application number CN119155674A. The text of the record, which began circulating on social media on Monday afternoon (23), indicates that it is a method and a computer program capable of encrypting a digital assetcreating a summary of the asset’s contents and linking the encrypted key to a user identity.
According to registration details, when activated, the device creates an encryption key (first key call) to scramble the asset information. This process makes the information unreadable to anyone who does not have the correct key.
Nokia, cryptography and digital assets
After encryption, the device generates an index of the encrypted digital assets. This The index acts as a reference that makes it easier to find and manage assets. In practice, it allows the user or system to access specific information without having to decrypt all the data each time.
For each encrypted digital asset, the device assigns a unique identifier. THE identifier may include a subscription number and other identifiers that distinguish the asset. As a result, each encrypted file or document can be easily recognized and accessed, even if it is protected.
Furthermore, the device may generate additional IDs through key export functions that combine the encryption output with the user identifier. In other words, the user who created the crypto asset will have am identifier associated with your operationswhich you can use for different interactions within the system.
Founded in 1885, Nokia has always stood out for being in the cutting edge of new technologies. Initially a cellulose factory, in just under 100 years the Finnish company became one of the largest telecommunications companies in the world. Now, the company is looking to the future once again. In its strategy report for 2030, the company highlighted the Web3 as one of its foundations.
It is worth highlighting that the company has invested in what it calls the internet of value, also known as Web3. The company believes that this new way of connecting, popularized by cryptocurrencies, will serve several purposes and will be the future of the internet.
In the future, exchanging value will be the same as the data exchange we carry out today, and with the help of blockchain these exchanges will be fast, cheap and easy, decentralizing the entire financial system.
Nokia files patent for device that encrypts digital assets
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Nokia files patent for device that encrypts digital assets
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Nokia files patent for device that encrypts digital assets
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Nokia files patent for device that encrypts digital assets
