NIKE had 17 patents in ecommerce during Q2 2024. NIKE Inc’s patents in Q2 2024 focus on computer-implemented methods for granting authorization to produce physical units of footwear or apparel represented by cryptographic digital assets, designing consumer products like footwear using simulation interfaces, manufacturing customized articles of footwear based on customer evaluations, and improving inventory systems using RFID information for team scanning sessions. GlobalData’s report on NIKE gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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NIKE had no grants in ecommerce as a theme in Q2 2024.
Recent Patents
Application: System and method for providing phygital forge of cryptographic digital assets (Patent ID: US20240195614A1)
The patent filed by NIKE Inc. describes a computer-implemented method that allows users who have acquired cryptographic digital assets representing footwear or apparel to produce a limited number of physical units of the represented items. Users are granted authorization to produce a predetermined quantity of physical units based on the digital asset they own, and they can place orders for these units through an electronic portal. The system fulfills these orders by extracting design files associated with the digital asset, manufacturing the specified quantity of physical units, and shipping them to the user or their customers. Additionally, the method includes features such as tiered manufacturing authorizations based on sales volume, exclusive resale rights for users, and secondary market trading through an internet-based storefront.
Furthermore, the patent outlines criteria for determining the maximum number of physical units a user can order, considering factors like the rarity of the digital asset, market demand, user status, and engagement levels. Users can request production of physical units through a portal, with the manufacturing process initiated based on the request. The method also includes provisions for exclusive resale rights, unique identifiers linking physical units to digital assets, and providing APIs or web applications for direct orders from customers. Overall, the patent details a comprehensive system for enabling the production and distribution of physical products based on cryptographic digital assets, with a focus on customization, limited production quantities, and user engagement.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
