Nokia Technologies has filed a patent application for a “device, method, and computer program” aimed at encrypting digital assets. The application, published by the China National Intellectual Property Administration (CNIPA) on December 23, 2024, under publication number CN 119155674 A, indicates Nokia’s interest in enhancing security measures within the digital asset space.
Patent Details:
- Encryption Mechanism: The patent outlines a method where a device uses a first key to encrypt a digital asset, resulting in an encrypted version of the asset. This encrypted asset, along with an index used for the encryption, is then provided to a first network function. Additionally, the device supplies an identifier of the encrypted digital asset to a first entity.
- Potential Applications: While the patent’s specifics are technical, the described technology could be applied to secure various forms of digital assets, including cryptocurrencies, digital documents, and other data requiring encryption.
Nokia’s Foray into Digital Asset Security:
This patent filing suggests that Nokia is exploring advancements in digital asset security, potentially developing devices or software solutions to enhance encryption methods. Such innovations could play a significant role in protecting digital assets from unauthorized access and cyber threats.
Conclusion:
Nokia’s patent application reflects the company’s commitment to innovation in the realm of digital asset security. As the digital economy continues to expand, robust encryption technologies will be essential in safeguarding digital assets and ensuring secure transactions.
