A recent report published on WIPO’s global database for intellectual property disclosed LG Electronics’ application to acquire an NFT trading patent for its Smart TV. Notably, the WIPO guide states that a filing application can only be published after 18 months. As such, the South Korean tech company filed for the patent in November 2021. Now LG is awaiting the remaining steps to grant or deny the patent. LG’s Technology Supports NFT Trading On Smart TV The LG technology will enable users to connect their crypto wallet and an NFT market server for trading. After connecting to the NFT server, users will see an onscreen QR code to enable them to transact through their crypto wallet. Related Reading: PEPE Attempts Market Rebound, Surges By 28% In 24 Hours Before this patent application, LG launched an NFT platform, “LG Art Lab marketplace,” in September 2022. The platform launched on the Hedera network which allows all smart televisions running webOS 5.0 or the later versions to trade digital arts. Users can buy and sell high-quality digital artwork on the Smart TV home screen. Also ..
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