Coordination and Management of Digital Asset Endorsements

ChangeBridge: Patent Grants - Business Methods (G06Q)

Published April 7th, 2025

Detected April 8th, 2026

Summary

USPTO granted Disney Enterprises, Inc. Patent US12597003B2 for a blockchain-based system enabling the tracking of digital asset endorsements using cryptographic keys and smart contracts. The system verifies digital asset ownership through public key infrastructure and tracks endorsement rights exercises with associated fee calculations. The patent contains 20 claims and was filed under application number 17960085.

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What changed

USPTO issued Patent US12597003B2 to Disney Enterprises covering a hardware processor-based system for tracking digital asset endorsements on blockchain. The system receives endorsement tracking requests using an endorser's private key, obtains digital assets with cryptographic endorsement identifiers, verifies ownership via public keys, and tracks rights exercises governed by smart contracts with associated fees.

This patent grant establishes intellectual property rights for blockchain-based endorsement tracking technology. Competitors developing similar digital asset verification or NFT endorsement systems should review this patent for potential licensing needs or design-around considerations. Entertainment and media companies utilizing blockchain for digital collectibles or content verification face potential licensing implications.

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Source document (simplified)

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Coordination and management of digital asset endorsements

Grant US12597003B2 Kind: B2 Apr 07, 2026

Assignee

Disney Enterprises, Inc.

Inventors

Adam D. Eivy, Dionysius Mavromatis, Katharine S. Navarre, Christiaan A. Cokas, Charles V. Pritchard

Abstract

A system includes a hardware processor and a memory storing software code. The hardware processor is configured to execute the software code to receive a request to track exercises of one or more right(s) associated with a digital asset p using a private key of an endorser of the digital asset, obtain the digital asset including an endorsement in the form of a cryptographically unique identifier referencing a public key corresponding to the private key and associated with a public persona of the endorser, and verify, using the public key, a present ownership of the digital asset. The hardware processor is further configured to execute the software code to track each of the exercises of the right(s), and identify, based on a smart contract governing the exercise(s) of the right(s), a respective fee for each of the exercises of the right(s).