NIKE had nine patents in cybersecurity during Q2 2024. NIKE Inc’s patents in Q2 2024 focus on innovative technologies such as transferring digital assets between platforms, intelligent electronic footwear with automated features, a carry case for multiple electronic devices with wireless communication capabilities, and integrating cryptographic digital assets into software applications. These patents showcase the company’s commitment to advancing technology in the footwear and apparel industry. GlobalData’s report on NIKE gives a 360-degree view of the company including its patenting strategy. Buy the report here.

NIKE had no grants in cybersecurity 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 limited quantities of physical units of the represented items. Users are granted authorization to produce a predetermined number of physical units based on the digital asset they own, and they can place orders for production through an electronic portal. The method involves extracting digital data associated with the digital asset, manufacturing the specified quantity of physical units, and fulfilling the order by shipping the units to the user or their customers.

Additionally, the method includes features such as linking physical units to digital assets through unique identifiers, assigning manufacturing authorizations based on user criteria, granting exclusive resale rights, enabling secondary market trading, analyzing factors to determine production quantities, and adjusting generative algorithms based on popular traits. The patent also outlines a method for evaluating digital assets for physical production based on predefined criteria, determining maximum order quantities, providing portals for order execution, granting exclusive resale rights, and facilitating direct orders through APIs or web applications for efficient product fulfillment. The overall system aims to bridge the gap between digital assets and physical products in the footwear and apparel industry, offering users opportunities for limited production and distribution based on their digital holdings.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

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.