2024/3/1
ID Holdings Co., Ltd.
ID Holdings
Obtains Patent for Blockchain Interoperability
ID Holdings Corporation (Headquarters: Chiyoda-ku, Tokyo; President and CEO: Masaki Funakoshi; hereinafter referred to as "our company") has obtained a patent for a solution related to the interoperability of blockchain data as of February 19, 2024.
This patented technology is expected to contribute to reducing security risks in blockchain-based applications by enabling secure data collaboration between different blockchains.
Patent Overview
Patent Number: Patent No. 7440590
Title of Invention: Authentication System, User Terminal, Authentication Method, and Program
Registration Date: February 19, 2024
Summary: This foundational technology enables proper collaboration between decentralized networks while reducing security risks. By allowing secure interoperability between decentralized networks, such as token economies, using distributed ledger technologies like blockchain, it facilitates the transfer of unique values inherent to each decentralized network, including NFTs.
Utilization Image of the Patent
This technology allows for interoperability not only between different token economies but also within the same token economy. This expands the potential applications of blockchain technology across various industrial sectors, beyond just token economies.
Future Developments
In addition to this patent, our company has obtained two other blockchain-related patents: Patent No. 7357174 on September 27, 2023, and Patent No. 7436730 on February 13, 2024. Based on these patented technologies, our group's software development and solution business divisions will collaborate to realize new ecosystems.
The ID Group will continue to engage in research and development of cutting-edge technologies such as blockchain, aiming to be an IT engineering partner that delivers an exciting future 「Waku-Wakuする未来」.
Reference Pages
Patent No. 7357174 obtained on September 27, 2023:
https://www.idnet-hd.co.jp/news/4124
Patent No. 7436730 obtained on February 13, 2024:
https://www.idnet-hd.co.jp/news/4158
【Contact Information】
Information Development Co., Ltd.
Contact Person： Digital Solutions Sales Department, Mr. Kaminuma
Telephone Number： 03-3262-1734
Email Address： marketing@idnet.co.jp
Website：https://www.idnet.co.jp