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[Labi1995]

Oregon-based footwear giant Nike has been awarded a blockchain patent by the U.S. Patent and Trademark Office to create digital versions of its shoes.In the patent published on the U.S. Patent and Trademark Office website on Tuesday, Nike said that its customers would be able to register the purchase of their physical shoes with a unique identification number.The digital version of the shoes will contain a cryptographic token based on the Ethereum platform. In addition, it will also have information about the physical features of the product, including color, the material used, manufacturing details, and their “eco-sustainability” factor.‘Breed’ New ModelsThe registration of the product on blockchain would allow users to “securely sell or trade” the tangible form of the shoes, Nike said.

One of the key features would be the possibility of “breeding” new shoes, similar to what exists on Ethereum- based game CryptoKitties.Two users can agree to intermingle their shoes over the blockchain platform and create a new shoe “offspring” based on the features of the breeding shoes.Nike said that it would design the physical version of the resultant offspring shoes, subject to “manufacturing restrictions.”The users will also have the choice to limit the number of real-world shoes that can be produced from their offspring or its clones, giving them control over the uniqueness of the product, according to the patent.An equivalent digital version of the shoe will be created through a cryptocurrency wallet connected with the user’s unique ID.

The move will help users verify the authenticity of the shoes they are purchasing, among other benefits, Nike said.After months of speculation, we now know where Luka Doncic will sign. Thursday, Jordan Brand officially announced Doncic as its newest signature athlete with a video welcoming him to the Jordan family. A multi-year agreement is forthcoming as Doncic and Jordan are currently working out the finer details of the contract.“It’s a real honour to be part of the Jordan Family, especially at such an exciting time for them and for me,” Doncic said in a statement. “I’m looking forward to working with the team and hopefully making my own mark on the future of the brand.”