Patent Application for NFT Tradeable TV from LG - Coinleaks
Current Date:September 21, 2024

Patent Application for NFT Tradeable TV from LG

LG Electronics has applied for a patent for an NFT tradable television.

LG has completed its patent application for an NFT tradable television that it has been working on for a while. The company had previously continued to develop projects to integrate NFT and its televisions.

LG Completes NFT Tradeable Television Application

LG Electronics has filed a patent that allows NFT trading for Blockchain-based Smart TV. According to information published in WIPO’s global intellectual property database, LG’s application was filed in November 2021.

LG’s app allows devices to connect to a crypto wallet and an NFT market server to enable transactions. LG also launched its own NFT platform, the LG Art Lab Marketplace, last September. LG is not the only major tech company working to integrate Web3 technologies into its products, its rival Samsung is also actively investing in NFT and Metaverse projects and has announced a new line of smart TVs integrated with the NFT platform.