Cheer Holding acquires national patent for Method and System for NFT Trading

Cheer Holding announced the acquisition of a national patent certificate for its “Method and System for NFT Trading” from the National Intellectual Property Office. This pioneering invention tackles the security challenges and content protection limitations present in digital collectible transactions, ensuring both transactional security and content integrity for digital collectibles. By enabling secure and seamless transactions and transfers of non-fungible tokens, or NFTs, this achievement solidifies the Company’s position as an industry powerhouse in the field of blockchain technology. The patented invention encompasses various aspects of NFT trading technology, including robust buyer and seller authentication, precise grayscale analysis of authenticated seller’s digital collectible frame images to extract the unique address code associated with each digital collectible.