Systems and methods for tokenizing real-world items for use in digital commerce are disclosed. In some embodiments, a recognized activity in a workflow of a food delivery system triggers a workflow for a set of digital tokens associated with the recognized activity in a digital token transaction system.

Briefly, embodiments are directed to a system, method, and article for receiving an authorization request message for a remote commerce transaction with a particular merchant, where the authorization request message comprises a merchant universal payment identifier (MuPi). The MuPi may be extracted from the authorization request message. Validation information may be determined for the MuPi. A message may be transmitted to a payment network to enable authorization of the remote commerce transaction at least partially in response to the determination of the validation information.

A system, method, and platform for creating NFT for a physical asset and validating the authenticity of a physical asset are described. The system receives a request to validate a physical asset associated with an NFT and retrieves a media file used to create the NFT and first unique identity information present in the media file, using blockchain resources. The system displays a set of information associated with the physical asset and initiates a tag reader of a first user device to read an identifier attached with the physical asset. The tag reader can be a QR code scanner or Near-field Communication (NFC) reader. The system matches the first unique identity with the identifier to check the authenticity of the NFT asset and validates the physical asset based on matching the first unique identity with the identifier.

Systems, computer program products, and methods are described herein for linking and partitioning non-fungible tokens. The present invention is configured to receive, from a computing device of a first user, a first request to transfer ownership of a resource from a first user to a second user; retrieve, from the computing device of the first user, a first non-fungible token (NFT) for the resource; determine, using an NFT valuation engine, a first value of the first NFT; initiate an NFT generator on the resource based on at least receiving the first request; generate, using the NFT generator, a second NFT for the resource, wherein the second NFT comprises at least an indication of transfer of ownership of the resource from the first user to the second user and the first value of the NFT; and record the second NFT on a distributed ledger.

Systems and methods for tokenizing real-world items for use in digital commerce are disclosed. In some embodiments, a recognized activity in a workflow for a set of digital tokens of a digital token transaction system triggers a workflow associated with the recognized activity in a customer relationship management system.

Disclosed is a method of releasing a locked transaction encoded in a smart contract on a distributed ledger network. The locked transaction is locked by at least one hash lock condition requiring matching to a hash. The method involves: receiving entry of a passcode associated with the locked transaction: transmitting a request to generate a first hash to a contactless payment device and receiving the first hash from that device; generating a second hash based on the first hash and transaction-specific data; and transmitting an unlock request comprising the second hash and an address of the smart contract on the distributed ledger network, to a node of that network. The unlock request causes the smart contract to release the locked transaction on matching of the second hash against the hash of the hash lock condition.

Systems and methods for facilitating electronic transactions for real world items linked to digital tokens. The systems and methods leverage an item management system configured to provide an interface, generate virtual representations of real-world items, generate digital tokens, and generate links between the tokens and the virtual representations. The systems and methods further leverage an integration system configured to handle a request from a streaming platform, server an electronic advertisement corresponding to a real-world item, receive a transaction notification, and initiate an assignment of a digital token corresponding to the real-world item to an account.

A method for storing a plurality of encryption keys for processing a secured transaction on a blockchain includes: configuring at least one user device to authorize at least one user for performing the secured transaction; deploying a smart contract on the blockchain for the at least one user; storing a first private key in a memory of the at least one user device; storing a second private key in a cloud server; initiating a request for the at least one transaction by using the second private key by the cloud server; receiving from the cloud server, a notification on the at least one user device for signing the at least one transaction; using the first private key to generate a first signature in response to the at least one transaction; and sending the signed at least one transaction on the blockchain to process the at least one transaction.

Systems, computer program products, and methods are described herein for implementing layered authorization platform using non-fungible tokens. The present invention is configured to electronically receive, via a user input device, a document designated for notarization and an identification credential from a user; crawl through a distributed ledger to determine a non-fungible token (NFT) for the identification credential; retrieve, from the distributed ledger, the NFT for the identification credential; capture, via the user input device, a signature of the user on the document designated for notarization to create a signed document; generate, using an NFT generator, an NFT for the signed document; link the NFT for the signed document with the NFT for the identification credential; and record the NFT for the signed document in the distributed ledger.

A blockchain system is disclosed. A blockchain system according to one embodiment includes a plurality of nodes for communicating with each other through a distribution network and communicating with a blockchain client device outside the blockchain system, wherein each of the plurality of nodes can be configured to process transactions occurring in the blockchain system, collect vote items included in the transactions and including an account address corresponding to any one of the plurality of nodes, and elect, as a block generator, at least one of the plurality of nodes on the basis of the collected vote items. Other various embodiments identified through the specification are possible.