Blockchain-Based Game Resource Management Methods and Devices: Tencent’s Patent Application

According to reports, the Tianyancha App shows that on April 18th, Tencent Technology (Shenzhen) Co., Ltd. applied for a patent for \”blockchain based game resou

Blockchain-Based Game Resource Management Methods and Devices: Tencents Patent Application

According to reports, the Tianyancha App shows that on April 18th, Tencent Technology (Shenzhen) Co., Ltd. applied for a patent for “blockchain based game resource management methods and devices”, which was granted. The summary shows that this method includes: decrypting the transaction parameters encrypted using asymmetric encryption algorithms sent by the received game client to obtain the address, transaction resource value, and transaction type of the game resource account; Generate target transaction records for the address of the game resource account based on the transaction type and transaction resource value; Broadcast target transaction records to other nodes in the blockchain network; In response to successful verification instructions sent by other nodes for the target transaction record, adjust the resource value of the game resource account indicated by the address based on the transaction type and transaction resource value. This application can utilize blockchain technology to directly manage the resources of the game resource account indicated by its address through transaction type and transaction resource value, thereby reducing transaction costs.

Tencent Patent Available Blockchain Management Game Resources

As digital technology continues to evolve, the gaming industry is no exception to the trend. With the growth of online gaming platforms, game developers are looking for ways to improve game resource management and reduce transaction costs. According to reports, Tencent Technology (Shenzhen) Co., Ltd. has applied for a patent for “blockchain-based game resource management methods and devices.” This article explores the details of the application and what it means for the gaming industry.

Background

Tencent Technology (Shenzhen) Co., Ltd. is a Chinese multinational conglomerate holding company founded in 1998. The company is one of the largest internet companies globally, offering various internet-related services and products, including gaming. Tencent has been actively exploring opportunities to incorporate blockchain technology into its operations. The company has already launched two blockchain games, called “Hunter X Hunter: Greed Adventure” and “Fairy Hunt,” respectively, and it has invested in multiple blockchain companies such as Chain Guard, Fnatic, and Aurora Chain.

Summary of the Patent Application

The Tianyancha App shows that on April 18th, Tencent Technology (Shenzhen) Co., Ltd. applied for a patent for “blockchain based game resource management methods and devices,” which was granted. The summary shows that this method includes:
– Decrypting the transaction parameters encrypted using asymmetric encryption algorithms sent by the received game client to obtain the address, transaction resource value, and transaction type of the game resource account.
– Generating target transaction records for the address of the game resource account based on the transaction type and transaction resource value.
– Broadcasting target transaction records to other nodes in the blockchain network.
– In response to successful verification instructions sent by other nodes for the target transaction record, adjusting the resource value of the game resource account indicated by the address based on the transaction type and transaction resource value.
This application can utilize blockchain technology to directly manage the resources of the game resource account indicated by its address through transaction type and transaction resource value, thereby reducing transaction costs.

Benefits of the Patent Application

The new application by Tencent Technology (Shenzhen) Co., Ltd will revolutionize the gaming industry by incorporating blockchain technology into game resource management. Currently, the management of game resources is centralized, which leads to a higher degree of risk for gaming companies as they are susceptible to hacks or other breaches. Furthermore, the centralized system of resource management likely leads to increased transaction costs. Through the application of blockchain technology, Tencent aims to tackle both of these problems.
By utilizing blockchain technology, game resource management can be decentralized and secure. Blockchain technology offers a more immutable ledger of transactions, making it more difficult to hack. Furthermore, blockchain technology offers an inexpensive alternative to traditional transactions by using cryptocurrencies or digital coins.

Conclusion

In conclusion, Tencent Technology (Shenzhen) Co., Ltd. has submitted an application for “blockchain-based game resource management methods and devices” to revolutionize the gaming industry. This technology can bring many benefits to the gaming industry, including secure and decentralized management of game resources and significantly lower transaction costs. While it’s still early days to measure the potential impact of this application, it’s safe to say that blockchain technology will continue to change the gaming industry for the better.

FAQs

1. What is Tencent Technology (Shenzhen) Co., Ltd?
– Tencent Technology (Shenzhen) Co., Ltd is a Chinese multinational conglomerate holding company founded in 1998. The company is one of the largest internet companies globally.
2. How will this application revolutionize the gaming industry?
– The application will decentralize and secure game resource management and reduce significant transaction costs through blockchain technology.
3. What other blockchain games has Tencent Technology invested in?
– Tencent Technology has launched two blockchain games, called “Hunter X Hunter: Greed Adventure” and “Fairy Hunt” respectively. It has also invested in multiple Blockchain companies such as Chain Guard, Fnatic, and Aurora Chain.

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