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Nokia files patent for digital asset encryption as it eyes blockchain potential

  • Nokia has filed a patent for encrypting digital assets, signaling its interest in blockchain technology.
  • The patent was filed in June 2024 and focuses on encrypting assets using a secure data version and linking them to an entity through an identifier.
  • This move suggests that Nokia is expanding beyond its telecommunications legacy and embracing emerging technologies.
  • Earlier, Nokia announced plans to develop network architectures for blockchain, smart contracts, artificial intelligence, and the Internet of Value.

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