Business InnovationAnnouncedLG Electronics Files For Patent For TV With NFT Trading Functionality
Milestone Date: May 23, 2023
Electronics giant LG is filing a patent for a television that will allow users to trade NFTs. The TV would be able to connect to an NFT market server, display previews of NFT artwork, and allow users to complete NFT purchases with their crypto wallet that would be connected to the TV.
LG is no stranger to blockchain technology. They have been a Hedera Network node operator since 2020, and the brand brought Hedera NFTs to their TVs by releasing the “LG Art Lab” marketplace.
Filing for a patent indicates that LG anticipates sustained consumer interest in NFTs and recognizes a business opportunity to enhance accessibility to showcase and trade NFTs via television.
By Elizabeth Morrison
Published:May 12, 2023