A Nokia patent application shows that the company may be moving into digital asset encryption.
Finnish telecom company Nokia filed for a patent on a “device, method and computer program” that can encrypt digital assets.
On Dec. 23, the China National Intellectual Property Administration (CNIPA), patent office of the People’s Republic of China, disclosed that Nokia Technologies had applied for the digital asset encryption patent.
According to English translations of the application, the patent is for a device and a program with a component that encrypts digital assets.
Translation of filing CN 119155674 A by Nokia Technologies. Source: CNIPA