The IPCHAIN database is a technological platform based on blockchain technology for a better protection of intellectual property. By partnering with key industry stakeholders, including a division of the World Intellectual Property Organization, the highest authority for unemployment insurance and the largest law firm of the global Dennemeyer group, the team behind this project succeeded makes the case of a new use of blockchain. The Ipchain database significantly integrates the existing security options under copyright and patents and meets the needs of inventors, scientists, artists, companies and innovators. Combining the advantages of a decentralized block chain database, IPCHAIN seems an unalterable record in its structure. The IPCHAIN version is, without a doubt, the fastest, easiest and safest way to test intellectual property. In addition, the platform also provides a secure exchange of confidential information and provides markets for the exchange and transfer of ownership. The idea of the IPCHAIN database concluded that some of the scientists involved in the project were looking for a better solution to the problem of protecting their intellectual property. Dominique Thor, one of the founders of IPCHAIN, explains the situation as follows:
“Innovators often run the risk of not receiving recognition or financial compensation if they can not sufficiently demonstrate their right to the Court: testimony, personal correspondence, personal documents or publications in the context of events or the Internet is proof that this is the fact that many innovators, unfortunately, do not know it first.Because of Blockchain technology, IPCHAIN is the best answer to this problem and provides irrefutable evidence’’
The persuasive advantage of the Ipchain database has led to the creation of alliances with companies that are already established by universities, research firms and international patent and trademark offices and government agencies.
Moreover-IPChain(IPC)
The IPCHAIN database, the research platform, is trying to revolutionize the protection of intellectual property with blockchain technology. Even it is a scientist, an innovator or an artist, one of the problems that is often sad is the demonstration that he is the creator of certain products and the owner of the copyright. This is especially true given the changing digital age in which we live, where abuse and illegal use of intellectual property could adversely affect the person doing this work. The Ipchain database, focused on the resolution of this problem by Homeland Security, irrefutably proves paternity leave by exchanging information about the chain block. Since all the information is stored accessible by lawyers, public and easily verifiable, you must know that the information in the database will be sufficient to prove the author’s status and the date of its use in any legal procedure. This technology will also allow product manufacturers to choose, adjust and use confidentiality agreements (NDA) to share information in a secure manner. Test of signatures and documents with timestamps permanently stored in chain blocks. The transfer of intellectual property rights is also simplified through books distributed through the use of sales contracts between the parties. In addition, to ensure the safety of the interested parties, the actual transfers will only be made once the payment is received, which will allow the manufacturers to monetize their work.
The Team
There are fourteen team members on the website platform, eight of which belong to the main team and another six members of the project advisory board. Each participant receives an appropriate LinkedIn profile, which in some cases appears to be integrated into a broad and relevant network. There seems to be a healthy emphasis on transparency with the aforementioned CEO Dominic Thor, who makes himself available via e-mail as well as through a series of YouTube publications that have been compiled into playlists, explaining in more detail each aspect of the project. Including its legal aspects
The Current Problem with Intellectual Property Industry
The biggest problem with intellectual property is actually its defense after its launch around the world. How do you confirm your IP address and support it? These problems are encountered daily, and many IP owners struggle in a losing battle. Traditional methods to identify and protect intellectual property are monopolized by large organizations that charge high prices for registering their IP address. The process is long and complex and many people never receive IP certificates. This great monopoly puts all power in the hands of the organization, and not in the hands of the creators. Thanks to the technological innovations related to the blockade, people now have the opportunity to demonstrate and protect their intellectual property at a lower cost. All users must register their IP address in the block chain and can now have a proven ownership test with a timestamp that can not be modified or modified. This allows you to issue authentic certificates that can be publicly provided and used for IP protection. The IPChain was created to become a new IP infrastructure that offers more secure, more efficient and more affordable applications for the registration and protection of intellectual property. Currently, they the work with groups of partners to implement IPChain’s commercial applications in important knowledge resources, technological innovations, audio and video products, electronic publication and culture transfer.
The Conclusion
The main plan of IPCHAIN is the protection of intellectual property in all its forms, whether research or art or invention and more, thanks to the possibility of blocking. They want innovators and researchers to share their work safely and easily, without worrying about deleting their IP address. In addition, the market will also be available for IP trading in this system. The market can allow creative people to easily the market their ideas to investors and innovators who want to advance them. Contracts throughout the block will allow easy and secure transfers between all parties involved. This market is a little new in technology because, in general, the creator must spend more time classifying and marketing its IP address before it can attract potential interests. IPCHAIN, while the retaining an IP address in a secure channel, also offers the ability to demonstrate that something has been created. For example, the author, keeping his literary address in IPCHAIN, will have irrefutable proof of the date of manufacture or, at least, of the date on which he had it in the chain. This applies to all other artistic activities that must have proof of the date of creation for the practical application of copyright in the legal process.
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