IPChain(IPC)-Magnificent Way of Protect Intellectual Properties(IP)


IPChain is an application created using blockchain technology, designed to help the creation and protection of intellectual property. The company was founded in October 2016, before doing months of research on technical solutions, market analysis and access to the best intellectual property experts. Later all this investigation, they decided that the greatest way to put on the correct expertise to IPChain is UTXO using a model alike to the Bitcoin network.
The Problem
The biggest problem with IP is to protect it once it’s launched around the world. How do you show your IP and protect it? This problem occurs every day and many IP owners struggle with missing battles. Traditional methods of defining and protecting intellectual property are monopolized by large the organizations that charge high prices for their IP records. The process is long and complicated, and many people never reach the end to get their IP certificates. This great monopoly places all the power in the hands of the organization, and not in the hands of the creators. Thanks to blockchain technology innovation, people now have the opportunity to test and protect their intellectual property for a portion of the cost. All users must the register their IP address blocks in the chain, and now they can prove their property with a trust mark in time that can not be changed or modified. It allows you to publish an original certificate, which can then be made public and used to protect IP. The IPC chain was created to become a new IP infrastructure capable of providing safer, more efficient and more affordable applications for the registration and protection of intellectual property. Currently, they work with a group of partners to build commercial IPChain applications with sufficient resources of knowledge, technological innovation, audio and video production, electronic publishing and audiovisual culture.
Benefits of IPChain for Intellectual Property
The original consensus mechanism of the DPOC
The IPChain blockchain uses an authorization mechanism, which is 40 times faster than bitcoin. Its bandwidth is over 80 times the transactional capacity of Bitcoin and can handle up to 800 transactions per second. This improved speed is excellent for receiving high frequency transactions. The extraction process for IPC is more stable, more economical and does not spend as much resources.
Creative business model of UTXO
IPChain extends the original UTXO model to allow customization of various types of transactions to include IP. This can help the user to store, confirm, authorize and process any intellectual property, if necessary.
Sophisticated algorithm
IPChain has extended the signature algorithm for encryption and decryption. To support multi-signature algorithms, such as the SM3 hashing algorithm and the SM2 elliptical SM2 public and private key algorithms. This makes the calculation of the key system safer and more convenient.
Complex and flexible transactions
The IPChain transaction model is designed for a variety of complex business functions, including real estate auctions, real estate transactions, private transactions, audiovisual property ownership transactions, ownership of real estate transactions and cumulative contributions.
IPChain commercial applications
The new value of the knowledge economy
This blockchain is developed specifically for knowledge-based properties. It can support the preservation and protection of various media and content, such as the protection of the right to evidence, the source of evidence and the preservation of evidence of copyright.
IRC20 Trading Model
Their usual IRC trading model is very similar to the Ethereum ERC20 model and is designed to create digital resources to represent the knowledge of digital IP. Anyone, company or organization can use this model to create, transfer, exchange and authorize digital assets in blockchain. This specially designed model is designed to consider reliable IP digital security requirements.
Support for mobile apps
The UTXO model can support many features, such as lightweight portfolios and push packages, which can be installed on mobile devices to create customized and decentralized mobile apps. This model can support IPC blockchain and customize it with APP apps, API services and mobile app / Internet combinations.
Moreover-IPChain(IPC)
IPCHAIN ​​data base purposes to transform the guard of intellectual property (IP) by using the Blockchain decentralized technology to efficiently defend the interests of customers. Shareholders and key stakeholders on intellectual property provision the IPCHAIN, including the law of the world’s largest law (Group Dennemeyer), WIPO Green (Division of WIPO, World Intellectual Property Organization), universities and organizations research leaders. The enormous potential for integrating technology Blockchain in managing intellectual property has been discussed in recent articles in the Official Journal of WIPO and significantly improve modern to protect artists, researchers, inventors and creative strategies. deal. The database IPCHAIN ​​protects the interests of users and unerringly sets authorship, providing the fastest, easiest and safest way to strengthen intellectual property, including discoveries, original research and fiction and scientific manner. The platform’s architecture also provides users with the tools to securely exchange information in a confidential IP address by downloading undisclosed documents to Blockchain. In addition, it offers a secure market for the transfer of intellectual property in relation to the transfer of ownership documents and contractual agreements. The IPCHAIN ​​database was developed to guarantee the secure storage and exchange of confidential company information (trade secrets). This platform is specifically designed to meet the needs of innovators in the academic, private and corporate sectors. The use of the IPCHAIN ​​database, which will be launched by the end of 2018, will require the use of the IPCHAIN ​​token. It will be available for purchase through an authorized sales company. Presale from March 24.
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 Conclusion
IPChain is a new blockchain technology designed to revolutionize the way we record, protect and build intellectual property. If successful, it will be easier for individuals and organizations to protect, purchase and sell intellectual property rights around the world through faster and simpler methods than traditional processes.
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