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Blockchain-based IP Protection Application Gets Investment

Blockchain-based IP Protection Application Gets Investment

Blockchain enterprise capital fund NEM Ventures has reportedly invested in SharpShark, a Chilean startup leveraging the Image blockchain platform to supply timestamping options for content material creators to guard their mental properties. It is going to additionally enable them to tokenize or switch their creations. 

Content material creators and blockchain digital safety 

In accordance with the report, SharpShark is designed for creators starting from writers, teachers and journalists to photographers, artists and designers. The platform will create a digital signature that can be issued to textual content and pictures to the Image blockchain. The information is saved in immutable type and is compliant with privateness insurance policies. 

SharpShark’s most important use circumstances span media, academia and user-generated content material platforms. The corporate stated writers and journalists can use SharpShark to detect plagiarism, stop copyright infringements and create a portfolio from their mental properties. Kailin O’Donnell, Co-Founder and Common Associate at NEM Ventures added that: 

“Present timestamping options have fallen brief and copyright deposits are extraordinarily expensive. SharpShark’s digital timestamping service information art work, aiming to guard creators’ ethical rights to their work by detecting plagiarism and copyright infringement.”

As Cointelegraph beforehand reported, blockchain know-how can tremendously assist one of many best challenges for digital content material creators: sustaining copyright over their work.

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