Bitproof.io: Protecting IP Rights Through the Blockchain

Bitproof.io: Protecting IP Rights Through the Blockchain

Recently, I discovered a cool new service that allows anyone to verify an idea, document, or file on Bitcoin’s blockchain. Bitproof is one of the first companies to expand on the idea of document storage within the blockchain, one of the many uses of Bitcoin 2.0, the next generation of blockchain functionality. Bitproof is one of many companies participating in the Boost VC incubator in Silicon Valley. Boost VC was founded by Tim Draper and currently provides funding and mentoring to several Bitcoin startups. After looking into Bitproof.io more, I knew that I wanted to write about it.....


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An Interview With BitProof Creator Louison Dumont

17-year-old, Louison Dumont, is a French entrepreneur known for his work with Boost VC’s accelerator and his creation, BitProof. The service is a blockchain-based certification system that protects the rights of artists, writers and anyone else. Dumont started coding when he was eight, and hasn’t stopped since. When Dumont was thirteen, he started mining Bitcoins when GPU miners were still used and spent a whole weekend googling the digital currency. Dumont is also the creator of Merkle, which some refer to as the “Google for Blockchains.” Simply put, Merkle is a blockchain search engine....

Blockchain Based Crypto-will Fulfils Last Wishes

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BitProof: 17-Year-Old Entrepreneur Brings University Diplomas to the Blockchain

Louison Dumont, a 17 year-old entrepreneur, has partnered with venture capital investor and Draper Fischer Jurveson founder Tim Draper to launch Bitproof, a platform which enables individuals and organizations to digitally establish contracts and legal documents using the blockchain. Currently, the startup is focused on creating digital seals and issuing cryptographic keys to create unique university diplomas, due to the rising number of fraudulent university certificates and documents. Today, it is ridiculously easy to counterfeit university diplomas because there is no public and readily....

Proof-of-Existence on Blockchain for IP and Innovation

The Bitcoin technologies, namely blockchains are sidechains are used for various other purposes than just for registering and facilitating transactions over the Bitcoin network. Some of the new companies like Astroblocks and Bitproof are building Proof-of-Existence platforms (there is also another platform by the same name) over the Bitcoin blockchain. These Proof-of-Existence platforms provides a smart tamper-proof way of storing encrypted information on the Bitcoin blockchain. Each file stored on the blockchain will be associated with a unique irreplicable transaction hash. These....

Quotes

There are more people in the world who need a currency they can trust than there are people in the world who can trust their currency.

Wences Cesares (Xapo CEO)