Monegraph: Digital Patents for Art
With more and more things becoming digitalized, intellectual property rights are straggling behind. Monegraph is one way users can stay current in this digital age, borrowing the Namecoin blockchain for the purpose of storing URLs. Monegraph, short for monetized graphics, allows you to confirm that digital images that are yours are actually indeed yours. It takes advantage of the blockchain which is normal for verifying currency, and adapts it to verify ownership of images. It is extremely easy and cheap to get started, one must first own a twitter and a Namecoin client. Once signed into....
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Monegraph, a collaborative project between a New York University professor and a technologist offers a radical new way for artists to secure digital property - by logging it in the namecoin block chain. To use the service, users sign in to Monegraph via Twitter and choose a URL location of a digital asset, such as artwork. Paying a small network fee via the namecoin QT client results in the Twitter account and URL being placed on the block chain. Kevin McCoy is the NYU professor that worked with Anil Dash to create Monegraph. An artist himself, McCoy said he had considered building....
Pryor Cashman, which is a full-service law firm, has announced the launch of a new digital art and media platform "Monegraph." What makes this platform an interesting subject for digital currency world is the fact that it claims to be utilizing the technology which is similar to the blockchain technology. Blockchain has evoked lots of discussions as it is widely being seen as the answer to an over-burdened traditional financial infrastructure. Monegraph has been described as a web-based platform that facilitates transfers of digital art, such as professional and amateur photography, and....
The digital art market can be perplexing to buyers. The absence of a physical product may seem unappealing to the consumer and presents a challenge to offer differences in quality. For instance, clear or marble vinyl limited-edition vinyl pressings can go for as much $2,000, albeit by money-hungry merchants. Even as artists try to spruce up selling digital GIFs and videos, some of which remain online for free, the challenge remains on how to put a price on digital art that can easily be duplicated. The answer may potentially be found in digital currency. On May 3, Rhizome presented the....
With the new blockchain industry growing, the rise of filing patents has become a seemingly necessary step for people starting new projects, with entrepreneurs and developers worried about patent trolls locking them out of their own ideas. A Vast Array of Patents Surround Blockchain Technology. Over the past couple years, filing patents has become a norm....
IBM’s partner IPwe will tokenize patents as non-fungible tokens (NFTs), according to a press release. The company will build an infrastructure to store the NFTs. The objective is to improve the way patents are traded. IPwe hopes to “bring new liquidity to this asset class for investors”. Hosted on IBM Cloud, IPwe’s platform operates as […]