Ascribe Raises $2 Million to Encode Artistic Copyrights on the Blockchain
Ascribe, a platform which enables artists to record their intellectual properties on the Bitcoin blockchain has raised US $2 million in a seed funding round from investors including Barry Silbert's Digital Currency Group, Earlybird Venture Capital, Freelands Ventures, and other angel investors.With the new financing, Ascribe aims to improve its platform....
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A new L.A based startup Verisart has announced its future plans to launch a decentralized platform that will help artists and collectors to document, verify and certify artwork. The announcement comes two weeks after the US$2 million investment secured by a platform called Ascribe, which enables its users to encode copyrights to their artworks. Now, with the soon to be launched platform, Verisart is trying store a worldwide record of art and collectibles with standard meta-data on the blockchain that can immediately be availed by collectors, artists and insurers, thus creating a 100%....
Ascribe.io believes your digital content is worth something, and that banks and other financial institutions should see such work as collateral. Such a paradigm shift could change the global economy as we know it, and Ascribe.io is on the front lines. Ascribe.io is working to help usher art into the digital age with blockchain-based authentication for digital projects. The company has been in production since February 2015, beta since fall 2014, and alpha since late 2013. The startup has been working closely with artists, galleries, museums, conferences and others in the art ecosystem.....
Earlier on NewsBTC we discussed about various uses of Blockchain technology. One of the applications we discussed about is regarding its use in managing and defending intellectual property. Presenting Ascribe, a company working along the same lines. Ascribe offers its intellectual property management services to the artists, collectors and galleries. Gone were the days when artists used to paint on canvas and waited days for the paint to dry so that they can paint a fresh coat. Most of the arts now used on computers or other digital devices. Unlike conventional physical paintings and....
The world is currently shifting towards decentralized organization. This can be seen with emerging technologies like the internet, Bitcoin, and smart contracts. Just recently Bitcoin.com got together with Dennis Wittrock of encode.org, a group dedicated to bolstering the idea of decentralized, autonomous, and “purpose-driven” organization. Technology and....
One of our favorite topics at NewsBTC is proof of existence, whereby a single hash value can be used to authenticate any data in existence. We've written extensively about how this will revolutionize real estate and healthcare, its applications for blockchain systems, and how it will evolve in the future. That's how we know that this concept is the future, which will soon revolutionize intellectual property, as well. Just as we've embraced decentralized content development and distribution, we plan to promote the new IP movement, and so have made ascribe our latest strategic partner.....