Crypto patent-sharing marks a step in democratizing knowledge ownership
As the Crypto Open Patent Alliance continues to onboard a growing list of high-profile clients, some experts believe the organization can truly transform the industry. One of the hallmarks of the crypto industry since its inception has been its commitment to open source development as well as its transparency-centric ethos. This is best made evident by the fact that many prominent projects operating within the digital asset sector and decentralized finance (DeFi) arena today have essentially been derived from other prominent projects such as Bitcoin Cash, SushiSwap and many others.In this....
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A South Korean music sharing platform, Koong World, recently announced the registration of a non-fungible token (NFT)-based music theft prevention patent. Using this patent, the music sharing platform aims to “solve the problem of copyright protection in the rapidly growing music market.”
Tackling the Problem of Copyright Infringement in the Music Industry
A South Korean peer-to-peer music sharing platform, Koong World, recently registered an anti-music theft patent with the Korean Intellectual Property Office, a report has said. Kung World says the patent will....
On July 27, the Filecoin Foundation for the Decentralized Web (FFDW) announced it will be supporting an initiative with Harvard University’s Library Innovation Lab (LIL) called the “Democratizing Open Knowledge” program. With FFDW’s support, LIL plans to explore decentralized technologies that can preserve digital information.
Democratizing Open Knowledge
While there’s a lot of information to consume in 2022, it’s hard to verify what is legitimate and there’s a significant amount of distrust toward mainstream media sources. In the....
Car ownership is no longer as valuable of a commodity as it used to be a decade ago. In this day and ago, car-sharing and ride-hailing services are providing a viable alternative to owning a car, without the surplus of hassle in terms of maintenance, gas prices, and whatnot. Furthermore, the recent Volkswagen scandal is hurting the prospect of car ownership even more, as consumers are losing faith in car manufacturers. The sharing economy model, which may very well include Bitcoin and blockchain technology, is looking more and more appealing. Our society is an ever-evolving creature, and....
The world’s largest provider of cryptocurrency payment services, Bitpay has announced the company is joining the Square-founded crypto patent effort the Crypto Open Patent Alliance (COPA). Bitpay has been working with blockchain products since 2011 and the firm will share open-source projects and use a shared patent library with the crypto patent organization. Bitpay Joins Crypto Patent Effort COPA The Atlanta-based cryptocurrency payment and blockchain company Bitpay is joining forces with COPA. The Crypto Open Patent Alliance was originally invoked by Square, Inc., and the....
Crypto adoption in the real estate market could see fractional property ownership becoming more popular. Fractional ownership of buildings and property developments is becoming one of the adoption areas for blockchain technology in the real estate business. From democratizing access to real estate investment to improving liquidity in the market, there is an argument to be made for tokenization being a net positive for the real estate space.Tokenization via fractional real estate investment is also another example of the emerging “sharing economy” that seems to be encouraging crowdfunded....