The enterprise capital and funding arm of the NEM blockchain ecosystem NEM Ventures has made a strategic funding in blockchain-powered timestamping resolution SharpShark who shield creators’ copyrights whereas enabling the switch and tokenization of mental property, and the auto-monitoring of violations.
Constructed on Image by NEM, SharpShark offers a decentralized resolution to shield textual content and picture copyrights — by timestamping, saving in full, and tokenizing mental property. SharpShark is designed for creators starting from writers, teachers and journalists to photographers, artists and designers. The answer publishes the digital signature of the textual content and photos to the Image blockchain alongside the creator particulars to show authorship, all the time in accordance to GDPR coverage. The information is then saved in an immutable kind.
Commenting on the funding, Kailin O’Donnell, Co-Founder and Basic Companion at NEM Ventures:
“Current timestamping options have fallen brief and copyright deposits are extraordinarily expensive. SharpShark’s digital timestamping service information art work, aiming to shield creators’ ethical rights to their work by detecting plagiarism and copyright infringement. We imagine that every one makers ought to have full management over their creations, and are aligned with SharpShark’s mission to create a honest and equitable resolution for safeguarding mental property.”
SharpShark has a suite of potential use instances spanning media, academia and user-generated content material platforms. Writers and journalists can detect plagiarism, stop copyright violations and generate a portfolio of their mental property. This allows media retailers to monetize content material by combining anti-plagiarism detection and timestamping into one unified resolution. Additional, teachers have the flexibility to get rid of tutorial misconduct and set up a precedence of findings. Moreover, creatives akin to photographers, artists, designers can make the most of SharpShark to show authorship and successfully observe their creations in one consolidated house.
Sasha Ivanova, CEO and Co-Founding father of SharpShark, commented:
“As long-standing members of the blockchain neighborhood, we’ve adopted the NEM challenge for years, and the Image blockchain fits completely for mental property administration. Image has a layered structure that allows trustlessness, and efficiency optimisation, which was a pure match for our resolution. We’re excited to work with the NEM Ventures group to additional develop our product, with the intention of creating copyright and mental property safety extra accessible and equitable.”
Because the enterprise capital and investments arm of the NEM blockchain ecosystem, NEM Ventures promotes the expansion of NEM know-how by means of strategic funding in significant, high-tech tasks. Image, a performant, scalable and feature-rich protocol improve of NEM’s enterprise blockchain, is due to launch later this 12 months.
Valeriia Panina, Co-Founder and Product Designer of SharpShark, concluded:
“Sadly, present copyright legal guidelines are outdated and ineffective. The truth is, The Berne Conference for the Safety of Literary and Creative Works was handed 134 years in the past, with the final alterations made in 1971. At the moment, the copyright image (©) makes no distinction – nevertheless it ought to! Our resolution caters to the digital period, at a time when an improve to mental property legal guidelines is paramount.”
To see how Blockchain mental property safety works, try the instance certificates on the SharpShark web site.
NEM Ventures is the enterprise capital and investments arm of the NEM blockchain ecosystem. Specialising in excessive tech investments, NEM Ventures promotes the expansion of the ecosystem by means of strategic investments in tasks which align with the ethos of the NEM neighborhood. NEM Ventures was mandated by the neighborhood in a public vote to handle a pool of reserved funds to meet these goals. NEM Ventures focuses on tasks which display a actually differentiated product, the flexibility to generate optimistic internet revenue in the medium time period, and founders who showcase the will to transfer the blockchain ecosystem ahead. Based in 2018, NEM Ventures includes a small, extremely motivated group of funding and know-how professionals.
SharpShark was based by Sasha Ivanova, an IT-engineer, award-winning author and certainly one of CoinTelegraph Latam’s ‘Prime-100 Blockchain Entrepreneurs’, and Valeriia Panina, a crypto native content material designer and former Managing Editor of an analytical company.
To-date, SharpShark has examined their resolution with Cispen, the journalists’ union and the challenge is presently taking part in the Begin-Up Chile Seed acceleration program. SharpShark is a blockchain-powered timestamping service that helps shield copyrights and permits the switch of mental property.
Constructed on NEM Image, SharpShark protects textual content and picture copyrights by timestamping, saving in full, and tokenizing mental property. Designed for creators together with journalists, teachers and journalists, the answer publishes the digital signature of the textual content and photos to the Image blockchain alongside the creator particulars to show authorship, and then shops information off-chain in an immutable kind. SharpShark goals to create honest and equitable copyright and timestamping resolution for the digital period.
Additionally revealed on Medium.