IPChain(IPC)-Revolutionized Way of Protect Intellectual Property
The first major hurdle for innovators and creators is the issue of protecting their intellectual property (IP). This is due to an outdated system, which makes it difficult, exhausting and expensive to classify intellectual property and search databases, perhaps decades ago, to determine whether their intellectual property can even be patented. Because of these difficulties, obtaining legal labor rights can be a real problem. For example, if someone shares a POI before applying for a patent, another person may have a patent. This environment is naturally hostile to the exchange of innovative ideas, IPCHAIN wants to change that.
The main plan of IPCHAIN is the protection of intellectual property in all its forms, whether research or art or invention and more, thanks to the possibility of blocking. They want innovators and researchers to share their work safely and easily, without worrying about deleting their IP address. In addition, the market will also be available for IP trading in this system. The market can allow creative people to easily market their ideas to investors and innovators who want to advance them. Contracts throughout the block will allow easy and secure transfers between all parties involved. This market is a little new in technology because, in general, the creator must spend more time classifying and marketing its IP address before it can attract potential interests. IPCHAIN, while retaining an IP address in a secure channel, also offers the ability to demonstrate that something has been created. For example, the author, keeping his literary address in IPCHAIN, will have irrefutable proof of the date of manufacture or, at least, of the date on which he had it in the chain. This applies to all other artistic activities that must have proof of the date of creation for the practical application of copyright in the legal process.
The current IPCHAIN plan revolves around the Ethereum blockchain and the Interplanetary File System (IPFS). ETH offers fast, low-cost transactions, but the IPCHAIN architecture is designed to provide transitions to other public keys needed to ensure transactions are always fast and cost-effective. IPFS is a relatively new project, which has proven very effective in its ability to store files with string blocks. Use block strings to completely control and protect data, which is then stored and locked in multi-string databases, which can only block hash strings. IP-based search will also be possible with the IPCHAIN architecture using a large number of index requests that can be quickly accessed to meet the needs of advertisers and innovators.
Identification of IPChain(IPC)
Because this is based on the Ethereum blockchain, IPCHAIN has the option to use a token system. The IPCHAIN marker will be the ERC20 standard marker, which will allow the full use of intellectual contracts in its platform. Starting March 24th, token sales will begin with innovative IPCHAIN solutions to share and store IP addresses. Participants who participate in pre-sale preparations will be able to reach the first floor in a new and promising way to exchange and store valuable data. See your complete white paper here for the rest of the details of this project.
Benefits of IPChain for Intellectual Property
The original consensus mechanism of the DPOC
The IPChain blockchain uses an authorization mechanism, which is 40 times faster than bitcoin. Its bandwidth is over 80 times the transactional capacity of Bitcoin and can handle up to 800 transactions per second. This improved speed is excellent for receiving high frequency transactions. The extraction process for IPC is more stable, more economical and does not spend as much resources.
Creative business model of UTXO
IPChain extends the original UTXO model to allow customization of various types of transactions to include IP. This can help the user to store, confirm, authorize and process any intellectual property, if necessary.
IPChain has extended the signature algorithm for encryption and decryption. To support multi-signature algorithms, such as the SM3 hashing algorithm and the SM2 elliptical SM2 public and private key algorithms. This makes the calculation of the key system safer and more convenient.
Complex and flexible transactions
The IPChain transaction model is designed for a variety of complex business functions, including real estate auctions, real estate transactions, private transactions, audiovisual property ownership transactions, ownership of real estate transactions and cumulative contributions.
IPChain commercial applications
The new value of the knowledge economy
This blockchain is developed specifically for knowledge-based properties. It can support the preservation and protection of various media and content, such as the protection of the right to evidence, the source of evidence and the preservation of evidence of copyright.
IRC20 Trading Model
Their usual IRC trading model is very similar to the Ethereum ERC20 model and is designed to create digital resources to represent the knowledge of digital IP. Anyone, company or organization can use this model to create, transfer, exchange and authorize digital assets in blockchain. This specially designed model is designed to consider reliable IP digital security requirements.
Support for mobile apps
The UTXO model can support many features, such as lightweight portfolios and push packages, which can be installed on mobile devices to create customized and decentralized mobile apps. This model can support IPC blockchain and customize it with APP apps, API services and mobile app / Internet combinations.
The biggest problem with intellectual property is, of course, to protect it when it is launched around the world. How do you show your IP and protect it? This problem occurs every day and many intellectual property owners prevent the battle from fading. A common strategy to identify and protect intellectual property has been monopolized by large organizations that are too expensive to register their intellectual property. The course is long and complex and many people do not show up to obtain a certificate of intellectual property. This great monopoly puts all exemptions in the hands of the organization and never in the hands of the creators. Thanks to the innovations associated with the block chain, people now have the opportunity to show and protect their mental properties for a portion of the associated costs. All clients must do this by registering their IP address in a block chain, they can usually have a reliable stopwatch that can not be altered or falsified. This allows the issuing of authentic certificates, which can then be issued and used to protect intellectual property. The IPC network was created to be a completely new infrastructure in the field of intellectual property, which can provide safer, greener and more accessible services for registration and protection of intellectual property. Currently, they work with tourism teams to implement IPChain’s commercial functions in important commercial information fields, technological innovations, audio and video production, digital publishing and cultural transmission.
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