Researchers, artists and companies alike need to protect their intellectual property. This can become highly difficult if such information has to be shared prior to obtaining the corresponding IP rights. IPCHAIN Database has therefore developed a set of tools to make the sharing of sensitive information much easier and more secure.
IPCHAIN Database is based on decentralized blockchain technology, an incorruptible digital ledger. By securely and privately storing confidential information on IPCHAIN Database, the innovator will be able to quickly select, adapt and use non-disclosure agreements (NDA) for the safe sharing of information. The other party will only be able to access this information upon signing the NDA, with proof of signature and the time-stamped document being permanently stored on the Blockchain.
The NDA is a legally binding contract that outlines the information both parties wish to share, and serves as proof of the parties’ agreement to not disclose the non-public information. IPCHAIN Database will thus make the sharing of information faster, safer and easier and will support collaboration in scientific, artistic or business contexts.
IPCHAIN Database's system will also make the transfer of intellectual property faster and easier for both sellers and buyers. In the past, it has been difficult for holder of rights to digital assets to prove ownership, but IPCHAIN Database means that sales contracts between parties will now be completely transparent and much easier to prove.
In addition to the mere documentation of such transfers, IPCHAIN Database will also make certain that the actual transfer depends on the receipt of the stipulated price, thereby increasing the safety of both parties, and ensuring that innovators can monetize their work more effectively.
For more information on better protecting your innovations please visit www.ipchaindatabase.com.