Crypto Tech

Investment made for IP Protection Application

SharpShark, a Chilean blockchain start-up company, has made it’s leverage on technology to help protect content creators and retain the copyright for their works.

NEM Ventures, venture capital fund for blockchain, has made its investment in SharpShark. It is said that the start-up company will offer timestamping solutions for content creators that will protect their intellectual properties. The platform is also known to provide tokens with or transfer their creations.

SharpShark is designed explicitly for creators such as writers, journalists, photographers, artists, and designers. The platform will generate a digital signature that is going to be converted to symbol blockchain. The data will then be stored in immutable form and will comply with privacy policies.

They use span media cases and user-generated content platforms. Writers and journalists can use the platform to detect plagiarism, fight copyright infringements, and built their portfolio with their intellectual properties.

Co-Founder and General Partner of NEM, Kailin O’Donnell said

“Existing timestamping solutions have fallen short, and copyright deposits are extremely costly. SharpShark’s digital timestamping service records artwork, aiming to protect creators’ moral rights to their work by detecting plagiarism and copyright infringement.”

There have been multiple attempts to secure and provide data privacy for every content creator but has been pushed back due to the pandemic. However, the fight to protect intellectual property is still on-going. At the same time, there is still no concrete solution to protect their work.

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