On 28th August 2021, the US-based blockchain company HashCash Consultants revealed the idea behind a blockchain-based Intellectual Property Protection Prototype. It is believed that the concept is still in the preliminary development stage, but once it is ready, it will help prevent the original content’s plagiarism.
Information about the Idea
The proposed idea will make the platform secure and help develop ideas and actual concepts and designs. To assure that the concept or technique is genuine, a unique hash will be generated from the digital objects ane attached to the blockchain. This will act as the proof-of-origin and proof-of-existence. A make sure the identity of the users, a verification feature will be added. This technology will also help in identifying the origin of the contribution made.
About The Global Blockchain Company
HashCash is a US-based multinational software company. It helps in making cross-border payments for trade finance, remittance, and so on. The managing director of HashCash is Raj Chowdhury. He is also the MD of PayBito and BillBitcoins. The firm offers crypto exchange and solutions in Big data and AI.
The firm aims at taking into account all forms of digital concepts and designs such as animation clips, digital sketches, and many more within its solution. With the technological innovations in the present scenario, crypto mining in various cryptocurrencies, i.e. Ethereum (ETH), Bitcoin (BTC), and Dogecoin (DOGE), have become common.
A fast-growing trend in blockchain technology is growing due to the vast array of applications for users. Blockchain mining gained momentum after the 1st block of bitcoin was mined, known as the genesis block.