Chilean IP protection application gets investment in startup

The goal is to offer registration solutions to content creators to protect their intellectual properties

Blockchain venture capital fund NEM Ventures has made a strategic investment in the blockchain-based timestamp solution SharpShark, in order to protect creators’ copyrights, while allowing them to tokenize or transfer their creations.

The information was disseminated through a report issued by the fund, where it specifies that the Chilean startup is designed for a wide range of creators ranging from writers, academics and journalists to photographers, artists and designers. In turn, this digital signature will be presented in text and images to the Symbol blockchain.

The capital arm said that writers and journalists can use SharpShark to detect plagiarism, prevent copyright infringements, and create a portfolio out of their intellectual properties.

Blockchain digital protection

For her part, Kailin O’Donnell, co-founder and general partner of NEM Ventures added that time-stamp solutions “have fallen short and copyright deposits are extremely expensive.”

O’Donnell further reported that: “SharpShark’s digital timestamp service records artwork, with the goal of protecting creators’ moral rights to their work by detecting plagiarism and copyright infringement.”

K.Villarroel

Source: cointelegraph

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