Vaultitude ICO Review
|1 IP = 0.00428 ETH
|ETH, BTC, BCH, NEO, Fiat
Thanks to Blockchain technology, Vaultitude (formerly called IPCHAIN Database, webpage: www.vaultitude.com), a browser based software for intellectual property (IP) protection and management will become a revolutionary new standard for this multi billion USD industry. All stakeholders in the IP industry consider Blockchain technology a potential game changer for the IP industry due to its notary-like character – but no solution is available yet.
The browser based platform offers free registration and is tailored toward the needs of millions of researchers, inventors, individual artists, companies and patent & trademark offices and will be suitable for all types of IP including inventions, designs, scientific findings, art, code, files and trade secrets.
The Vaultitude demo is available at the project’s website and Vaultitude v1.0 will already get released prior to the ICO.
Vaultitude has been designed together with leading stakeholders in IP. Vaultitude will solve the challenges, which millions of innovators face on a daily basis:
– Safe Storage of IPs and Trade Secrets – Proof of Authorship & Practical application of Copyrights – Defensive Publication will be faster, safer and cheaper. – Sell / License / Transfer of confidential data documented on the Blockchain – Sharing of Confidential Data by putting NDAs on the Blockchain – Search & Analyse IP data – Networking – Filing Patents & TMs – Peer Review and Ratings
Vaultitude entertains partnerships with a number of leading stakeholders such as WIPO Green, the tech division of the World Intellectual Property Organisation (WIPO), the highest authority in IP worldwide, a UN agency, and Dennemeyer Group, a global law firm and leader in IP services as well as leading research institutions and universities.
Vaultitude explains about Blockchain & IP at conferences and workshops organised by the European Patent Office (EPO), European intellectual Property Office (EUIPO) World Trade Organisation (WTO), World Intellectual Property Organisation (WIPO), local patent offices, various universities and important international associations such as IEEE and LESI.
Securely store your IP
Vaultitude offers a digital vault in which all types of IP can be securely stored. Corporate accounts are ideal for teams working together with different user rights and a log documenting all actions of the users. Optimal protection against data corruption, fire or theft.
Clear proof of copyright
Gives secure proof of first authorship accepted in legal proceedings, trials or patent applications and reduces the risk of infringement by deterrence. Quickly resolves disputes, improves the speed of removal of infringing content and thus avoids costs.
Superior defense mechanism
Faster and safer than publication in scientific journals, which requires third parties to become privy to the invention before actual publishing. Safer than server-based services as the data will be on the Blockchain. Documents publication and actual access. Ensures freedom of use, prevents others from filing a patent.
Safe sharing of information
Vaultitude supports the easy sharing of confidential information by sending out a simple link to a third party, that gets access to the data only after signing a non-disclosure agreement (NDA) which is also saved to the blockchain. This proves that access happened only after the acceptance of the legal terms and conditions.
A versatile marketplace
Their software allows users to assign multiple owners to each IP. Each IP can then be sold or licensed and the proceeds from that are automatically distributed among the owners according to their share of the rights. All transactions and the associated contracts are documented on the Blockchain.
Protect existing patents
Publishing incremental changes to existing patent protected technology is ideal for defending patent portfolios. By making new concepts publicly available, third parties are prevented from filing patents for improved products and the original patents retain their value.
Finance your ideas
In countries in which a grace period after publication of a new invention exists, the author retains his right to file a patent. The platform can thus be an e ective tool in pre-seed financing by helping inventors to raise the funds for filing a patent and/or commercializing it – thanks to better protection and higher visibility of a published IP.
Build a network & peer review
Built for optimising the daily work of scientific communities and within a corporate environment, the platform helps connect and collaborate with colleagues and external partners through network and messaging features and peer review capabilities, which allow giving feedback on published IP.
Find expert help
Inventors and researchers are usually leading experts in their respective field of technology. However, the drafting and filing of patent and trademark applications requires the help of experienced IP professionals. Vaultitude helps user to find such experts and allows for the secure transfer of confidential information.
|April 2017: First brainstorming session with IP experts.
May 2017: Putting together the team.
June-August 2017: Technical design of IPCHAIN database.
September 2017: Researching stakeholder requirements.
October 2017: Launch of homepage and social media channels.
November 2017: Technical and regulatory specifications, Set up of legal structure.
December 2017: Partnership with IP institutions, IP stakeholders and universities, Release of White Paper.
Q1 2018: UI and prototype development, Advisory Board announcement, Feedback from pilot users.
End of Q1 2018: Token Pre-Sale.
Q3 2018: Release of Vaultitude 1.0
Q3 2018: Vaultitude Token Sale.
2018: Networking and integration by international institutions and stakeholders.
2019: Release of Vaultitude 2.0
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Vaultitude Official Website