IPChain Database: How A Intellectual Property Blockchain Works?

Today we will review a company called IPChain, if you want to know more about it, just read our review.

What Is IPChain Database?

IPChain is a company created for the protection of Intellectual Property (IP) by the use of the blockchain technology. The company’s goal is to use this new technology to replace old strategies by offering a solution to this industry. It offers a proof of authorship via publication in the blockchain, meaning that you can save something in the blockchain to prove that it is yours.

This is a very fast and cheap way to protect your IP, as the blockchain can be accessed from anywhere in the world and it is way less expensive than setting up a patent. You can use this company to secure a proof of your artistic work, concept, idea, academic work or even an invention. The idea is that this company can turn into a new way to manage IP rights and information.

By being based on the blockchain, IPChain is an incorruptible and unchangeable digital ledger which will be able to be a proof that something was yours forever. You can even use it as a legal proof that your work came before the plagiarized work if you need to because the data in which you uploaded the information on the blockchain will be immutable.

The people behind this company already have years of experience. Dominik Thor (CEO), Sergej Stein (token advisor) and Sven Möller (CTO) are the heads of the company.

How Does IPChain Intellectual Property Blockchain Work?

By using the IPChain, you will be able to store different types of publications like scientific articles, technical pieces, art, photos, trade secrets (which can be stored confidentially and only you will be able to see the content), foundational patents, pieces of literature, design, 3 content, games and product design.

IPChain can be the perfect way to store these things safely and to secure your authorship with an immutable date. This company can also be used as a way to safely store your work for some time until you have the need or the time to properly secure your IP rights. Also, it can be an excellent way to protect your work against data corruption, which is a problem that sometimes can destroy months of work.

It uses an open source model of software development which can never become a monopoly, which will secure the certainty that the company will always have its consumers as its priority and will never change the way that it acts.

The beta version of this software will be launched in the second quarter of 2018 and the final launch of the product will be at the end of the year.

How To Invest In IPChain Database?

You can invest in IPChain by acquiring its tokens during the Initial Coin Offering (ICO). The company will sell 8.500.000 tokens during the sale with a hard cap of $20.000.000 USD. The pre-sale will start on March 20 and it will last about a month. The ICO will start soon after that.

While the final price of the tokens is not yet public, the pre-sale will have a discount of 35% and the discounts during the main sale will be from 25% to 0%. You can buy the tokens from this company using only ETH.

IPChain Database Verdict

Is the IPChain a good investment for you? Yes, it can be. You know why? Because this company is using the blockchain in a very smart way to solve a real problem. By helping people to protect their IPs, the company is exploring a market that could use the blockchain in a very profitable way. This is why investing in IPChain is definitely a good idea.

It does not matter whether you want to sell the tokens of the company later or use them to access the features of the company for a smaller price. IPChain can definitely be an interesting way to spend your money independently of how you intend to use the tokens later on. Because of this, do not be afraid to invest in IPChain if you really feel that you should do it.

The choice is yours, but our verdict is very positive towards IPChain. The company seems like a very smart answer from the market to the problem of the IP protection and how the blockchain technology can be used to help in this matter.