From the islands of Indonesia, the IP Komodo prowls South East Asia and beyond looking for succulent morsels of intellectual property news with the aim of to raising awareness of South East Asia's IP issues to help people understand this diverse region's IP complexities.
Tuesday, November 22, 2016
Vietnam company creates unique new copyright system
The Blockchain has long been talked up as a source of useful
risk reduction in transactions. Bitcoin and other systems rely on its
distributed database structure to ensure facts can be verified and so risks
reduced. An example is escrow systems for online ordering so that payment is
triggered upon delivery.
Copyright is an area where proof of subsistence and
ownership would be very suitable for a Blockchain based verification system.
a Vietnam based software developer Copyrobo has developed a web- and app-based
system for authors to create timestamped evidence of their work quickly and
accurately. Using the Blockchain and timestamps it helps creators timestamp and
Their angle appears to be that it can be used quickly and efficiently for online enforcement by allowing integration with social media.