The global crypto market cap is $ with a 24-hour volume of $. The price of Bitcoin is $20,792.25 and BTC market dominance is %. The price of Ethereum is $1,527.55 and ETH market dominance is %. The best performing cryptoasset sector is Yield Farming, which gained 3%.
The Right Place to Buy, Exchange and Borrow against Your Crypto.
Patent industry to be overhauled with dynamic NFT usage to track IP management
Cover art/illustration via CryptoSlate
During the World Economic Forum meeting in Davos, IPwe Inc. and Casper Labs announced a historic move to convert 25 million patents to dynamic NFTs.
The announcement marks one of the most significant enterprise implementations of blockchain technology and the realization of a long-standing theorized use case for NFTs.
IPwe is a digital intellectual property management company that provides IP services through artificial intelligence and blockchain. Casper Labs (CSPR) offers a business-focused proof-of-stake blockchain with a market cap of $401 million as of press time.
Leann Pinton, the president of IPwe, described digital assets as a “revolutionary technology” while publicizing the patent mint.
“IPwe is proud to announce the minting of 25 million patent NFTs to foster the digital transformation of IP. IPwe Digital Assets are a revolutionary technology and the true manifestation of the promise of blockchain for enterprise.”
An NFT blockchain solution called IPwe Digital Assets has been developed by the partnering companies leveraging “permissioned distributed ledger technologies.” Alongside the proprietary network, the project also leverages the “open source Hyperledger Fabric and the public Casper Blockchain” to secure the information.
Clarivate, a global leader in data and analytics, will provide the data backing the blockchain. IPwe described the solution as offering “a simple, transparent digital representation of asset ownership” for patents.
Executive Director of the Hyperledger Foundation, Daniela Barbosa, commented.
“The innovation and scale of this deployment demonstrates the power of hybrid networks to manage critical assets in a secure and extremely efficient but also transparent and accessible manner.”
The tokenization of the patent process brings “verifiable ownership data and auditable, [and] compliant aggregated evidence records” to an essential sector for global business.
CSPR, the native token of the Casper blockchain, is down 6% on the day following the news. Integrating permissioned blockchains with public networks is divisive within the crypto industry. Many see open, transparent blockchains as the only faithful implementation of the technology. However, Casper Labs and IPwe, through this new project, are showcasing the potential of merging public and private networks for enterprise products.
Also known as Akiba, Liam is a journalist and editor of Blocklight at CryptoSlate. He believes that decentralized ledger technology has the potential to make widespread positive change. He predicts the next 10 years will bring in a dawn of a new age of technological innovation.
Breaking through resistance: Understand the factors driving Bitcoin’s surge past $21,000 in our latest market report.
Directly from this Widget: the top CEXs + DEXs aggregated through Orion. No account, global access.
Disclaimer: Our writers’ opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.
Tucker Carlson speculates the White House was forced to buy Bitcoin to pay cyber attackers to release control of U.S. airspace.
The leading cryptocurrency tanked after news of better than expected producer inflation data.
The investor sold his RPL 10 minutes after the listing announcement and scooped $55,397 in profit.
Monei to issue El Banco de España digital currency pilot to last up to 12 months.
The crypto asset’s value has rallied over the past several days.
Alameda Research’s liquidator positions have been liquidated twice in less than four days due to forcibly closing leveraged positions.
The PulseChain v2 public testnet is open, with founder Richard Heart recently informing of a private v3 testnet in operation.
Along with draining all crypto and NFTs, the attackers gained control of NFT God’s social media accounts and his Substack blog.
The fake Pi token reached a trading volume of $46.8 million on Huobi, becoming the most traded token on the exchange over the past 24 hours.
A look at how the crypto market impacted 17 of crypto’s wealthiest founders and investors since March, as per Forbes estimates.
The floor price for the former president’s NFT collection is around 0.16 ETH.
Midas will rebalance its users’ accounts by deducting 55% from it and their rewards earned. The move would allow users to withdraw 45% of their assets.
Breaking through resistance: Understand the factors driving Bitcoin’s surge past $21,000 in our latest market report.
Got a story tip? Email [email protected]e.com
Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. CryptoSlate has no affiliation or relationship with any coin, business, project or event unless explicitly stated otherwise. CryptoSlate is only an informational website that provides news about coins, blockchain companies, blockchain products and blockchain events. None of the information you read on CryptoSlate should be taken as investment advice. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own diligence before making any investment decisions. CryptoSlate is not accountable, directly or indirectly, for any damage or loss incurred, alleged or otherwise, in connection to the use or reliance of any content you read on the site.
© 2023 CryptoSlate. All rights reserved. Terms | Privacy
Please add “[email protected]“ to your email whitelist.
Stay connected via
