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Something interesting:
Challenges:
Currently, monetization of digital content through tokenized assets’ marketplace is mainly suited for media-oriented content types, such as music, paintings and books, in oppose to a blog post, a new algorithm, or an academic study.
Unforeseen regulation of cryptocurrency is always a looming shadow over the community. However, as a growing number of senior figures in the economical sector and top tier companies are starting to publicly shift favorably towards it, this shadow seems to gradually diminish.
This challenge might be in the form of a slow integration into the market, as the ecosystem branches out to content creators who are not yet part of the community.
Solution:
NKOR’s novel technology authenticates digital data, which is then linked to a transaction on a blockchain via smart contracts, timestamps it to provide an immutable and publicly readable record of authenticity, tracks the uploading and sharing of the same content by non licensed entities, verifies the IP and copyright of content creators, and allows them to monetize from its distribution. NKOR’s groundbreaking technology for processing data, using a multi-layer index hashing algorithm, will be implemented on blockchain for the first time, revolutionizing the existing system of digital data distribution.
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