Roscosmos’ Bold Initiative
In a cosmic race that’s beyond just rocket science, Russia’s space agency, Roscosmos, is stepping into the digital realm to protect its intellectual property. By harnessing the power of blockchain technology, they aim to combat infringement within the ever-expanding space industry. Who knew that protecting orbital patents would require a tech tool from Earth?
Introducing IP Guard
So, what is this intergalactic IP protector? Meet IP Guard, a solution designed on the Waves Enterprise blockchain platform. This hybrid blockchain was developed by the homegrown Waves firm, proving that even in space, local talent can launch big ideas!
How Does IP Guard Work?
IP Guard functions like a digital watchtower for intellectual property. It allows Roscosmos to maintain a secure and verifiable database of IP data objects—from satellite designs to rocket technology. Need proof? The tool coordinates a team of experts ranging from patent professionals to auditors. Talk about a space-age dream team!
The Blockchain Advantage
Why blockchain, you ask? Igor Kuzmichev, Waves Enterprise’s chief commercial officer, highlighted its magical properties:
“The most notable properties of blockchain are data immutability and the possibility of verification. Centralized registries cannot provide these properties.”
More Than Just Protection
But wait, there’s more! IP Guard isn’t just a defensive line; it’s also an engaging platform. The technology enables Roscosmos to reward citizens who detect IP infringement with cosmotokens. No, not a ticket to the moon, but rather a sweet treat—these tokens can be traded for merchandise from Roscosmos or other space organizations. Who wouldn’t want a space-themed keychain, right?
A Future in the Stars
Currently in beta testing, IP Guard is set to launch fully in the summer of 2021, positioning Roscosmos as a pioneering force in the realm of smart technology and space law enforcement. And it doesn’t stop there! With a track record of various blockchain implementations—from powering parliamentary elections to automating services for major banks—Waves’ expertise is creating ripples across sectors.
