Developed in 2018 by Intellectual Property Depository and Management S.A., Switzerland as a part of the ecosystem for visual media assets management using distributed registry technologies.
Smartlicense is meant to be used by all market players for commercial licensing and royalties tracking of visual digital content: individual authors, professional content providers, distribution agencies and end-users. Technology is uniquely positioned among ways of licensing widespread in the market, such as royalty-free and rights managed.
Licensing conditions are registered in IPStock’s blockchain by smartlicense and checked out automatically when every further licensing occurs, automatically blocking misuse and guarantee getting set target of royalty.
Smartlicense technology is open – any market player can start using it, installing open-source software and integrating it to their application or website.
Technology also allows to realize multiple any/or nonstandard conditions of licensing.
How it works