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Smartlicense technology

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

1
Content provider uploads it into IPStock ecosystem using one of the business applications
2
Content is placed to a repository and an entry is made in the license registry
3
Information about licensing terms are automatically distributed across IPStock ecosystem and cannot be changed
4
License registry checks the payment, license terms and confirms the license
5
Content customer pays off the license in any convenient way
Content
Provider
Business
Application
for content management or/and trading
Distributed encrypted repository and license transactions registry
Business
Application
Content
Customer
Other IPStock Ecosystem Users
Content Customers, Providers, Agencies
7
After every license sale content provider receives a royalty for their content
6
Content customer receives the content files
Want to Learn More?

Visit ipstock.com for more details.