0xResearch Bringing IP Onchain With Story Protocol | Andrea & Jason
Feb 4, 2025
Join Jason and Andrea as they explore the future of intellectual property in the digital realm. They discuss how blockchain and AI can transform IP management and licensing, making it more efficient. The conversation highlights a decentralized validation service that protects creators' rights while navigating disputes. Fascinating applications in DeFi are showcased, including the on-chain use of popular songs. Together, they envision a user-friendly landscape for creators, blending innovation and technology to revolutionize the IP space.
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Story Protocol's Purpose
- Story Protocol is a Layer 1 blockchain designed for intellectual property (IP).
- It aims to create a standardized, global, and programmable ledger for IP rights.
Traditional IP Licensing vs. Story Protocol
- Traditional IP licensing involves high transaction costs, unclear ownership, and lengthy negotiations.
- Story Protocol simplifies this with on-chain IP registration, transparent terms, and automated licensing.
IP Validation on Story Protocol
- Story Protocol validates IP assets through a decentralized signaling system (IPVS).
- This system uses attestations from various service providers to determine IP legitimacy and ownership.