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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.
01:01:41
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Quick takeaways
- The new blockchain layer for IP simplifies licensing processes, reducing transaction costs and empowering smaller creators to participate more fully in the IP marketplace.
- Decentralized validation of IP assets through a unique signaling system enhances trust and prevents bias, making ownership claims more reliable and transparent.
Deep dives
The Challenges of Licensing Intellectual Property
Licensing intellectual property (IP) is often viewed as a complicated and burdensome process, deterring many from following legal avenues for using creative works. Current systems require extensive legal verification of ownership, which can cost significant time and money, creating friction in transactions. This inefficiency restricts access to the IP marketplace, making it predominantly operational for larger companies with resources, while small creators and businesses struggle to participate. By simplifying licensing through standardized processes and eliminating intermediaries, more individuals and organizations would feel empowered to engage with IP lawfully.
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Discover
highlights
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