NEM Ventures has recently invested in SharpShark, a Symbol-powered timestamping solution that protects creators’ copyrights. SharpShark also enables the transfer and tokenization of intellectual property, and the auto monitoring of violations.
SharpShark’s mission is to detect plagiarism, eliminate copyright infringement, and give makers full control over their creations. Ultimately, the solution creates a fair and equitable decentralized solution for protecting intellectual property. SharpShark protects text and image copyrights – by timestamping, saving in full, and tokenizing intellectual property. Designed with the end user in mind, the solution can be leveraged by creators across industries, ranging from writers, academics and journalists to photographers, artists and designers.
In order to protect work, SharpShark publishes the digital signature of the text and images to the Symbol blockchain alongside the author details to prove authorship in compliance with GDPR policy. The data is then stored in immutable form.
Sasha Ivanova, CEO and Co-Founder of SharpShark, commented: “As long-standing members of the blockchain community, we’ve followed the NEM project for years, and the Symbol blockchain suits perfectly for intellectual property management. Symbol has a layered architecture that enables trustlessness, and performance optimisation, which was a natural fit for our solution. We’re excited to work with the NEM Ventures team to further develop our product, with the aim of making copyright and intellectual property protection more accessible and equitable.”
SharpShark’s suite of use cases span media, academia and user-generated content platforms.
Writers and journalists can detect plagiarism, prevent copyright violations and generate a portfolio of their intellectual property. This enables media outlets to monetize content by combining anti-plagiarism detection and timestamping into one unified solution.
Academics have the ability to eliminate academic misconduct and establish a priority of findings. The solution also tracks plagiarism, enabling institutions to track and punish plagiarizers as they deem appropriate.
Creatives such as photographers, artists, designers can utilize SharpShark to prove authorship and effectively track their creations in one consolidated space.
SharpShark was founded by Sasha Ivanova, an IT-engineer, award-winning writer and one of CoinTelegraph Latam’s ‘Top-100 Blockchain Entrepreneurs’, and Valeriia Panina, a crypto native content designer and former Managing Editor of an analytical agency.
To-date, SharpShark has tested their solution with Cispen, the journalists’ union, and the project is currently participating in the Start-Up Chile Seed acceleration program.