The IPChain network is based on HyperLedger Fabric - a blockchain solution platform developed by the Apache Foundation consortium together with IBM. The application of the distributed registries technology allows to make the sphere as transparent and economically effective as possible, to overcome the "trust crisis" barrier:
For authors - the ability to quickly secure rights and priority, as well as step-by-step examination by professional organizations and obtaining a patent.
For scientific and educational organizations - the freedom of involving the results of both non-commercial scientific and educational purposes and commercial ones, the creation of an effective system of rights management, the formation of effective mechanisms of fair remuneration.
For innovative development institutions - creating new products and services for intellectual property management on a common digital platform, the simplification of interactions with the state in regards to the results, state registration of rights, pre-trial and judicial dispute resolution.
For organizations of collective rights management - ensuring the transparency of use of items for rightsholders, and free exchange of information between registries of IP items and data on their use.
The decentralized IPChain network forms a single digital trust space allowing all network participants to possess up-to-date information about the created IP items, to follow the evolution of their legal protection and chains of transactions regardless of the territories in which the items are licensed and the complexity of such chains.
The network provides previously unattainable guarantees and significantly reduces risks in transactions with the items due to the openness of information about disputes and conflicts - both settled and in the process of settlement.
The network is a platform for the development of a variety of services in the field of intellectual property, making the market of services transparent. Information enabling conclusions to be drawn about the quality of services, from patent filing to conflict resolution, can be obtained from the inspector node of the network.
Finally, the decentralized IPChain network and the network of repositories allow to store and put into circulation items of a very different nature, including those created with the help of "artificial intelligence".
At the same time, all operations and development opportunities provided by the IPChain Decentralized Transaction Network fully comply with national laws, international treaties and agreements, enabling their precise implementation in the digital environment.