Reminder: Crypto’s Impact on Intellectual Property — Conference Call on June 26, 2–3pm ET
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Economic values continue to shift to the intangible. According to Fundstrat, intangible assets account for over 90% of the market value of the FANG stocks. Intellectual property is one of the most significant forms of intangible value, and yet much intellectual property is not even captured by conventional financial ledgers.
There has been substantial disruption already in the creation and monetization of intellectual property in the media and entertainment industries. One of the earliest signs of friction in media’s move to the Web was the concern that traditional advertising dollars were being replaced by digital advertising pennies. One result was increasing pressure on media companies to find new ways of creating, developing and monetizing their intellectual property.
More broadly, digital assets pose particular challenges in registration of ownership, determination of usage, and history of creation and development. Owners of copyrights often struggle to account for the use of their property and to obtain prompt compensation for that use under their existing licensing agreements. The increasing pace of innovation is a catalyst for even large organizations to improve their methods for finding and using intellectual property developed by third parties.
The registry, accounting and valuation of intellectual property are likely to be among the foundational applications of blockchain and cryptocurrency technology. Moreover, as crypto develops, it is likely to enable new ways of creating and using intellectual property, as well as new markets for monetizing that use. With this backdrop, we’ve put together three key executives of groundbreaking projects addressing applications of blockchain and cryptocurrency technology to the creation, discovery, and monetization of intellectual property. The hour-long call will leave at least 15 minutes at the end for questions. Please see the speaker bios below.
Speaker Bios:
Jarrod Dicker — CEO, Po.et. Po.et is a shared, open, universal ledger designed to record metadata and ownership information for digital creative assets. Prior to joining Po.et, Jarrod was vice president of innovation and commercial strategy at The Washington Post, where he oversaw the company’s technology, product, operations and strategy across all business platforms. Prior to that, Jarrod led product and technology teams at RebelMouse, Time Inc. and Huffington Post.
Matthew Iles — Co-Founder and CEO, Civil. Civil is building a newsroom platform using blockchain technology and cryptoeconomics to create an open marketplace for journalists and citizens. In Civil’s self-governing marketplace, readers may directly sponsor journalists, and journalists collaboratively run their own publications, called Newsrooms. Citizens may sponsor Newsrooms using Civil’s cryptocurrency, thus kickstarting a new collaborative model for the production and distribution of news.
Raj Malhotra — CEO, RiteCoin & InvenTrust. The mission of RiteCoin and InvenTrust is to use blockchain and cryptocurrency technology to enable anyone with specialized know-how anywhere in the world to be discovered and rewarded, quickly, fairly, and transparently. Prior to his current role, Raj founded a leading patent advisory company and a medical documents business that was backed by the World Bank group and grew to a top-5 industry player through a distributed, global workforce.
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