Blockchain based IP Management System solution to Looming patent war

Every innovator or creator knows that any invention which falls under the protection of Intellectual property law could easily be stolen online. The protection and patenting of your creation/invention is very crucial to have legal rights of ownership. In the age of blockchain, the process of protecting and registering patents is becoming far simpler.

The potential to use blockchain technology for the management of IP rights is vast. Recording IP rights in a distributed ledger rather than a traditional database could effectively turn them into “smart IP rights”. Distributed ledger technology makes a safe, time-stamped and permanent chain of data it already has / its applications in many sectors.

Using blockchain as an IP registry may help give clarity to copyright authors, owners and users. By registering their works to a blockchain, authors could end up with tamper-proof evidence of ownership. This is because a blockchain transaction is immutable, so once a work has been registered to a blockchain, that information cannot ever be lost or changed. In theory, third parties could use the blockchain to see the complete chain of ownership of a work.

Currently, there are very few blockchain projects that are working to create IP registration management system. However, upcoming projects like Kakushin Ecosystem are looking to change this. While this project can certainly be beneficial for innovators and creators wanting a better way to search IP information, Kakushin wants to go a step further. Ultimately, this project aims to create a decentralized ecosystem for innovators to search/sort/register their patents, get funding for R&D of their innovation, and to buy/sell or lease the patent on Kakushin marketplace. The idea is that Kakushin was a solution for improving the current centralized IP registration systems. The project adheres to World Intellectual Property Organization standards, which could help increase its adoption.

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IP focused blockchain solution

How long does it take to file a patent? It is one of the most daunting questions every patent applicant has. Irrespective of how simple the question appears to be, the answer to this is anything but straightforward.

It depends on country in which the patent application has been filed, field of technology to which the patent application relates and what Steps taken to expedite the patenting process.

Let’s look at the US as an example. According to the United States Patent and Trademark Office (USPTO), it takes about 22 months to get patent approval after going through the steps to file a patent. Also, application for a patent in a high-traffic field such as computer software can take twice as long.

The issue is that several IP filings must encounter manual audit. In the fast moving industries it is crucial to register your patent before anyone else would, which can be difficult to get your patent approved by these centralised patent agencies and other regulatory authorities. By replacing centralized registration systems with decentralized ones, it will be easier to not only register new IP but also update filings and transfer ownership at any time. The blockchaining of Intellectual property will provide an ease of registering or searching a patent, and provide users with complete transparency. This will quicken the patenting process so that the innovators can move forward with their innovations that are protected by IP law.

Kakushin’s IP MANAGEMENT PLATFORM :

An open source distributed ledger framework for intellectual property rights management, upon which users can search, register and sort specific patent applications and inventions. Using hyperledger as an IP registry may give clarity to copyright innovators and users. The kakushin’s Hyperledger based IP management will verify the uniqueness of idea/concept with tamper-proof evidence of ownership.

Visit at -: www.kakushin.tech

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Kakushin ICO Prediction

Kakushin gets an outstanding review from coin predictor. The analysis of our project indicates great results and we are happy to share it with our prospective investors. According to a website coinpredictor.io “value of 1 KKN could move up +200.37% once Coin is listed on exchanges” Probably one of the highest price prediction on any coin.

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Visit our website:
http://kakushin.tech/

To see prediction please follow the link: https://coinpredictor.io/icos/kakushin

Kakushin ICO Prediction

The startup has started its main sale. The start date of the campaign was 01 June 2018 and the scheduled end date is 15 August 2018 with total amount of 1200000000 tokens planned to be sold.

During the crowdfunding the price for 1 token is 1 KKN = 0.06 USD. Kakushin ICO prediction algorithm is showing that the value of 1 KKN couldmove up +200.37% once Kakushin is listed on exchanges when compared to the issue value during the token sale. This forecast is based on the same analysis obtained from “Investment” category and located in Australia concluded campaigns.

KKN is a ERC20 standard token, which is built on the Ethereum platform. If you are interested in participating in this campaign, then ETH, BTC, BCH, LTC, DASH can be accepted to buy KKN tokens.

Source: https://coinpredictor.io/icos/kakushin

Website: https://www.kakushin.tech/

Telegram: https://t.me/Kakushin

Kakushin, a blockchain driven solution for Intellectual Property management

Touted as the most advanced technology of the following decade, 
blockchain is rapidly moving past cryptocurrencies into some real-world applications that have an enormous incentive for the Fintech world. As we’ve seen, blockchain is being expanding its capabilities as a secure, anonymous, and decentralized technology into several industries.

Fintech industry is disrupting numerous markets. Yet, blockchain remains one of the most buzzed terms for the industry. There have been many early applications of blockchain technology in fintech, but how can blockchain improve the protection of intellectual property (IP)?

Blockchain Based IP Protection

One of the most obvious applications of blockchain technology is as a registry of IP rights, to catalogue and register unique innovations/ideas/patents.

Registered patents which can be recorded and seen on different registries around the globe, there is frequently no sufficient means for innovators to index their works.

Thusly, ownership can be difficult to demonstrate. It can likewise be troublesome for a innovator to discover the already enrolled patents and shield his invention from being stolen and similarly troublesome for third parties using a work to know who to seek a licence from. The consequence of this is Innovators are frequently unable to stop encroachments or to make the most on monetising their works.

Utilizing blockchain as an IP registry may help offer clearity to copyright innovators, proprietors and clients. By enrolling their Ideas to a blockchain, creators could

wind up with tamper-proof evidence of ownership. This is because a blockchain transaction is permanent, so once a work has been enlisted to a blockchain, that data can’t ever be lost or changed. In principle, outsiders could utilize the blockchain to see the entire chain of ownership, including any patents, sub-licenses and assignments.

Blockchain and IP protection platform

Kakushin Ecosystem, is a Australian based company offering blockchain based solutions for intellectual property management. Kakushin allows innovators to search and register for any patent on Kakushin’s IPR, Kakushin has greatly reduced the difficulty that innovators face in establishing basic copyright protection for their innovations and for reducing the ill-effects of copyright violations.

Kakushin’s blockchain based incubator is powered by a community driven blockchain approach. The all encompassing ecosystem touches all the participants in the entire innovation lifecycle. Kakushin Incubation and Nursing Centre takes a 360º approach to ICOs, from disseminating knowledge, facilitating investments, launching ICOs to providing the ability to track existing ICOs in innovative and eco friendly ideas and products. Kakushin’s approach is essentially centered around efficient market validation and risk mitigation. The integrated exchange, which accepts the Kakushin Token (KKN) allows investors, buyers and inventors to access the entire innovation ecosystem.

Visit us —

 www.kakushin.tech

https://t.me/kakushin

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Steemit : https://steemit.com/@kakushin

Medium : https://medium.com/@kakushinecosysytem

Linkedin : https://www.linkedin.com/company/kakushinecosystem

Important announcement — Kakushin ICO to be extended by 45 days

Dear Kakushin community,

As the market was in a bearish trend during our entire crowdsale period, we have made a difficult but necessary decision to extend our ICO. After many suggestions from token holders and consultations with project advisors we have decided that it is in the best interest of the project to extend the ICO by further 45 days commencing after initial end date on 30th of june 2018.

The recent fluxes in the crypto market took a toll on the value of Bitcoin, Ethereum and many other cryptocurrencies and the celebratory phase came to a major halt. This, following a series of other such unfortunate events, held the interested stakeholders from investing in Kakushin ICO, which is denominated in fiat exchanges instead of cryptocurrencies. For example, 1 ETH is equal to 1000 tokens, but if ETH drops by 50%, you get only 50% of the estimated tokens.

The community and supporters of the Kakushin have brought this matter to light and Kakushin has taken note of the same. Given the current volatility in the markets and the increasing demand for KKN tokens, the Kakushin’s management team has henceforth decided to extend the sale period.

The ICO will be extended by 45 days after initial end date to have time to continue marketing & pursuing investments/partnerships.

As the market is gradually recovering from massive price declines that were experienced in Q1 2018 and investor confidence is slowly creeping in. We believe this extension in the current market uptrend will help us achieve the aim of the ICO.

New ICO end date = 15th August, 2018.12 Noon UTC.

We say a big thank you for your understanding and support up until this point and beyond.

Website: www.kakushin.tech

Facebook: https://www.facebook.com/KakushinEcosystem

Twitter: @kakushineco

Telegram: https://t.me/kakushin

Last 1 Days Left! Hurry up Join Kakushin Tokensale Now!

👉 This is your last chance to participate as only 1 days remain until the end of our ICO! 👈

👉Go to https://www.kakushin.tech & get your tokens before the time is up!👈

Connect With Us:

Bitcointalk: https://bitcointalk.org/index.php?topic=2620476

Medium: https://medium.com/@kakushinecosysytem

Steemit: https://steemit.com/@kakushin

Facebook: https://www.facebook.com/KakushinEcosystem/

Twitter: https://twitter.com/kakushinEco

Telegram: https://t.me/Kakushin

Last 4 Days Left! Hurry up Join Kakushin Tokensale Now!

👉 This is your last chance to participate as only 4 days remain until the end of our ICO! 👈

👉Go to https://www.kakushin.tech & get your tokens before the time is up!👈

Connect With Us:

Bitcointalk: https://bitcointalk.org/index.php?topic=2620476

Medium: https://medium.com/@kakushinecosysytem

Steemit: https://steemit.com/@kakushin

Facebook: https://www.facebook.com/KakushinEcosystem/

Twitter: https://twitter.com/kakushinEco

Telegram: https://t.me/Kakushin

How To Add a Custom Token to MyEtherWallet

Steps to Add Kakushin (KKN) token to MyEtherWallet(MEW):

1.Go to https://www.myetherwallet.com/

2. Login using your ledger/private key/Keystore/Metamask/Mist

3. Scroll down to the tokens section on the right hand side as shown on the picture below:

4. Click the option to “add custom token” and enter the follow parameters:

● Smart contract address: 0xb4652321d9b04ae8a889431755e5507a4947bd0d

● Symbol: KKN

● Decimals: 18

4. Then click on “Show Only Balances”

5. You are all set. Your KKN balance should be showing.

We recommend using the tool https://ethplorer.io/ to view all ERC20 and Ethereum network tokens as well. Simply paste in your wallet address to view all of your ERC20s.

Thanks for participating in Kakushin ICO Tokensale !

Keep Supporting!

Connect With Us:

Bitcointalk: https://bitcointalk.org/index.php?topic=2620476

Medium: https://medium.com/@kakushinecosysytem

Steemit: https://steemit.com/@kakushin

Facebook: https://www.facebook.com/KakushinEcosystem/

Twitter: https://twitter.com/kakushinEco

Telegram: https://t.me/Kakushin

Kakushin — The Future of Multi-Billion Dollar global Intellectual Property Market

What is happening is not a surprise, the statics from WIPO shows that the global Intellectual property markets are generating approximately $180 Billion USD in licensing each year. Intellectual property has turned out to be the most critical assets in the 21st century. What used to be a tranquil corner of the tech business is turning into a hot zone in the legal and business worlds. Would you be able to think about a world where I.P is protected with one open blockchain administering millions of dollars in protected rights?

Kakushin, a decentralised innovation and intellectual property-driven ecosystem has opened the gateway for innovators to list their patents and intellectual property (IP) on the World Intellectual Property Organisation (WIPO), which is a self-funding agency of the United Nations with 191 member states. We know from WIPO data that global IP filing activity has been on the rise. Data indicates that number of patents filed between 2015 and 16, alone saw a 8.3 percent growth.

Intellectual Property on the Blockchain

Intellectual Property filings have been increasing for seven years running. It is amongst this backdrop that Kakushin has greatly reduced the difficulty that innovators face in establishing basic copyright protection for their innovations and for reducing the ill-effects of copyright violations.

Patents are more than just IP protection, they are also valuable assets for the innovators. Kakushin is making it easier for innovators to work together on IP. The project creates an environment where innovators can pitch their ideas and increase their acceptance among investors. This reduces issues related with neophobia. Kakushin eliminates the uncertainty associated with crowdfunding and ushers in an era of transparency. The innovation ecosystem Kakushin is pushing is a blockchain based solution that ensures that investors get a stake in the project that have chosen to support. Innovators are freed from geographic constraints as the ecosystem transcends borders and is a truly global solution.

Kakushin Blockchaining IP with WIPO

The patent process itself is also mired with difficulty and navigating this minefield can be challenging for new entrants; make a mistake in the patenting stage and all the hard work of an inventor is squandered. To that end, Kakushin’s partnership with WIPO is vital. WIPO works in creating an effective and balanced international IP system. Member states of WIPO create the bedrock on which the world’s IP system is built,supported by treaties and conventions that are facilitated at this international organisation. While WIPO itself does not grant the patents, which is the responsibility of national or regional patent offices, it does facilitate international patent protection under the PCT system.

Kakushin is the first of its kind all-in-one solution for the innovation and IP industry that will offer an innovative blockchain based environment working with WIPO framework, Kakushin Ecosystem is a Hyperledger based platform that is driven by smart contracts and manual verification of all documents and audit of smart contracts between all involved stakeholders of an IP to safeguard the interest of stakeholders and make IP easily available to be shared with others (may or may not be for monetary benefits) in virtual world. While Kakushin Ecosystem is brand of Prius Labs Pty Ltd, Australia, it follows all the steps and guidelines prescribed by WIPO to be followed in real world.So, Kakushin Ecosystem works as a facilitation service provider to its clients and provides them the services offered by WIPO in real world plus what WIPO and other patent offices are missing a virtual/digital record and smart contract based mechanism, for protection, management and monetization of IPR.

Sachin Bhargava, Co-founder & chief technical officer of Kakushin Ecosystem, said that:

“We want to create a world where an inventive and unique idea will get resources which can bolster the most astonishing innovation fiscally, so that Innovators don’t have to search for anything, Kakushin is a completely integrated platform to turn their idea into viable product.”

A Decentralised Incubation and IP Protection Platform

Kakushin’s blockchain based incubator is powered by a community driven blockchain approach. The all encompassing ecosystem touches all the participants in the entire innovation lifecycle. Kakushin Incubation and Nursing Centre takes a 360º approach to ICOs, from disseminating knowledge, facilitating investments, launching ICOs to providing the ability to track existing ICOs in innovative and eco friendly ideas and products. Kakushin’s approach is essentially centered around efficient market validation and risk mitigation. The integrated exchange, which accepts the Kakushin Token (KKN) allows investors, buyers and inventors to access the entire innovation ecosystem.

As Kakushin is focussed on building a community that supports and fuels innovation, they are taking the crowdfunding approach to support the project. Kakushin’s presale is in progress and is due to end on May 31, 2018. Kakushin has over +18K members in the official Telegram community. The main token sale will start on June 1, 2018 till June 30, 2018. During the token sale 2.4 billion KKN will be sold, which is ERC20 compliant and based on the Ethereum blockchain. There is a soft cap of US$ 4 mln and a hard cap of US$ 30 mln on the sale. A Whitepaper has been released by Kakushin detailing the technical and other aspects of the project.

Check out our Website — www.kakushin.tech

Read More about Kakushin — https://www.kakushin.tech/V_1_7_Kakushin_Ecosystem_Whitepaper.pdf

Connect With Us:

Bitcointalk: https://bitcointalk.org/index.php?topic=2620476

Medium: https://medium.com/@kakushinecosysytem

Steemit: https://steemit.com/@kakushin

Facebook: https://www.facebook.com/KakushinEcosystem/

Twitter: https://twitter.com/kakushinEco

Telegram: https://t.me/Kakushin

Meet the Team: https://www.linkedin.com/company/kakushinecosystem/

Watch on YouTube: https://www.youtube.com/watch?v=fAj3_eZW4UA&feature=youtu.be

Media Contact
Name: Sachin
Email: info@kakushin.tech

Originally published at https://coinidol.com/kakushin-future-of-intellectual-property-market/