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Topic: Veritas: Intellectual Capital Abstracted Into a Blockchain Tradeable Asset (Read 1125 times)

sr. member
Activity: 434
Merit: 250
Loose lips sink sigs!
Why would we want to package intellectual capital into a blockchain type transaction? I guess it could reduce instances of hacking a transaction of IP, however once someone has it they're still able to copy it and sell or manipulate it after the transaction is complete. You should share more detail with us on why this would be beneficial, what problem does it solve?

Love the name!
The best way to backup something and store it forever and guarantee it doesn't get modified is by putting it into the blockchain. This is a fact until Maidsafe is operative, then Maidsafe will be the best way (or a good alternative).

The blockchain is better than existing file storage or the cloud? If we lose electricity the blockchain disappears, no?

Educate me!
legendary
Activity: 868
Merit: 1006
Why would we want to package intellectual capital into a blockchain type transaction? I guess it could reduce instances of hacking a transaction of IP, however once someone has it they're still able to copy it and sell or manipulate it after the transaction is complete. You should share more detail with us on why this would be beneficial, what problem does it solve?

Love the name!
The best way to backup something and store it forever and guarantee it doesn't get modified is by putting it into the blockchain. This is a fact until Maidsafe is operative, then Maidsafe will be the best way (or a good alternative).
sr. member
Activity: 434
Merit: 250
Loose lips sink sigs!
Why would we want to package intellectual capital into a blockchain type transaction? I guess it could reduce instances of hacking a transaction of IP, however once someone has it they're still able to copy it and sell or manipulate it after the transaction is complete. You should share more detail with us on why this would be beneficial, what problem does it solve?

Love the name!
full member
Activity: 136
Merit: 100
UltraCoin "Smart" Derivatives: The Future of Money
Intellectual capital backed, tradeable bitcoin blockchain asset with true intrinsic value, created by the team behind Veritaseum (the rebranded value trading system called http://ultra-coin.com). This, like the Veritaseum Value Trading Wallet it supports, is 100% bitcoin and not an altcoin or token. Please review the presentation for the asset http://veritaseum.com/index.php/2014-07-09-07-53-37 and the Bitcoin wallet cum trading system http://veritaseum.com/
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