One of the best in study and progress of blockchain technologies around the globe is nChain, proclaimed that it has acknowledged an additional three patents by the European Patent Office. This nChain declares that the patents will strengthen the digital rights management.
These 3 patents, subjected on July 11, 2018, are all techniques to implement digital privileges through the usage of blockchain technology. These newest patent grants pursue nChain’s prior EPO grants on April 11, 2018, and June 20, 2018. As Bitcoin Cash (BCH) blockchain provides the skill to level the profitable scenery through the exclusion of redundant mediators within a transaction, digital privileges administration is one such area where prospects subsist to unite content producers unswervingly to consumers while ensuring that they are pleased for their ingenuity.
nChain’s three newly-given patents comprise discoveries that can ease this occasion through the usage of blockchain technology. The Three nChain Patents are as follows: the first being European Patent number EP3295349 is entitled a technique and scheme for recognizing the veracity of a digital asset using a dispersed hash table and a peer-to-peer distributed ledger. Second, to adjoin another set of cryptographic process that allows the current rights of the digital asset to be validated. Third, allows the computer software to make sure the rights of the user to perform such software previous to launch that software.
According to nChain Group CEO, Jimmy Nguyen, these third, fourth and fifth patent rights by the European Patent Office show the worth in nChain’s program for blockchain modernization reported Bitcoin News.
The Future
nChain will carry on working to make blockchain technology more functional with main enterprises around the world. As before announced, nChain will also work together with more enterprise associates to incorporate blockchain solutions, and at present increasing its side to bear such projects.
The post nChain Blockchain Researchers Awarded 3 Digital Rights Patents appeared first on OWLT Market.
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