We continue the theme of the use of blockchain (or distributed ledger) and rights management broadly construed. Assigned to Ascribe GMBH (DE), the first of today's Spotlight Applications concerns techniques to securely establish, affirm, and transfer ownership of artworks. Assigned to Bitmark (TW), the second application concerns techniques for decentralized title recordation and authentication.
20160203572, "Method to securely establish, affirm, and transfer ownership of artworks," assigned to Ascribe GMBH (DE)
A method for establishing, confirming, and transferring ownership of digital artworks. The method associates a given artwork to a unique public ID and to an online service. The owner of the artwork is the person who has full access to the online service at the public ID. Confirming ownership of the artwork includes the owner performing an action that demonstrates the owner has full access to the online service at the public ID. Transferring ownership of the artwork includes (1) transferring access to the account itself, or (2) using the online service's transfer protocol, which may also update the public ID associated with the owner of the artwork.
20160300234, "System and method for decentralized title recordation and authentication," assigned to Bitmark, Inc. (TW).
A decentralized property system and method allow ownership rights to be transferred directly from one party to another without requiring a central authority to operate or secure the system. Digital signatures provide a method to issue and transfer titles ("bitmarks") within the system. Using a blockchain algorithm, distributed consensus on asset ownership can be achieved.