Smart contracts (blockchains, distributed ledgers) and rights management broadly construed are the themes of today's Spotlight Applications. Assgined to QPQ, LTD (IE), the first application discloses techniques for generating and managing machine executable digital contracts. Assigned to Metadyn, the second application discloses techniques for rights-enabled tokens, such as non-fungible tokens (NFTs), which include information identifying content represented by the tokens as well as information or data that identifies the rights assigned or associated with the content represented by the tokens.
20220335553, “System and a method for generating and managing machine executable digital contracts,” assigned to QPQ Ltd. (IE)
Abstract
Systems and methods are used for generating and managing digital data files. More specifically, the system and method generate and manage digital contracts that execute the contractual terms of corresponding underlying legal contracts agreed between the parties. The system and method generate, for each digital contract, a corresponding master document data file representing the underlying physical legal contract document containing the contractual terms and conditions agreed between the parties.
20220337439, “Rights-enabled tokens for blockchain applications,” assigned to Metadyn.
Abstract
Systems and methods for managing media, such as digital content, using blockchain technology are described. For example, the systems and methods provide rights-enabled tokens, such as non-fungible tokens (NFTs), which include information identifying content represented by the tokens as well as information or data that identifies the rights assigned or associated with the content represented by the tokens.