Every artwork is registered in a digital decentralized ledger which securely holds available license options, verify and confirm licensing transactions and royalties
Only copyright holder using their crypto key could define rules and prices how content could be licensed and has access to his creative portfolio
Unique technology (our know-how) created by IPStock to sell exclusive and non-exclusive licenses via multiple channels around the globe and track its usage
Direct sales or distribution via various marketplaces on the rules setup by copyright holder
Exclusive and semi-exclusive licenses configurable by region, industry and duration
Guaranteed royalties level and transparent licensing history regardless sales channel
Developed in 2018 by Intellectual Property Depository and Management S.A., Switzerland in implementing the IPStock project – ecosystem for visual media assets on blockchain.
Smartlicense is meant to be used by all market players for commercial licensing of visual digital content: individual authors, professional content providers, distribution agencies and end users. Technology is uniquely positioned among ways of licensing widespread in the market, such as royalty-free and rights managed.
Licensing conditions are registered in IPStock’s blockchain by smartlicense and checked out automatically when every further licensing occurs, automatically blocking misuse and guarantee getting set target of royalty.
Smartlicense technology is open – any market player can start using it, installing open-source software and integrating it to their application or website.
Technology also allows to realize almost any nonstandard conditions of licensing if necessary.
Intellectual Property Depository and Management (IPDM, brand "IPStock") founded in 2015 is an innovative Swiss-based company that has developed a unique blockchain ecosystem for visual digital content management, licensing and trading through smart-contracts.
We are supported by Geneva innovation accelerator fund Fongit, being one of our shareholders.
Over the last five years our team has been working together and has built deep business, product and technological expertise on the visual digital content market.
In 2013 we created the world’s leading vector illustration provider Macrovector which is recognized for the unique application of advanced technologies like Big Data research to traditional production processes. In 2015 we created the world’s leading cloud service IPStock.com for the creative artists and content providers which helps manage visual digital content portfolios of photos, vectors and illustrations on multiple agencies. In 2017 we launched a marketplace for premium images Vectorplace.com which offers handpicked and meticulously curated high-quality vector illustrations offered under royalty-free license.