Secure 3D Printing and IP with Tokenization Platform
Iagon and Würth Group partner for blockchain-based secure distribution of IP for 3D printing applications.
November 21, 2024
Iagon and Würth Group, in conjunction with Würth Canada, Würth IT India and WAG (Würth Additive Group) have announced a security solution for 3D printing that will help safeguard intellectual property (IP) using the Cardano Blockchain tokenization-based solution. According to the companies, the solution will address teh growing need for secure and decentralized IP management.
The platform will integrate into Würth's established inventory management platform, ORSY Connect, to enable Würth’s customers seamless access to purchase 3D printing supplies, printers, and printing IP recipes, all managed within a secure, decentralized blockchain-based system.
According to the companies, by leveraging the Cardano Blockchain, this platform will serve to tokenize 3D printing IP as digital assets. These secure digital assets, in combination with smart contracts, enable creators to set parameters for the use of their IP. This includes, controlling access to the 3D files, automated royalty payouts and managing the assets use and distribution, enabling them to retain full control over their IP. Further, by using Cardano’s secure blockchain ensures that every transaction is recorded transparently, providing trust and accessibility for users.
Iagon is a decentralized cloud services network that allows users to share, encrypt, and distribute data to a global network of storage providers.
Sources: Press materials received from the company and additional information gleaned from the company’s website.