Vobile, a company specializing in digital content protection and transaction services, has announced the launch of a new real-world asset program focused on creative intellectual property rights. The initiative brings blockchain infrastructure to film, video, music, and other digital media assets.
The project was developed in partnership with Finloop Financial Technology Holdings, a financial technology company focused on digital asset solutions. The first stage of the program is expected to scale to as much as $100 million in tokenized creative IP rights. To support the initiative, tokenized assets will be issued on the Ethereum and Stellar blockchains.
The launch follows a strategic cooperation agreement between Vobile and Finloop announced earlier this year. With the new program, both companies aim to create clearer systems for tracking ownership, usage rights, and the value of creative works. They also plan to develop compliant frameworks that allow intellectual property rights to be represented as digital assets on blockchain networks.
Image: Magnific
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