Licensing Module

Customizable Licensing for IP Assets

The Licensing Module within IP Protocol provides a versatile and programmable approach to intellectual property (IP) management. It allows IP owners to set detailed usage terms and licensing conditions for their digital assets. Whether for personal use, commercial application, or derivative works, creators can define specific conditions on how their assets are accessed and used.

Key Function of the Licensing Module include:

• Customizable License Types: IP owners can establish different license categories such as exclusive, non-exclusive, or time-limited licenses based on their needs and business strategies.

• Controlled Access: By programming access terms into the blockchain, IP owners maintain full control over how their intellectual property is used and by whom.

• Automated Compliance: The smart contract technology embedded in this module ensures that all license agreements are automatically enforced, reducing the risk of unauthorized usage or misuse of IP assets.

This module significantly enhances collaboration by allowing creators to offer their IP for secondary creation under transparent and verifiable terms, opening doors for new business models such as licensing chains and third-party development.