We see the great potential of the blockchain to create an immutable audit trail, enabling software licenses to function as digital assets that can be traced by all vested parties.
We offer a fully decentralised approach to license any digital asset and are interested in exploring new business opportunities with domain experts.
Why we blockchainify software license management.
We believe in a more decentralised way of software creation, distribution and usage. In the future, licensing needs to support a trend of decentralisation without adding more complexity while being more user-friendly for creators and consumers alike.
Ensuring software licenses are fully compliant is not easy and can require large investment in expensive projects and processes. Some enterprises are not even certain if the licenses held are fully complaint.
On the supply side, revenue is lost as a result of intentional and non-intentional contraventions of licensing conditions. Approximately 39 percent of all the software held by an enterprise is not adequately licensed. Digitising licenses with clear ownership and metrics is a great leap towards remedying this problem.
We foresee the service driven software asset management market disappearing. Much needed license standards will emerge along with license models that support users' needs, facilitating micro payments for on-demand software usage.
Our easy-to-use license framework will add value and be accessible to everyone. Developers and stakeholders will be able to obtain a fair share of license revenue on the basis of their contribution. All stakeholders in the transaction chain – including license publishers, resellers and license approvers – will be incentivised by a transparent token economy, promoting collaborative work between trusted parties.