NKOR’s groundbreaking technology for processing data, using a multi-layer index hashing algorithm, will be implemented on blockchain for the first time, revolutionizing the existing system of digital data distribution. In other words- we develop a decentralized platform that utilizes the blockchain technology to create an autonomous, next generation marketplace for intellectual property (IP) and copyright distribution, enabling content creators to manage their creative work as a secure digital asset
NKOR provides a platform for creators to cement their creation (data and content) on blockchain. Building a decentralized peer-to-peer ecosystem, which puts at its center the copyrights of content creators and enables them to distribute their digital work directly between community members, is part of the next evolutionary step in how data will be consumed and distributed in a more accessible, cheaper, and transparent way.
NKOR’s novel technology authenticates digital data, which is then linked to a transaction on a blockchain via smart contracts, timestamps it to provide an immutable and publicly readable record of authenticity, tracks the uploading and sharing of the same content by non licensed entities, verifies the IP and copyright of content creators, and allows them to monetize from its distribution. The process of data authentication, its timestamping and cementing into a blockchain via smart contracts is called Anchoring, hence — the NKOR ecosystem.