INVARCH TERMINOLOGIES ( WHAT INVARCH ENTAILS)
InvArch is an IP management protocol designed for the Polkadot ecosystem. InvArch will be seeking a slot on the Polkadot relay as a Parachain; however, InvArch will also be introducing a cross-chain IP Pallet Module in order to expand the functionality of IP minting directly and throughout the entire Parachain Universe. In addition, has been working hard to implement a mechanism for SmartIP Contracts. To authenticate files (such as smart contracts) as tokenized IP and an IP Virtual Machine for running these smart contracts.
The InvArch network has also made significant updates to the naming conventions utilized within the InvArch protocol and its working code and do avoid any future confusion I would try to break down these changes in simple terms. These terms are Intellectual Property Files (IP Files) , Intellectual Property Sets(IP Sets), Intellectual Property Tokens (IP Tokens), InvArch Validation Standard (IVS) and Intellectual Property Modules (IPMs) and these would make up the details of this article. So let’s get started
• Intellectual Property Files ( IPFs) : These are Intellectual Property stored as non-fungible & authenticated files. These were previously referred to as IP Tokens; however, this change has been made to reflect a more fitting description of the data being minted. IP Files, as they will be known moving forward, are indexed and cross-referenced against other IPFs to ensure authenticity and/or detect plagiarism.
• Intellectual Property Sets ( IPS) : This is known or explained as a collections of Intellectual Property Files stored together in bonded sets. There is no change here, and IP Sets as they were known before stay the same. In addition to this, Fungible tokens featuring programmable utility that are pegged to an IP Set (IPS).
• Intellectual Property Tokens ( IPTs ): IP Tokens were originally referred to as the individual IP Files; however, this change has been made to reflect a more fitting description for the tokens that are pegged to an IPS. What was once known as IPOwnership tokens (IPO) is no more, and will instead be referenced as IPTs moving forward.
• Intellectual property modules ( IPMs ) : This is a series of custom & interdependent Substrate Pallets that provide IP functionality to integrated Parachains. This is a fairly new term to become familiar with. IPMs will allow other Parachains to expand to include IP functionality; but more importantly, IPFs that are minted this way will have a record of their data sent through the Polkadot relay where they will be indexed and cross-referenced for authenticity.
InvArch Validation Standard ( IVS ) : A cross-chain standard for IP tokenization, ownership, utility, and authentication. IVS can be viewed as an L0 standard for verifying & protecting the uniqueness of all digital assets throughout web 3.0. Whether they are code modules, music files, Whitepapers, or even other NFTs, they can be minted as IPFs and have their data fingerprint indexed, cross-referenced, and protected forever.
With these the entire ecosystem is made easy for Individuals to comprehend and Finally, InvArch is an intellectual property and decentralized development network for web 3.0. And at recent times, InvArch is allowing users to tokenize their ideas! What’s even more exciting is that InvArch will also provide the infrastructure so that users can bring their ideas to life as well. InvArch is a
novel blockchain that is unique from other chains and projects seen today, and it will allow individuals all over the world to do things that were never possible before! With invArch, individuals with great ideas have a chance to bring them to life, and other talented individuals from around the world will be able to use their skills to bring ideas.
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