Glossary

Acquirer
A person who buys rights to works of other authors.

Alienation
Voluntary transfer of property or ownership from one person to another.

Author
A person who created or gave existence to any kind of work.

Blockchain
A system used to make a digital record, consisting of blocks. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. Once the data is recorded in a block it cannot be altered without having to change every block that came after it. It creates an unquestionable storage of information, one that cannot be disputed or declared to be untrue.

Copyright
Refers to the legal right of the owner of intellectual property. Copyright is intended to protect the original expression of an idea in the form of creative, intellectual or artistic work. Only a person, who owns the whole complex of copyrights, can use and replicate the work.

To deposit
To entrust document for safekeeping, typically in electronic form on the global information network, with free access to it.

Ethereum
An open source, public, blockchain-based distributed computing platform and operating system featuring smart contract functionality. The system went live on 30 July 2015.

Hash
A function that converts one value to another. It is used in cryptography, checksum generation and data indexing. A good cryptographic hash function is non-invertible, meaning it cannot be reverse engineered.

Intellectual activity
A meaningful functioning of mind. The results of intellectual activity are the product that has no material shell.

Intellectual property (IP)
Is a category of property that includes intangible creations of the human intellect. It is officially owned by someone and can be protected from being copied by others. 

IP market
A platform where people can sell or buy protected intellectual property results containing new knowledge.

License
An official permission to make, produce, or use something that you have created or that belongs to you.

Marketplace
An e-commerce website where many third parties provide information on goods and services, whereas transactions are processed by the marketplace operator.

Monetization
Is the process of deriving revenue from the value you offer to others.

Rightholder
An individual or corporate person who holds a copyright.

Self-service platform
A platform that helps users resolve service needs and find related information on their own, without contacting support.

Timestamp
Is an encoded information identifying when a certain event occurred, usually giving date and time of day, sometimes accurate to a small fraction of a second. It allows users to assign a precise date and time to an electronic document.