Often, nascent information needs to be kept secure as a trade secret until it becomes the subject of a patent application or in case it is never patented. This is where Etched® comes in.
Furthermore, as long as it is not already in the public domain, confidential information may be kept secret by only disclosing it to those who have signed a Non-Disclosure Agreement (or NDA). The key to protecting and controlling such information is to be clear what specific confidential information is being disclosed. That way, during a later dispute, the recipient cannot claim that the information in question was not part of the disclosure covered by the NDA. Again, this is where Etched® can help.
At the Victor, we use Etched® intellectual asset management tool to imprint and date stamp confidential information on the blockchain. Etched® provides that the information can be kept encrypted and hence secret. The token or tokens containing the confidential information to be disclosed can then referred to specifically in an NDA, so that there can never be any dispute about whether or not it was disclosed.
