Po.et

POE
-5.01 % (24hr)

$ 0.0046280266

❝ Po.et is a shared, open, universal ledger designed to record metadata and ownership information for digital creative assets. ❞
Market Cap

$ 11.19M

Current Supply

$ 3.142B

Max Supply

$ NA

24hr Volume

404.3K

Proof

-

website

Visit

Overview

Po.et is a shared, open, universal ledger designed to record metadata and ownership information for digital creative assets. It seeks to address the important issues about digital assets like ownership, usage rights and origin. Po.et is a continuation of Proof of Existence that aims to create the most institutional, globally-verifiable record of digital media assets. The record will act as a framework for building smart, interoperable media applications using a shared, standard and extensible metadata format.

How it Works

The standardized metadata schema for creative works is a feature in Po.et that helps in internal discoverability of assets by creating a digital asset catalogue and facilitating the search for a publisher’s timestamped assets. At this stage, Po.et provides an Identity Management System to keep an accurate record of the edits and who edited the assets. A po.et profile can be created that is secured cryptographically by private keys stored in the Po.et Authenticator mobile app. A multi-signature permission will be available to ensure only members with the proper authority are allowed to view or amend any given asset. Po.et provides an authentication badge for every registered digital asset to solve the issue of usage criteria of digital creative work.

Po.et facilitates the secure distribution of assets by allowing publishers to define contracts and individual terms of use. It uses cryptography to automate a licensing system that minimizes the roles of third parties. Payment channels facilitate payment cycles with custom timing, parameters and terms defined in the licensing agreement. All content creators can create immutable portfolios highlighting their creative and digital assets across different publications, with well-defined terms for licensing.

The Po.et token will leverage the network effects of Po.et by creating a community of engaged, invested stakeholders and publishers and raise funds for the platform’s long-term development.

Key Features

  • It is built on the bitcoin blockchain platform
  • Po.et acts a bridge between content creators and publishers. This platform can be used to find new content or verify the authenticity of a content that is authorized through a transparent system of attribution 
  • Po.et uses cryptography to give the tools to automate the licensing process without relying on third parties. Both the content creators and publishers can choose from a pre-existing license or create their own terms and automate the payments, transfers and issuance of licenses
  • Po.et’s data is secured by the Bitcoin mining network. The integrity of data and identity of interacting parties on the Po.et network is secured by cryptographic signatures.

Conclusion

Po.et can operate as an  open, public network and asset database that will grow into a user-friendly and developer-friendly platform. This platform will connect content creators, publishers and editors to streamline the process for contracting, creating and licensing creative works.

Key Links

Website: https://www.po.et/

Whitepaper: https://uploads-ssl.webflow.com/5a0c978e0d22aa0001464356/5a7796662b07370001ace7a1_whitepaper.pdf