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.
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.
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.
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.