NFT: Redefined Format of IP Assets
Curator: Aviva Lev-Ari, PhD, RN with inputs from Dr. Stephen J. Williams
Updated on 3/17/2023
As a result of the
- Collapse of @FTX on 11/2022 and
- Collapse of @SVB Silicon Valley Bank 3/10/2023
- Collapse of @SignatureBank in 3/12/2023

The following are taking place in 3/2023:
Meta Cuts 10,000 More Workers After Scrapping NFT Plans—Is the Metaverse Still On?
Facebook parent company Meta is shedding another 10,000 jobs after cutting NFT support and making noise about AI. Is another pivot coming? (Decrypt)
Instagram is Disabling Its NFT Features
Just fourth months ago, the social media giant allowed a handful of creators to sell NFTs on its platform.
3/17/2023
LPBI Group’s NFT and Blockchain plans ARE ON HOLD
Updated on 8/16/2022
College textbook maker Pearson eyes NFTs to claim a cut of second-hand sales
Apparently, a $300 required textbook isn’t enough of a grift.
NFT advocates often tout the technology’s ability to grant the creator a cut of second-hand sales as one of its major attributes. Artists can earn from one of their digital creations years after first selling it. Others are looking at NFTs to earn a buck from the secondary market too, including the publishers of college textbooks.
Pearson, which said in 2019 it would focus on digital textbook sales, wants a piece of the action. “In the analogue world, a Pearson textbook was resold up to seven times, and we would only participate in the first sale,” CEO Andy Bird told Bloomberg this week. “The move to digital helps diminish the secondary market, and technology like blockchain and NFTs allows us to participate in every sale of that particular item as it goes through its life.”
Updated on 6/6/2022
In 2021, non-fungible tokens were the biggest disruptive factor in art. NFT sales have declined by 92 percent from the market’s peak in May 2022. In May, about 17,000 IT professionals were laid off, according to the data aggregator Layoffs.fyi. The NFT is a digital certificate or data unit stored on the blockchain. NFTs are frequently used in digital art and copylefted content.
The technology might be used to verify the authenticity of documents and keep them from being tampered with or stolen. Harshavardhana Kikkeri established a metaworld in India that hosts “phygital” (physical and digital) metaverses in education, sports, robotics, and security. Sony has joined forces with Manchester City FC to create “new entertainment experiences” based on live sporting events.
Brian Shuster, creator and CEO of Canada-based Utherverse, who has more than 100 patents and pending applications for key internet technologies and the Metaverse, predicted the digital asset market catastrophe. He stated
“There are a lot of firms out there building out the Metaverse, and to be honest, most of the companies claiming to deliver properties and tokens have gravely overestimated the work at hand.” He went on:
“The digital asset market crisis is beneficial for firms that provide practical and sustainable Web3 goods and technology, like Ethereum and Avalanche, to continue operations.” “I plan to launch my Utherverse utility coin in the third quarter of 2022.”
Meanwhile, Calgary-based Accelerate Financial Technologies announced the launch of the Accelerate Non-Fungible Token (NFT) Fund, which will target high-net-worth investors ready to take a chance on Web3 financial products and blockchain-based collectibles.
Despite the fact that the floor price of some major NFT collections has dropped by more than 50% in the last month due to broad sell-offs, the digital asset market meltdown has not slowed infrastructure investment into the Metaverse in China, with NFT investment funds and funds of funds popping up on a daily basis.
“Blockchain-based Service Network (BSN) will establish the national NFT infrastructure in China,” Yifan He, CEO of Red Date (Hong Kong) Technology, a Chinese state-backed blockchain startup, told me. The NFT is a type of digital certificate or data unit that is kept on the blockchain. Due to their uniqueness and indivisibility, NFTs are commonly employed in digital art and copyrighted content. However, their potential applications extend well beyond what we see now in the art world.
Moreover, theoretically, an NFT may be used in any situation where proof of interest is necessary, such as collecting ownership and intellectual property (IP) of creative works, as well as paperwork such as ID cards, academic diplomas, and real estate licenses, and so on. The technology may be used to validate the legitimacy of documents, prevent them from being tampered with or stolen, and facilitate assessment, validation, and surveillance.
Yet, most NFTs nowadays are minted on public chain technology, which is not permitted in the Chinese market, he noted. The BSN has adapted public chain technologies to ‘open permissioned blockchains’ (OPBs) to overcome legislative constraints in China by substituting bitcoin with fiat money to pay gas costs and needing permission for node deployment to facilitate NFT technology development in China. “NFT is renamed to Decentralized Digital Certificate, or DDC for short, to disassociate its natural link with public chains and Bitcoin.”
“BSN-DDC is a digital certificate infrastructure network on BSN China that contains 10 OPBs,” he says. BSN-DDC provides network access, core APIs, and SDKs, providing organizations with a one-stop-shop for developing user portals or apps for all sorts of NFT applications. All payments and transaction fees are made in fiat currency through the BSN-DDC portals. With support for all forms of digital certificates, papers, tickets, identity, intellectual property, and more, BSN-DDC supports digital certificate usage outside the sphere of art and entertainment treasures.
“At the moment, the BSN-DDC network is the most varied, transparent, inexpensive, and user-friendly blockchain infrastructure supporting the legal implementation of NFTs in China.” It will be formally launched by the end of January 2022 to facilitate China’s broad adoption of NFTs,” he concluded.
SOURCE
https://decryptor0.substack.com/p/in-the-face-of-a-market-catastrophe?s=r
Updated on 5/7/2022
In response to
What Is Happening to the People Falling for Crypto and NFTsAviva wrote:Blockchain will prevail. Our IP assets will benefit.
From: Aviva Lev-Ari <aviva.lev-ari@comcast.net>
Date: Saturday, May 7, 2022 at 7:37 AM
To: Alex Liu <alex@rmdslab.com>, “Prof. Marcus W Feldman” <mfeldman@stanford.edu>, “Dr. Stephen J. Williams” <sjwilliamspa@comcast.net>
Cc: Erich Greenebaum <erich@prosperci.com>, Pnina Abir-Am <pnina.abiram@gmail.com>, “Ofer Markman, PhD” <oferm2020@gmail.com>, “George N. Gamota Jr” <gngamotajr@gmail.com>, George Gamota <gngamotajr.us@verizon.net>, “Aditya Bahl (ref. Mak)” <aditya@raslss.com>, “John F. McCarthy, MD, PhD” <jfmccarthy2@gmail.com>
Subject: Re: NYTimes: What Is Happening to the People Falling for Crypto and NFTs
On May 7, 2022, at 1:26 AM, Alex Liu <alex@rmdslab.com> wrote:
Sent: Friday, May 6, 2022 7:31 AM
To: Aviva Lev-Ari <aviva.lev-ari@comcast.net>
Cc: Stephen Williams <sjwilliamspa@comcast.net>; Alex Liu <alex@rmdslab.com>
Subject: Re: NYTimes: What Is Happening to the People Falling for Crypto and NFTs
Personally, I’m not a fan of outlets like the Times assigning unqualified journalists to write these kinds of opinions. The last statement says it all, “But how many people have to lose their shirts before we realize that web3 isn’t a solution to any of our problems?” That’s really uninformed hyperbole.
From: “Dr. Stephen J. Williams” <sjwilliamspa@comcast.net>
Date: Monday, May 9, 2022 at 4:00 AM
To: Aviva Lev-Ari <aviva.lev-ari@comcast.net>, Alex Liu <alex@rmdslab.com>, “Prof. Marcus W Feldman” <mfeldman@stanford.edu>
Cc: Erich Greenebaum <erich@prosperci.com>, Pnina Abir-Am <pnina.abiram@gmail.com>, “Ofer Markman, PhD” <oferm2020@gmail.com>, “George N. Gamota Jr” <gngamotajr@gmail.com>, George Gamota <gngamotajr.us@verizon.net>, “Aditya Bahl (ref. Mak)” <aditya@raslss.com>, “John F. McCarthy, MD, PhD” <jfmccarthy2@gmail.com>
Subject: Re: NYTimes: What Is Happening to the People Falling for Crypto and NFTs
I agree with Eric on NYTimes questionable reporting. Certain cryto like bitcoin have a limitged value and has to halve on certain levels of mining. Etherium can go on for much longer. The NFT art thing is a bit odd and do not think it is really meant for the trading or holding or commoditization of something. People are realizing, as the person who bought the NFT for Jack Dorsey’s first NFT that there really is not much of a secondary market for these. However NFT and crypto have their solid use in a ledger based transaction network
Steve
Updated on 4/9/2022
by Aviva
Science NFT – RMDS Marketplace is LIVE
2:00PM EST – 2:30PM EST on 4/12/2022
- rmdsNFT.com marketplace DEMO for LPBI Group by Samantha and Vincent
3:15PM EST – 3:45 PM EST – NFT Presentation continues
- DISCUSSION on Strategy by LPBI Group related to
- rmdsNFT.com marketplace DEMO for LPBI Group by Samantha and Vincent – continues for Q&A and Proposal #1,#2,#3,#4
Q&A
- Aviva needs to understand better the algorithm that is related to these 3 factors:Buy, Bid, Sell
- the price of my NFT
- the price to MINT this NFT
- the traffic at the moment the MINTING process is complete
- Average traffic daily during 90 days of my Experiment design for 14 articles
- Bidding: Do I have to accept the bid during first 5 days
- What is my recourse – can I delist an NFT??
- Can I declare Limited Edition: Article x will sell 100 copies and Article Y 300 copies??
Aviva Presents:
Proposals #1,#2,#3,#4 – Each Proposal will have an Experimental Design Plan
- LPBI Group needs an Account and Wallet with rmdsNFT.com – deposits in the Wallet will be a LOAN from Aviva to 2.0 LPBI for covering Fees. PROPOSAL #1: NFT all images and text above and below in each of the 14 Top articles by Views in our Journal – See Part 5 in https://pharmaceuticalintelligence.com/2022/02/21/update-from-lpbi-group/
- Aviva needs an Account and Wallet with rmdsNFT.com for ALL her NFTs created Prior to 4/2012 – the Launch of PharmaceuticalIntelligence.com – deposits in the Wallet will be from Aviva’s own funds for covering Fees
- Under 2, above: PROPOSAL #2: Aviva will present on 4/12 – 3 Volumes on a Combination Drug therapy in Cardiovascular – Each chapter in each Volume is an NFT. The content of each Volume needs to be decomposed into many NFTs
- Under 2, above: PROPOSAL #3: Aviva will present on 4/12 – 3 Volumes on the 1st e-Mall for Analytics for Digital Marketplaces – this is the predecessor of the 2022 Blockchain IT architecture. The content of each needs to be decomposed into many NFTs
- To MINT NFTs for PROPOSALS #1,2,3, above, Aviva and LPBI need HELP from rmdsNFT.com
- LPBI’s Gallery of Biological IMAGES: 2012 – 2022 consists of ~7,000 items. These NFTs should be prioritized as PROPOSAL #4.
Updated on 4/9/2022
From: Dr. Alex Liu
Updated on 4/9/2022
From: Dr. Williams
Notes from the NFT Marketplace
RMDS is an NFT marketplace working on the Etherium blockchain. You must use Metamask to login and sign up. Each member must link their Etherium wallet with the RMDS NFT marketplace.
The marketplace front space is available on multiple browsers and the marketplace access is through a browser or mobile app on Chrome, IOS, or Android platform.
Metamask is the browser based wallet where one will access their NFT for depositing IP, or accessing sales.
Data IP can be entered as Projects, Data, or Source Code and MetaMask allows for multiple formats of each IP entry.
To sell an NFT you must first MINT the NFT where this process contains uploading your material and then listing on the blockchain. This minting process includes adding descriptions, pictures, and type of royalties you want (the contract)
Bidding on an NFT takes place on the Explore page.
Creators always have right to accept or reject the bid
Bids can be placed using a thousandth of a coin and multiple coins are supported.
Service fee is 2.5%.
You can bid on NFT datasets!!!
However I do not see a collection or history of your transactions for tax purposes.
Interesting there is an “Article Classifier” that can be bought as an NFT where it is an algorithm that allows you to preview what you are bidding on, like is it a full article or just an add or promotion
Updated on 2/25/2022
We equate a major portion of LPBI Group’s Portfolio of Intellectual Properties to be #SNFT aka, SCIENTIFIC NON FUNGIBLE TOKENS
We define smart contracts for dissemination of #SNFT as
the #liquidity of Scientific #knowledge
LPBI Group’s Portfolio of IP Assets as #SNFT include:
IP Asset Class I (+6K #SNFT)
- All the article curations in LPBI Group’s +6,100 scientific #articles in PharmaceuticalIntelligence.com
IP Asset Class II
- All electronic Table of Contents (eTOCs) of 18 Books in Medicine, aka BioMed e-Series
https://lnkd.in/ekWGNqA
- All eTOCs in Spanish Audio
- All eTOCs in Bi-Lingual English-Spanish Text
- All eTOCs in English Text
- All Cover Pages of 18 Books in Medicine – English Edition
IP Asset Class XII using inputs from IP Asset Class II
- All Cover Pages of 18 Books in Medicine – Spanish Translation by Series:
Series A: Cardiovascular – 6 volumes
Series B: Genomics – 2 volumes
Series C: Cancer – 2 volumes
Series D: Immunology – 4 volumes
Series E: Precision Medicine
- All Editorials of 18 Books – English Text
- All Editorials of 18 Books – English Audio
IP Asset Class V (+6K #SNFT)
- All Biological Images in Books, 18 volumes
- All Legends of images in Text format – considered for Text Analysis with Machine learning
- Gallery of Biological Images +6200
- Biological Images in Journal articles https://lnkd.in/eteNqpF not in Books
IP Asset Class XII – Part B of New Genre of Scientific Books
- Text Analysis with AI, Machine Learning – Natural Language Processing (NLP) Statistical & Deep Learning (DL) on
– Two books in Genomics
– Two books in Cancer & Oncology
- Graphic results of NLP and DL:
– Hypergraph Plots, one graph per Chapter and Expert interpretation text
– Tree Diagram Plots, one graph per Chapter and Expert interpretation text
IP Asset Class III
• 100 e-Proceedings of Biotech conferences
• 40 Tweet Collections of 40 of the 100 conferences
#oncology #biotech #medicine #ai #deeplearning #machinelearning #nlp #genomics #translation #graphic #hypergraph #cardiovascular #immunology #precisionmedicine #cancer #intellectualproperty
Updated on 2/13/2022
A Potential Business Partner
- World First NFT Marketplace for Science – Alex Liu Presentation at LPBI Group’s Zoom on 2-15-2022
https://www.chemistryworld.com/news/worlds-first-nft-marketplace-for-science-and-tech-ip-to-launch-in-march/4015052.article - RMDS Lab https://www.rmdslab.com/
- RMDS NFT marketplace will be at rmdsNFT.com
- Ecosystem platform at GRMDS.org does have search feature
- Competition for Summer Interns https://grmds.org/comp/nft
Alex Liu, PhD – Comments on capabilities for LPBI Group’s Portfolio of IP Assets:
-
Our NFT marketplace will be at rmdsNFT.com, while
-
Our ecosystem platform at GRMDS.org does have search feature.
-
Our NFT marketplace can support to mint and list your assets to be sold on our marketplace.
-
We can deploy a window or connect to your web site for your members’ easy access to our marketplace, and for your members’ easy minting, listing, selling IP NFTs.
-
See attached an introduction, and we can use our marketplace to support you and your communities.
When will be LPBI BETTER OFF running it’s blockchain or being part of NFT Marketplace for Science – RMDS Platform of Alex Liu
Scenario 1: LPBI Group’s OWN Blockchain – Read here
https://pharmaceuticalintelligence.com/nft-redefined-format-of-ip-assets/
Scenario 2: LPBI Group’s IP is One of Many IP Assets on the World’s first NFT marketplace for Science and Tech IP to launch in March 2022
3rd party potential acquirer needs to choose between Scenario 1 and Scenario 2
- WHEN is LPBI more attractive?
- WHICH scenario will fetch a better OFFER in $$ for 2012 to today efforts?
Dr. Liu has these organization, he launched in 2009 and has an impressively LARGE community for
The interaction between LPBI Group and RMDS.com has several potentials:
- To get an opinion on LPBI Group’s business model and pricing toward M&A
- To enroll him as possible partner distributing LPBI Groups SaaS and BaaS product and services at com and GRMDS.org
- To augment LPBI Group’s presence by having items valuable for both of you at com and GRMDS.org
Relations between 1st NFT Marketplace Launch on 3/2022 and Two Scenarios:
- with LPBI IP
or
- without LPBI IP
These are two very different case studies
For an NFT Marketplace in Science LPBI Group’s IP Portfolio brings the following opportunities derived from 1.0 LPBI Group, 2012-2020:
- to enlist 6,100 scientific articles with 2MM VIEWS
- to enlist 18 books in Medicine with 140,000 Page downloads
- to enlist 100 e-Proceedings
- to enlist 40 Tweet Collections
- to enlist +6,100 Biological Images
TO ANNOUNCE on launch that his NFT platform had enabled all that vast IP at Launch 🚀
- is like having a successful IPO
Comment on MINTING ALA’s 1997 Marketplace design and a Podcast about it
- Three volumes of First Edition of e-MALL for Analytics – each needs to be minted as NFT
- His podcast interview with me about as designer of 1, above needs to be minted as NFT
Aviva View on the utilities of a NFT Marketplace powered by blockchain:
I foresee a near Future when:
- LPBI IP Assets classes of relevance to Medical Text Analysis with NLP and Deep Learning will be indexed by Eric and a Team I will build for him, aka Internal to LPBI – Mission #2: Blockchain effort using Fluree.com – design of Knowledge graph-based database schema is under way, Open Source Blockchain
- In parallel to 1, above, all IP Assets in use in 1, above will be minted for Alex Liu’s Global NFT Marketplace for Science, the indexing methods are different, this is an External effort
- Both efforts will yield Content Monetization and will yield a Transaction enable IT Infrastructure:
1, above is LPBI as an independent entity, B2B and B2C
2, above is LPBI as a member of the Community, gRMDS.org and RMDS.com – auction enabled Marketplace for Science
Example of Utilities derived from a NFT Marketplace powered by blockchain
- enable you the Scientist
- to auction your patents, one claim at a time, your articles, your books, your talks, your podcasts, your drug molecular design, THE ONTOLOGY of your own scientific intellectual universe
- LPBI Group’s Journal Ontology of 730 research categories comprises SEVERAL ontologies: two examples
Cancer Biology and Therapeutics
~ 2,000 scientific articles
(Dr. Larry & Dr. Williams, et. al.):
- Series B: Genomics – 2 volumes
- Series C: Cancer & Oncology – 2 volumes
- Series D: Immunology – 4 volumes
Frontiers in Cardiology 🫀 and Cardiovascular Procedures
~ 3,000 scientific articles
(Dr. Larry, Dr. Pearlman and AVIVA, the architect of these two CVD ontologies and of the 6 volumes in Series A)
Each category with > 120 articles in a universe of
730 categories of research
Updated on 2/9/2022
List of LPBI IP Assets designate for NFT auction includes the following IP Assets:
- Journal articles – 1.0 LPBI: IP Asset Class I (N=6,200)
- Books – 1.0 LPBI: IP Asset Class II (N=18)
- Gallery of Biological images – 1.0 LPBI: IP Asset Class V (N=6,200)
- e-Proceedings and Tweet Collections – 1.0 LPBI: IP Asset III
- Podcasts – 1.0 LPBI: IP Asset Class X
- Spanish Contents – 2.0 LPBI Mission #3
- Drug Molecules: LPBI’s Galectins – 2.0 LPBI Mission #4, and
- Drug Molecules: 3rd parties
- NLP Graphic Products: 2.0 LPBI Mission #1 [NLP adds new Graphs [(# of Chapters x 2)] + [(WordClouds 1x # of articles in a Chapter)]
- NLP Graphic Interpretations Products: [NLP adds new Graphs [(# of Chapters x 2)]
Erich Voice on Applicability of NFT in the priority of Blockchain Transactions Network and Knowledge graph DB Schema design
My view continues to be that monetization of the LPBI content through NFT marketplaces is a forward looking opportunity beyond the horizon of your personal engagement in the effort. My recommendation continues to be that LPBI focus on multiplying the value of its content through evolving the information architecture into a modern knowledge graph format. As it stands today, the WordPress site is practically unusable for meaningful discovery or even browsing. Only through Google’s indexing efforts is any of this information ever discovered in the first place. LPBI needs to focus on improving discoverability and search utility to increase it’s immediate valuation.
Aviva’s voice on Coupling LPBI IP Assets designate for NFT auction in the Future with the Blockchain platform under design – 2.0 LPBI Mission #2
STATE of STRATEGY for a LONGER TERM PLAN
- On the blockchain we intend to SELL each Plot: Hyper-graphs and Tree Diagrams
- On the blockchain we intend to SELL each Interpretation like it was presented on 2/15/2022 in the Business Side Zoom meeting
- In a B2C Scenario: A knowledge worker type a query
- Option 1: one article with most views on the topic is shown on the screen
- Option 2: 12 top articles are fetched from the Journal archive ranked by views
- Option 3: computer advise [Recommendation Engine] the knowledge worker: x articles in this 12 were published in the following books
- Option 4: do you wish to see the NLP results of these articles in the context of the chapter they are included in the books?
- Option 5: if yes, then Hyper-graph and Tree diagram stored in the DB is retrieved and appears on the screen
- Option 6: do you wish to read the interpretation of the Domain Knowledge Expert for these graphs?
- Option 7: if yes, Interpretation Box appears on the screen
- Option 8: Knowledge worker wish to download to his computer Options 2,3,4,5,6,7,
- Option 9: Price for Option 2 = $20, Option 3 = #40$ Option 4,5,6,7 =$35 each
- Option 10: Form with itemized contents for a total of $200
- Option 11: Credit card online payment
- Option 12: all paid for items are downloaded to the B2C Knowledge worker CART
- THAT IS A TRANSACTION OF CONTENT MONETIZATION recorded on the blockchain
ADVANTAGES TO HAVING THIS LONGTERM VISION IN THE CURRENT 2.0 LPBI Group’s Strategy regarding FEATURES in the Future PIPELINES
Marketing aspects related to 1.0 LPBI Portfolio of IP Asset Classes: I, II, III, V, X, see above
- ALL of these DIGITAL Asset Classes are in 2022 only Brick and Mortar
- It is ONLY the 2.0 LPBI Missions: #1,#2,#3,#4 that represent the translation of a Brick and Mortar business into a Cloud Cyber Software or SaaS Business
- That translation is presented in this link
NFT: Redefined Format of IP Assets
Curator: Aviva Lev-Ari, PhD, RN with inputs from Dr. Stephen J. Williams, PhD
Updated on 2/6/2022
CLAIMER
- Digital Products UNLESS they embed the bleeding edge technological features: i.e., AI, ML, NLP, DL – they are perceived as generation 1st, 2nd, 3rd but not the LATEST in the marketplace
- That is the reality of the FAST Obsolescence of high tech in the CYBER Era
- On the ground of 2, above, I am justifying Coupling LPBI IP Assets designate for NFT auction in the Future with the Blockchain platform under design – 2.0 LPBI Mission #2
- For Transfer of Ownership of a Portfolio of 14 IP Asset Classes: See itemized inventory of IP:
it is the future execution of 3, above [Coupling] that is prolonging the life line and is adding viability for a higher chance to sell the business given the demographical characteristics of 2.0 LPBI Leadership Team
- Without NFT & Auctions in our VISION & in our Marketing communication materials the chances of selling the business will be significantly altered
- On the meeting on Monday, 2/7/2022 with an Information syndicator, it was NLP that was of interest
- Next potential buyer will be attracted to the Auction feature of the NFT products
- I would NEVER compare the market for Scientific Content with the market for Popular Music or the market for Modern Art been in auction for 500 years.
Updated on 2/6/2022
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Collaboration with Federal Reserve Bank of Boston yields progress in understanding how a digital currency might be developed in the future.
Peter Dizikes | MIT News Office, Publication Date: February 3, 2022
The researchers developed two complete sets of computing source code, or “codebases,” for the software systems. One codebase was capable of handling 1.7 million transactions per second, with 99 percent of those transactions finishing in less than a second — well above the basic benchmark of 100,000 transactions per second they sought to achieve. The other codebase was able to process about 170,000 transactions per second. That level of throughput would help finalize every transaction at a central bank, while enabling the growth of other machine-to-machine transactions — both of which would be vital to a potential CBDC.
Those findings have been released in a paper titled, “A High Performance Payment Processing System Designed for Central Bank Digital Currencies,” released by MIT and the Federal Reserve Bank of Boston. The Project Hamilton software, called OpenCBDC, has been released under an MIT open-source license as well. It is one piece of work among others being done on CBDC issues in the Federal Reserve system.
To be sure, any steps toward a digital version of currency would involve many additional policy decisions and software features that would need to be settled by the U.S. Congress and other regulatory experts. As the team points out in the paper’s executive summary, “several technical design questions remain open for investigation. The answers to these questions will have meaningful implications and consequences for what options are, or are not, available for policymakers.”
SOURCE
https://news.mit.edu/2022/digital-currency-fed-boston-0203
“Monetized Graphics” – The Case for NFT Holding the Value of Intellectual Property Assets:
A Case in Point
Leaders of Pharmaceutical Business Intelligence (LPBI) Group, Boston
Blockchain for LPBI’s Content monetization Scenario
- On the blockchain we intend to SELL each Plot: Hyper-graphs and Tree Diagrams
- On the blockchain we intend to SELL each Interpretation like the two in Science SIde today
- In a B2C Scenario: A knowledge worker type a query
- Option 1: one article with most views on the topic is shown on the screen
- Option 2: 12 top articles are fetched from the Journal archive ranked by views
- Option 3: computer advise [Recommendation Engine] the knowledge worker: x articles in this 12 were published in the following books
- Option 4: do you wish to see the NLP results of these articles in the context of the chapter they are included in the books?
- Option 5: if yes, then Hyper-graph and Tree diagram stored in the DB is retrieved and appears on the screen
- Option 6: do you wish to read the interpretation of the Domain Knowledge Expert for these graphs?
- Option 7: if yes, Interpretation Box appears on the screen
- Option 8: Knowledge worker wish to download to his computer Options 2,3,4,5,6,7,
- Option 9: Price for Option 2 = $20, Option 3 = #40$ Option 4,5,6,7 =$35 each
- Option 10: Form with itemized contents for a total of $200
- Option 11: Credit card online payment
- Option 12: all paid for items are downloaded to the B2C Knowledge worker CART
- THAT IS A TRANSACTION OF CONTENT MONETIZATION recorded on the blockchain
How to apply “Monetized Graphics” to the Auction Catalogue of LPBI Group’s IP Assets Portfolio of
- Scientific articles as Expert Curations,
- eTOCs of Scientific Books as Expert Curations,
- e-Proceedings of Scientific Conferences,
- Real Time Tweet Collections,
- Galleries of Biological Images as Prior Art,
- Medical Text Analysis Results: Visualization of Natural Language Processing,
- Pharmaceutics Molecular Designs, and
- Knowledge graphs of ontological scientific categories:
MolecularFunction
CellularComponent
BiologicalProcess
PharmaceuticalIntelligence.com
A quote by Tressie McMillan Cottom:
Those questions are about the culture of blockchain, not about its technical innovation. Blockchain promises to decouple trust in our financial transactions from institutions. I do not have to trust that someone owns something, or trust that an institution will defend my ownership of something. Blockchain says trust moves from institutions — like banks and regulators — to the apolitical ledger. In theory, no one owns the ledger. That means no one can undermine your bargaining power in an exchange. But is that actually how the ledger works? Is an apolitical platform possible in a world where everything we do has a political cause and effect?
https://www.nytimes.com/2022/01/24/opinion/crypto-blockchain-nfts.html?referringSource=articleShare
Tressie McMillan Cottom (@tressiemcphd) is an associate professor at the University of North Carolina at Chapel Hill School of Information and Library Science, the author of “Thick: And Other Essays” and a 2020 MacArthur fellow.
A quote by Anil Dash, On “inventing NFTs” and how we don’t have any good way to talk about tech
My primary motivations for doing this work, as I stated in our very first demo, was to try to enable artists to benefit from a technological innovation that I truly believe is inevitably going to be foisted on creators, either with or without their consent. By doing a public, visible demonstration, we took the most likely path of preventing the technology from harming artists by removing the ability for others to patent it later in an exploitative way, and by providing information to artists in a context of a non-profit, artist-centered demonstration held at a museum.
https://anildash.com/2021/11/14/i-didnt-invent-nfts-but-we-dont-really-have-any-other-way-to-talk-about-tech/
Fortunately, we’re also seeing people joining the conversation around these ideas. Whitney Mallett summarized some of the most tantalizing potential:
Blockchain-verified digital art could catch on, and if it did, it could create a more traditional model of authorship for net artists as they negotiate the murky world of authorship and ownership online.
https://medium.com/message/a-bitcoin-for-digital-art-8c7db719e495
What’s clear is that this conversation will be happening in studios and museums, amongst non-profits and artists’ workshops, between coders and curators. Where it doesn’t seem to have taken root is in the most conventional venues of the technology industry. When Kevin and I were asked to represent Seven on Seven by demoing monegraph to the crowd at the TechCrunch Disrupt conference, we began with the title “monetized graphics”, just as we had at the New Museum.
The museum crowd had seen “monetized graphics”, understood the tone and intuitively understood why we’d chosen that ridiculous name. But in a room full of people who were otherwise enthralled by Bitcoin as a technology, the absurdity read instead as a straightforward goal, eliciting almost no reaction. We explained the details of Namecoin transaction #1217706, and why it was significant to artists and creators of all stripes.
A Bitcoin for Digital Art, Currency is boring. Let’s make GIFs!
SOURCE
https://medium.com/message/a-bitcoin-for-digital-art-8c7db719e495
On “inventing NFTs” and how we don’t have any good way to talk about tech
2.0 LPBI Group, 2021 – 2025
“Monetized Graphics” – The Case for NFT Holdings and the Value of Intellectual Property Assets: Scientific articles, Scientific Books, e-Proceedings of Scientific Conferences, Galleries of Biological Images, Text Analysis Results: Visualization of Natural Language Processing
Another interesting weekend …
#economy #markets Credit Suisse UBS #banks