2335060
Project Grant
Overview
Grant Description
SBIR PHASE I: IP PROGRAMMABLE RIGHTS UNITS ON BLOCKCHAINS -THE BROADER IMPACT/COMMERCIAL POTENTIAL OF THIS SMALL BUSINESS INNOVATION RESEARCH (SBIR) PHASE I PROJECT IS TO REVOLUTIONIZE GLOBAL PARTICIPATION IN THE INTELLECTUAL PROPERTY ECOSYSTEM. THIS COMPANY'S INNOVATION SIGNIFIES A PARADIGM SHIFT IN HOW SOCIETY COMPREHENDS AND MANAGES INTELLECTUAL PROPERTY, PAVING THE WAY FOR INCREASED VALUE CREATION AND DEMOCRATIZING A SYSTEM HISTORICALLY MARRED BY COMPLEXITY, COST, AND OPACITY.
LEVERAGING THE INHERENT CHARACTERISTICS OF BLOCKCHAINS?DECENTRALIZATION, PEER-TO-PEER DYNAMICS, TRANSPARENCY, AND CRYPTOGRAPHIC VERIFIABILITY IT IS POSSIBLE TO ESTABLISH AN OPEN, EFFICIENT, AND INCLUSIVE SYSTEM FOR INTELLECTUAL PROPERTY LICENSING AND TRANSACTIONS. THIS PROJECT?S INNOVATION WILL BREAK DOWN BARRIERS, BOTH LEGAL AND ECONOMIC, FOR CREATORS ACROSS DIVERSE FIELDS, INCLUDING ARTISTS, WRITERS, FILMMAKERS, AND SCIENTIFIC AND BUSINESS INNOVATORS.
TECHNICAL UNDERSTANDING OF COST-EFFICIENT BLOCKCHAIN BASED PLATFORMS, TODAY ONE OF THE BIGGEST BARRIERS TO LARGE SCALE BLOCKCHAIN BASED USE CASES, WILL BE ENHANCED DUE TO THE EFFORTS OF THIS PROJECT. ADDITIONALLY, ENHANCED TECHNICAL UNDERSTANDING OF COMPOSABLE LEGAL REPRESENTATIONS AND MODELS WHILE MAINTAINING BUSINESS MEANING WILL BE ACHIEVED. THE GLOBAL INTELLECTUAL PROPERTY RIGHTS MARKET IS PROJECTED TO BE $21B BY 2029 AND THE BLOCKCHAIN TOKEN/NFT MARKET IS PROJECTED TO BE $211B BY 2030.
THIS DISRUPTIVE ENABLING TECHNOLOGY HAS SIGNIFICANT COMMERCIAL POTENTIAL. THIS SBIR PHASE I PROJECT PROPOSES TO DEMONSTRATE THE ABILITY TO DECONSTRUCT INTENSELY COMPLEX PROSE BASED LEGAL CONSTRUCTS REPRESENTING INTELLECTUAL PROPERTY RIGHTS INTO ?PROGRAMMABLE RIGHTS UNITS? AND OPERATE THESE UNITS ON ANY BLOCKCHAIN IN A COMPUTE EFFICIENT AND COST EFFICIENT MANNER. THE OBJECTIVES ARE TWOFOLD. FIRST, THE PROJECT WILL ACCURATELY DECONSTRUCT PROSE-BASED LEGAL DOCUMENTS INTO COMPOSABLE IP LICENSING ELEMENTS, ?PROGRAMMABLE RIGHTS UNITS,? AND REPRESENT THEM IN NON-LOSSY SEMANTIC MEANINGS.
THESE DECONSTRUCTED UNITS MUST BE CAPABLE OF EXECUTION ON BLOCKCHAINS IN A COMMERCIALLY VIABLE WAY. SECOND, THE PROJECT WILL DEMONSTRATE THE ABILITY TO IMPLEMENT COMPOSABLE PROGRAMMABLE RIGHTS IN A BLOCKCHAIN-AGNOSTIC FORM. THIS OBJECTIVE IS CRUCIAL FOR COMMERCIAL SUCCESS AS THE PROLIFERATION OF BLOCKCHAINS WILL CONTINUE, THUS, SUPPORTING MANY BLOCKCHAINS IS REQUIRED FOR A BROAD ADDRESSABLE MARKET. THESE OBJECTIVES WILL REQUIRE USAGE OF MODELING TECHNIQUES, LINGUISTIC PATTERN ANALYSIS (NATURAL LANGUAGE PROCESSING AND OTHERWISE), TECHNICAL ARCHITECTURAL COST IMPACT ANALYSIS AS WELL AS ALGORITHMIC EVALUATION OF LEADING EDGE TECHNOLOGIES SUCH AS ZERO KNOWLEDGE PROOFS AND CRYPTOGRAPHICALLY INDEPENDENTLY VERIFIABLE ARTIFACTS AND IDENTITIES.
THE ANTICIPATED RESULTS WILL BE A PROVEN, BLOCKCHAIN AGONISTIC PLATFORM THAT ACCURATELY REPRESENTS THE SEMANTIC MEANING OF COMPLEX IP RIGHTS BUSINESS MODELS THAT CAN BE AUTOMATICALLY INTERACTED WITH FOR EXECUTING COMMERCIAL TRANSACTIONS. THIS AWARD REFLECTS NSF'S STATUTORY MISSION AND HAS BEEN DEEMED WORTHY OF SUPPORT THROUGH EVALUATION USING THE FOUNDATION'S INTELLECTUAL MERIT AND BROADER IMPACTS REVIEW CRITERIA.- SUBAWARDS ARE NOT PLANNED FOR THIS AWARD.
LEVERAGING THE INHERENT CHARACTERISTICS OF BLOCKCHAINS?DECENTRALIZATION, PEER-TO-PEER DYNAMICS, TRANSPARENCY, AND CRYPTOGRAPHIC VERIFIABILITY IT IS POSSIBLE TO ESTABLISH AN OPEN, EFFICIENT, AND INCLUSIVE SYSTEM FOR INTELLECTUAL PROPERTY LICENSING AND TRANSACTIONS. THIS PROJECT?S INNOVATION WILL BREAK DOWN BARRIERS, BOTH LEGAL AND ECONOMIC, FOR CREATORS ACROSS DIVERSE FIELDS, INCLUDING ARTISTS, WRITERS, FILMMAKERS, AND SCIENTIFIC AND BUSINESS INNOVATORS.
TECHNICAL UNDERSTANDING OF COST-EFFICIENT BLOCKCHAIN BASED PLATFORMS, TODAY ONE OF THE BIGGEST BARRIERS TO LARGE SCALE BLOCKCHAIN BASED USE CASES, WILL BE ENHANCED DUE TO THE EFFORTS OF THIS PROJECT. ADDITIONALLY, ENHANCED TECHNICAL UNDERSTANDING OF COMPOSABLE LEGAL REPRESENTATIONS AND MODELS WHILE MAINTAINING BUSINESS MEANING WILL BE ACHIEVED. THE GLOBAL INTELLECTUAL PROPERTY RIGHTS MARKET IS PROJECTED TO BE $21B BY 2029 AND THE BLOCKCHAIN TOKEN/NFT MARKET IS PROJECTED TO BE $211B BY 2030.
THIS DISRUPTIVE ENABLING TECHNOLOGY HAS SIGNIFICANT COMMERCIAL POTENTIAL. THIS SBIR PHASE I PROJECT PROPOSES TO DEMONSTRATE THE ABILITY TO DECONSTRUCT INTENSELY COMPLEX PROSE BASED LEGAL CONSTRUCTS REPRESENTING INTELLECTUAL PROPERTY RIGHTS INTO ?PROGRAMMABLE RIGHTS UNITS? AND OPERATE THESE UNITS ON ANY BLOCKCHAIN IN A COMPUTE EFFICIENT AND COST EFFICIENT MANNER. THE OBJECTIVES ARE TWOFOLD. FIRST, THE PROJECT WILL ACCURATELY DECONSTRUCT PROSE-BASED LEGAL DOCUMENTS INTO COMPOSABLE IP LICENSING ELEMENTS, ?PROGRAMMABLE RIGHTS UNITS,? AND REPRESENT THEM IN NON-LOSSY SEMANTIC MEANINGS.
THESE DECONSTRUCTED UNITS MUST BE CAPABLE OF EXECUTION ON BLOCKCHAINS IN A COMMERCIALLY VIABLE WAY. SECOND, THE PROJECT WILL DEMONSTRATE THE ABILITY TO IMPLEMENT COMPOSABLE PROGRAMMABLE RIGHTS IN A BLOCKCHAIN-AGNOSTIC FORM. THIS OBJECTIVE IS CRUCIAL FOR COMMERCIAL SUCCESS AS THE PROLIFERATION OF BLOCKCHAINS WILL CONTINUE, THUS, SUPPORTING MANY BLOCKCHAINS IS REQUIRED FOR A BROAD ADDRESSABLE MARKET. THESE OBJECTIVES WILL REQUIRE USAGE OF MODELING TECHNIQUES, LINGUISTIC PATTERN ANALYSIS (NATURAL LANGUAGE PROCESSING AND OTHERWISE), TECHNICAL ARCHITECTURAL COST IMPACT ANALYSIS AS WELL AS ALGORITHMIC EVALUATION OF LEADING EDGE TECHNOLOGIES SUCH AS ZERO KNOWLEDGE PROOFS AND CRYPTOGRAPHICALLY INDEPENDENTLY VERIFIABLE ARTIFACTS AND IDENTITIES.
THE ANTICIPATED RESULTS WILL BE A PROVEN, BLOCKCHAIN AGONISTIC PLATFORM THAT ACCURATELY REPRESENTS THE SEMANTIC MEANING OF COMPLEX IP RIGHTS BUSINESS MODELS THAT CAN BE AUTOMATICALLY INTERACTED WITH FOR EXECUTING COMMERCIAL TRANSACTIONS. THIS AWARD REFLECTS NSF'S STATUTORY MISSION AND HAS BEEN DEEMED WORTHY OF SUPPORT THROUGH EVALUATION USING THE FOUNDATION'S INTELLECTUAL MERIT AND BROADER IMPACTS REVIEW CRITERIA.- SUBAWARDS ARE NOT PLANNED FOR THIS AWARD.
Awardee
Funding Goals
THE GOAL OF THIS FUNDING OPPORTUNITY, "NSF SMALL BUSINESS INNOVATION RESEARCH (SBIR)/ SMALL BUSINESS TECHNOLOGY TRANSFER (STTR) PROGRAMS PHASE I", IS IDENTIFIED IN THE LINK: HTTPS://WWW.NSF.GOV/PUBLICATIONS/PUB_SUMM.JSP?ODS_KEY=NSF23515
Grant Program (CFDA)
Awarding / Funding Agency
Place of Performance
Henrico,
Virginia
23233-6636
United States
Geographic Scope
Single Zip Code
Mintangible was awarded
Project Grant 2335060
worth $275,000
from National Science Foundation in February 2024 with work to be completed primarily in Henrico Virginia United States.
The grant
has a duration of 1 year and
was awarded through assistance program 47.084 NSF Technology, Innovation, and Partnerships.
The Project Grant was awarded through grant opportunity NSF Small Business Innovation Research / Small Business Technology Transfer Phase I Programs.
SBIR Details
Research Type
SBIR Phase I
Title
SBIR Phase I: IP Programmable Rights Units On Blockchains
Abstract
The broader impact/commercial potential of this Small Business Innovation Research (SBIR) Phase I project is to revolutionize global participation in the intellectual property ecosystem. This company's innovation signifies a paradigm shift in how society comprehends and manages intellectual property, paving the way for increased value creation and democratizing a system historically marred by complexity, cost, and opacity. Leveraging the inherent characteristics of blockchains—decentralization, peer-to-peer dynamics, transparency, and cryptographic verifiability it is possible to establish an open, efficient, and inclusive system for intellectual property licensing and transactions. This project’s innovation will break down barriers, both legal and economic, for creators across diverse fields, including artists, writers, filmmakers, and scientific and business innovators. Technical understanding of cost-efficient blockchain based platforms, today one of the biggest barriers to large scale blockchain based use cases, will be enhanced due to the efforts of this project. Additionally, enhanced technical understanding of composable legal representations and models while maintaining business meaning will be achieved. The global intellectual property rights market is projected to be $21B by 2029 and the blockchain token/NFT market is projected to be $211B by 2030. This disruptive enabling technology has significant commercial potential.
This SBIR Phase I project proposes to demonstrate the ability to deconstruct intensely complex prose based legal constructs representing intellectual property rights into “programmable rights units” and operate these units on any blockchain in a compute efficient and cost efficient manner. The objectives are twofold. First, the project will accurately deconstruct prose-based legal documents into composable IP licensing elements, “programmable rights units,” and represent them in non-lossy semantic meanings. These deconstructed units must be capable of execution on blockchains in a commercially viable way. Second, the project will demonstrate the ability to implement composable programmable rights in a blockchain-agnostic form. This objective is crucial for commercial success as the proliferation of blockchains will continue, thus, supporting many blockchains is required for a broad addressable market. These objectives will require usage of modeling techniques, linguistic pattern analysis (natural language processing and otherwise), technical architectural cost impact analysis as well as algorithmic evaluation of leading edge technologies such as zero knowledge proofs and cryptographically independently verifiable artifacts and identities. The anticipated results will be a proven, blockchain agonistic platform that accurately represents the semantic meaning of complex IP rights business models that can be automatically interacted with for executing commercial transactions.
This award reflects NSF's statutory mission and has been deemed worthy of support through evaluation using the Foundation's intellectual merit and broader impacts review criteria.
Topic Code
DL
Solicitation Number
NSF 23-515
Status
(Complete)
Last Modified 2/7/24
Period of Performance
2/1/24
Start Date
1/31/25
End Date
Funding Split
$275.0K
Federal Obligation
$0.0
Non-Federal Obligation
$275.0K
Total Obligated
Activity Timeline
Additional Detail
Award ID FAIN
2335060
SAI Number
None
Award ID URI
SAI EXEMPT
Awardee Classifications
Small Business
Awarding Office
491503 TRANSLATIONAL IMPACTS
Funding Office
491503 TRANSLATIONAL IMPACTS
Awardee UEI
GV6GV96K6HE3
Awardee CAGE
None
Performance District
VA-01
Senators
Mark Warner
Timothy Kaine
Timothy Kaine
Modified: 2/7/24