In today’s digital economy, individuals create all the value, but own nothing. We give up everything we create to big companies who profit by selling us to the highest bidder.
By succumbing to an oppressive system, we’ve lost our individual freedom to benefit from the most important economy the world has ever seen. But what if we could own our digital lives just like we own everything we buy and build in the physical world?
Bitmark is the property system for establishing value and legal control over the world’s data. Before Bitmark, no property system facilitated economic activity around data and other digital assets. Under Bitmark’s decentralized property registry, individuals, institutions, and corporations gain control of their digital property; they can register titles to establish property rights, prove provenance and chain of ownership, and benefit from cross-border and local legal compliance.
By creating a universal system for digital property rights, Bitmark envisions a new internet built on individual freedom and empowerment where everyone owns a piece of the digital economy.
Property rights are crucial to society, but they have largely been ignored in application to the digital environment. Bitmark’s goal is to bring traditional property rights to data and other digital assets.
The Bitmark property system was built with cutting-edge blockchain technology to match the needs of our borderless and global digital lives and futures.
It features some of the same strengths as other blockchains, such as the immutability of an ordered and distributed ledger. However, Bitmark is specialized for property transactions and has strengths related to that: by uniquely identifying property, encoding its title, and supporting transfers, Bitmark creates clear provenance and chain of ownership for unique digital assets. This decentralized structure empowers individuals by granting them personal control over their assets.