What makes NKOR so special and different from its competitors
NKOR will establish a full marketplace, with advanced functions for users, including content analysis and robust self sustaining economy, based on a Worker Nodes system that will facilitate the decentralized the different markets within the platform.
The synergy between NKOR’s and blockchain technologies will revolutionize and help democratize the existing structure of digital data distribution, IP and copyright management, by creating a seamless solution for registering, distributing and tracking digital data. By Anchoring data on the NKOR platform and adding it on the blockchain, content creators can verify authenticity of their work, in a method which is inalterable and will last for posterity. In addition, since the NKOR marketplace enables participants to directly transact and trade data between themselves, the need for and the power of market intermediaries, such as agents, record companies and media sharing platforms, will be diminished, if not eliminated, making the distribution of licensed digital data cheaper and more accessible to the masses.
We believe that the next industry to be revolutionized by this technology will be the online media sharing and content distribution industry. This assumption is cemented by the growing number of publications calling for the implementation of blockchain technology in this marketplace, especially in the larger niches of audio, video and images, as well as in the inability of regulating authorities to properly enforce copyright and IP laws and combat the illegal download and distribution of content, which damages not only big companies, but also the “smaller people” who are affected the most economically and creatively.
NKOR’s team already has a successful track record in distribution of digital content to mass audiences from both a technical and business development perspective. The knowhow that the team brings, including an extensive legal knowledge of the IP management and content distribution ecosystem and its regulatory framework; a profound understanding of the importance of marketing, transparency and accessibility; and its accumulated shared technical experience in coding and development, constitutes a significant competitive advantage that will enable us to reach the critical mass needed for the ecosystem to succeed in grow quickly in the community.
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