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IBM's Blockchain Partnership to Put Patents on NFTs by machnbirdsparo

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· @machnbirdsparo ·
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IBM's Blockchain Partnership to Put Patents on NFTs
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IBM is as big as Big Business gets. It's used as both the model of success and failed capitalism. When IBM entered the blockchain space, it instantly gave the technology credibility. Critics point to attempts to centralize blockchain. IBM maintains that such efforts are meant to ease blockchain adoption.

<center>![image.png](https://images.hive.blog/DQmVnnXJNNkmGrJzKZVYmGwFecceQN1dJ2TXynyvRoT8ine/image.png)<sub>Photo by <a href="https://www.pexels.com/photo/lighted-high-rise-buildings-3030647/">Nextvoyage</a> from Pexels</sub></center>

There are levels to IBM blockchain solutions. The international powerhouse will even help build blockchains for their clients where they maintain their own keys.

In regards to the NFT space, IBM selected IPwe to partner with. IPwe CEO, Erich Spangenberg, provided <a href="https://newsroom.ibm.com/2021-04-20-IPwe-and-IBM-Seek-to-Transform-Corporate-Patents-With-Next-Generation-NFTs-Using-IBM-Blockchain">insight into the new venture</a>: 
>"The IPwe Platform is designed to transform the patent asset class by increasing transparency and promoting engagement, which we believe will encourage innovation," 

He went on to say
>"The use of NFTs to represent patents will help create completely new ways to interact with IP. This is expected to benefit not only large enterprises that have significant intellectual property, but it will bring new opportunities to small and medium enterprises and even individual IP owners. .."

Spangenberg finally illuminates what can be construed as hope for a decentralized future by identifying "individual IP owners".

OK, so it's not much, but then again, not many in crypto expect IBM to be instrumental in designing a brighter future. These statements at least provide hope that Big Business may one day see the light. 

For those who support centralization attempts of blockchain and crypto, remember what Ken Olsen, Founder, of Digital Equipment Corporation, said in 1977: 
>"There is no reason anyone would want a computer in their home."

Never heard of Ken Olsen? Or Digital Equipment Corporation? Think big corporations like IBM never get anything wrong?

You've heard of 20th Century Fox? Even if you believe that motion picture studio executive was joking or hoping to slow the roll of TV, you must admit that leadership in mainstream media is far from perfect. Here are the words of Darryl Zanuck of 20th Century Fox (1946):
>"Television won't be able to hold on to any market it captures after the first six months. People will soon get tired of staring at a plywood box every night."

OK, so maybe a skill debate team could wash enough of these statement away to keep most tuned-in and reliant upon mainstream news without fact check.

Good thing there's this [WARNING: read on only if you have NOT entirely dismissed decentralized crypto]:
>"I think there is a world market for maybe five computers." - Thomas Watson, IBM President in 1943

*Thanks to <a href="https://www.pcworld.com/article/155984/worst_tech_predictions.html">PC World</a> for organizing tech predictions.*

<center><sub>Originally published <a href="https://steemit.com/hive-175254/@machnbirdsparo/ibm-s-blockchain-partnership-to-put-patents-on-nfts">here</a>.</center>
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