Mytitle provides digital proof of data ownership by creating a unique validation hash for files and storing it on the Litecoin blockchain, accompanied by a digital timestamp for verification. This service addresses the need for secure intellectual property protection by offering a legally recognized ownership certificate that safeguards against infringement and misuse.
Funding
$1.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Creators and businesses face challenges in proving ownership and protecting their digital intellectual property from infringement and misuse. Traditional methods of copyright protection can be complex, costly, and time-consuming. There is a need for a simple, secure, and legally recognized way to establish data ownership.
Solution
Mytitle provides a solution for establishing digital proof of data ownership by generating a unique validation hash for uploaded files and securely storing it on the Litecoin blockchain. This process creates a digital timestamp, providing a verifiable record of when the file's hash was recorded on the blockchain. Users receive an ownership certificate containing information about their stored files and a personal ID, serving as legal proof of ownership. Mytitle offers a secure and encrypted storage solution for uploaded files, ensuring that intellectual property is protected against unauthorized use.
Target Audience
Mytitle targets entrepreneurs, designers, musicians, writers, and developers who need to protect their intellectual property, including business ideas, designs, songs, books, and code.
Features
- Generates a unique validation hash for each uploaded file.
- Stores the validation hash on the Litecoin blockchain.
- Provides a digital timestamp to verify the date of storage.
- Creates an ownership certificate with file information and user ID.
- Offers secure and encrypted storage for uploaded files.
- Allows users to upload various digital content formats, including documents, designs, music, and code.
- Provides lifelong certificates, with file information trackable on the Litecoin blockchain indefinitely.