Blockchain Technology is in its early stages of applicability in solving real world problems, and new potential usages are being implemented by different companies and entrepreneurs. A company BlockCrunch has recently seen that we believe is a great example of a BlockChain company seeking to vastly improve an industry through their technology is Knowbella Tech.
Knowbella is implementing a new usage for blockchain that, by benefiting the industry, will also benefit the world at large. This is because Knowbella is implementing blockchain in a way that can free up science related intellectual property that otherwise is withering and not obtaining any use. According to Mark Pohlkamp, CEO of Knowbella Tech, “there is a tremendous amount of technology and intellectual property that is unused or just collecting dust around the world that has great promise to change our world in unimaginable ways.”
Knowbella Tech is a blockchain-enabled, scientific collaboration platform. Using the Four trillion dollars of abandoned and unused intellectual property around the world, to advance science and open sourcing intellectual property (IP) for crowdsourced collaboration on the Knowbella Platform.
The global scientific community can conduct smart contract-based transactions using the Helix by simply becoming part of Knowbella Tech’s blockchain. By joining, participating in, and contributing to the Knowbella scientific community, scientists and other intellectual endeavors can earn more funds while simultaneously helping advance human knowledge in the pursuit of improving life on Earth. Knowbella will issue grant funding using smart contracts on the Ethereum blockchain, providing greater visibility, efficiency and access.
The launching of Knowbella Tech is a bold venture and has an intrepid goal; to improve people, planet and generate a profit for their global community of scientists and investors. The belief being that by opening up and unlocking intellectual property that is unused, Knowbella and its partners can create unimaginable advancements to benefit our world.
In the words of Rosemarie Truman, Founder & CEO, of the Center for Advancing Innovation, “ Knowbella is the epitome of the beauty of knowledge. Their founders have created a new use of blockchain, and pursuing applying it for good. They have put together an incredible platform to advance inventions that could have a long-term impact on the world, provide researchers an opportunity to commercialize and meaningfully architecting incentives for all stakeholders involved to generate positive impact .”