Blockchain Tech Start-Up Pilots Data Protection Tool Launch

CADChain has pioneered a new solution to protect CAD intellectual property (IP). The gender-balanced blockchain technology start-up, based in the Netherlands, states its solution is made for businesses and individuals who want to register, protect and track their CAD work.

The new solution from CADChain is a cost effective, reliable, and simple approach to a challenging problem, the company reports. CADChain’s newest solution recognizes that while the need for sharing and collaborating during the design phase of any product is essential, the rate at which unprotected digital assets are being created is unprecedented. This can create a ‘perfect storm’ where creators and owners cannot adequately protect their work.

CADChain is giving birth to BORIS, an end-to-end security and tracking solution, to ensure users are protected while their CAD work is in development or changes ownership. This gives creators, designers and owners peace of mind, whether they are working alone, collaborating, or working within a client partnership, the company says.

Although CADChain is a relatively new seed-funded company, it has grown from four members to 25 in 6 months. The company’s CEO and co-founder, Violetta Shishkina, has a vision: “We’re creating an novel company that is delivering tangible value.” 

She champions gender balance within her workforce and is aiming for a 50/50 gender split, as she knows diverse teams outperform those that are single-sex or heavily biased towards one gender. In addition, she places an emphasis on strengthening the company offering by hiring individuals who meet desired profiles and bring a specific skill set.

For instance, Claudio Cocorocchia is a recent strategic hire who comes from the World Intellectual Property Organization’s (WIPO) leadership team, where he was responsible for the organization’s digital business services unit. He has joined CADChain as a senior advisor and believes the company offers a unique proposition that is effectively leveraging the benefits of blockchain technology.

“CADChain provides a game-changing solution needed by today’s designers,” Cocorocchia says. “It mitigates real risks caused by the shortened and rapid product development cycles of today’s digital economy, where sensitive data is constantly being shared. The solution makes CAD files more secure, easier to control, share and in the future, license, whilst reducing the risk of infringement or misuse—CADChain democratizes intellectual asset protection and management for design data.”

“The balance of qualities and perspectives makes CADChain a place of innovation; great teamwork is achieved through excellent communication, quick problem-solving, and mutual attention,” says Shishkina.  “A gender equality policy ensures not only great teamwork and brilliant performance, which creates the ideal environment for business to flourish, but also credibility as it shows the company’s social responsibility awareness.” 

Sources: Press materials received from the company and additional information gleaned from the company’s website.