ART LOCK'S METADATA ADVANTAGE
Metadata is a set of data that describes and provides information about other data. In the case of Validated Data Tokens, metadata gives thee tokens their meaning and describes essential properties, like name, description, and images. With Art Lock, the metadata stored is the data captured at the initial chaining event, including biometric information, fixed geolocation, and a unique identifier on the physical object. This patented hardware and software technology allows for physical objects to be immutably connected to a digital token–something never before done in the data token space.
Black Ink Tech, the company behind Art Lock, has exclusive licensing of 20 patents all related to the BIT Platform, and 10+ awarded patents.
Black Ink Tech has developed its IP portfolio on the core concept of utilizing geo-anchored hardware to capture metadata that has the ability to interact with immutable storage systems and processes, such as smart contracts.
By utilizing data capture devices, BIT is able to scan and mine data off any physical item, in any vertical, to pair the physical with the digital. Up until now, digital tokens have been fully digital products. BIT is the first to connect physical items to digital tokens.