Please describe your proposed solution
Iagon and Würth aim to create a robust platform that utilizes NFTs and Smart Contracts to control access to 3D intellectual property, automate payments for royalties, and cover storage costs without requiring third-party intervention. This platform, embedded within ORSY Connect (Würth’s Inventory Management Solution), will give Würth’s customers seamless access to purchase 3D printing supplies, printers, and printing IP recipes, all managed within a secure, decentralized blockchain-based system.
The platform will maintain IP ownership integrity by encrypting files and managing their distribution within a decentralized file system developed by Iagon. Smart Contracts attached to NFTs will be the key mechanism for handling payments and access permissions, allowing customers to purchase and print the IP files needed, while manufacturers retain full control. This setup will enable IP owners to monetize their designs easily and cost-effectively.
Würth’s role in the project allows for options like exclusive access to the platform, with branding proportional to their investment in the MVP. Clear agreements and terms will be established before project initiation, and once approvals are finalized, Iagon and Würth will craft a detailed project plan. Throughout this process, Würth Canada, WAG (Würth Additive Group) and Würth IT India will all play a key part in the planning, execution, integration and go-to-market for this initiative.
Designed to benefit Würth, Iagon, the Cardano blockchain, and the creators of 3D Printing IP, this platform will be open to any manufacturer contributing printable IP. It will also offer flexibility by accommodating 3D printing service bureaus, giving customers the option to outsource their print jobs if needed. This ecosystem is expected to foster widespread adoption, making it straightforward for IP suppliers to sell their work via NFTs or Smart Contracts and for customers to purchase them easily within ORSY Connect. This development seeks to establish a new industry-wide precedent for the sale and distribution of 3D printing IP, setting a standard that can become easily adopted and enabling seamless plug-and-play functionality with traditional 3D printing services and tooling.