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Blockchain Tech Start-Up CADChain – Pilots Data Protection/Tracking Tool Launch

The new pioneering solution from CADChain is a cost effective, reliable, and simple approach to a challenging problem. The digital economy is providing accessibility and opportunities for all globally. However, vulnerabilities arise when valuable intellectual assets, such as data, are shared with different parties. Misuse and misappropriation of intellectual property, such as computer aided design (CAD) data, is the perfect example.

CADChain’s newest solution recognises 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 has the potential to create a ‘perfect storm’ whereby creators and owners cannot adequately protect their work.

Therefore, 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.

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Although CADChain is a relatively new seed-funded company, it has grown from four members to 25 in the space of six months. The company’s CEO and co-founder, Violetta Shishkina, has a clear vision for the future: “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-s** 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.

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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 organisation’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.

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He commented: “CADChain provides a game-changing solution needed by today’s designers. 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 democratises intellectual asset protection and management for design data.”

Company CEO and co-founder, Violetta Shishkina, said: “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.”

“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,” she added.

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[To share your insights with us, please write to sghosh@martechseries.com]

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