MB Alvsim Consulting’s project 02-018-K-0012, titled “Creation of a Licensing System Based on Blockchain,” has received EU funding of EUR 85,774.66. The total project value is EUR 114,672.00.
The goal of this project is to fundamentally change the software licensing process by implementing NFT-based technology, which ensures secure, verifiable, and flexible licensing mechanisms. This innovation aims to address sensitive issues such as piracy and illegal distribution. Our objective is to create a reliable and transparent system that benefits both developers and end-users, promoting trust and efficiency in the digital software market.
NFT-based software licensing technology tackles key challenges in the software industry, such as piracy and unauthorized use. Each license is represented on the blockchain as a unique, non-duplicable token, ensuring security and easy verification of ownership.
Project implementation began on 2024-06-26 and will conclude on 2025-06-30.
“Funded by the European Union NextGenerationEU.”