Farad Whitepaper

Abstract

FARAD is an attempt at providing a new novel way of commoditising Intellectual
Property Rights related to a set of technologies related to metal oxide based
ultra-capacitors development and production. The approach taken here is by introducing
forward contracts based on the manufacturing application of the technology,
and how these forward contracts are structured as the underlying assets of a digital
commodity. The commoditisation program entails identification of the economic
appropriation rights for the technologies and how it could be coded onto Ethereum
Blockchain Smart Contracts, which would then create a tokenise digital asset commodity
called FARAD. This digital asset is named as a “Cryptoken”, signifying the
cryptographic element of the Ethereum Blockchain and the tokenising of the digital
asset. The paper sets out on how this could be achieved.

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Farad Whitepaper

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