1.2.Airship Blockchain

The Airship Blockchain allows each user to store assets, on-chain interactions, data storage and other properties on the Airship Blockchain public ledger, enabling a decentralized, immutable record of ownership. When the user buys, earns or receives any digital reward in the smart contract process, the user fully and completely owns the digital reward. For the avoidance of doubt, User acknowledges and agrees that while User may own Digital Rewards, the underlying embedded intellectual property may be subject to certain licensing requirements and Airship may only assign such rights to User as long as Airship holds valid Intellectual Property Licensing. In the event of such license termination, Airship and User may have no rights to the underlying Embedded Intellectual Property in User's Platform Assets, and the underlying Embedded Intellectual Property may be changed or deleted at Airship's discretion.