Updated license information

Author: protocentralashwin

LICENSE.md

@@ -0,0 +1,51 @@
+License Information
+===================
+
+Hardware
+---------
+
+**All hardware is released under [Creative Commons Share-alike 4.0 International](http://creativecommons.org/licenses/by-sa/4.0/).**
+
+You are free to:
+
+Share — copy and redistribute the material in any medium or format
+Adapt — remix, transform, and build upon the material
+for any purpose, even commercially.
+The licensor cannot revoke these freedoms as long as you follow the license terms.
+Under the following terms:
+
+Attribution — You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
+ShareAlike — If you remix, transform, or build upon the material, you must distribute your contributions under the same license as the original.
+No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
+Notices:
+
+You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable exception or limitation.
+No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as publicity, privacy, or moral rights may limit how you use the material.
+
+
+Software
+--------
+
+**All software is released under the MIT License(http://opensource.org/licenses/MIT).**
+
+The MIT License (MIT)
+
+Copyright (c) 2015 ProtoCentral
+
+Permission is hereby granted, free of charge, to any person obtaining a copy
+of this software and associated documentation files (the "Software"), to deal
+in the Software without restriction, including without limitation the rights
+to use, copy, modify, merge, publish, distribute, sublicense, and/or sell
+copies of the Software, and to permit persons to whom the Software is
+furnished to do so, subject to the following conditions:
+
+The above copyright notice and this permission notice shall be included in all
+copies or substantial portions of the Software.
+
+THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR
+IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY,
+FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE
+AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER
+LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM,
+OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE
+SOFTWARE.

README.md

@@ -85,9 +85,17 @@ Once downloaded, unzip the archive and install the app as per your OS.
 
 ![PPG Wave Form in Processing](https://github.com/Protocentral/AFE4400_Oximeter/blob/master/Processing/Final%20Output/PPG-Generated.png)
 
-
 License Information
--------------------
-This product is open source!
+===================
+This product is open source! Both, our hardware and software are open source and licensed under the following licenses:
+
+Hardware
+---------
+**All hardware is released under [Creative Commons Share-alike 4.0 International](http://creativecommons.org/licenses/by-sa/4.0/).**
+![CC-BY-SA-4.0](https://i.creativecommons.org/l/by-sa/4.0/88x31.png)
+
+Software
+--------
+**All software is released under the MIT License(http://opensource.org/licenses/MIT).**
 
-Please use, reuse, and modify these files as you see fit. Please maintain attribution to Protocentral and release anything derivative under the same license.
+Please check [*LICENSE.md*](LICENSE.md) for detailed license descriptions.