HOW CAN BLOCKCHAIN PUT AN END TO PIRACY?

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How can Blockchain put an end to piracy?

• Over the last two decades, the popularity of
  content streaming has skyrocketed in large part
  due to the convenience and easy availability of
  digital content. As internet bandwidths have
  increased, so has the ease with which content can
  be pirated.This is a problem that has plagued
  every form of digital media from songs, to books
  and movies since the inception of the internet in
  the early 90s.The reason for this surge in piracy
  is that it is easy to copy media from one device
  to another. That is why the concept of using
  blockchain to curb piracy holds so much promise.
  Heres a look at what makes blockchains a good
  way to fight piracy.

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What does blockchain bring to the table
against piracy

• In very basic terms, a blockchain is a
  tamper-resistant ledger that cannot be
  manipulated by any single group of people. The
  network of users called miners help protect the
  network and make administrative decisions about
  the future of the blockchain. For the first time
  since the beginning of the internet, this has
  enabled us to make digital assets that cannot be
  counterfeited. For example, every Bitcoin created
  since its inception is unique with its history of
  transactions that cannot be altered.

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• Clearly, this has a lot of implications for
  banking and finance but its influence is sure to
  extend far beyond to industries like logistics
  and food safety among others. Blockchain relies
  on public key cryptography to ensure that
  messages are signed by the owners of the right
  private keys which are used to prove identity.
  These same private keys can be used for much more
  than just sending transactions and in fact, can
  be used to verify the authenticity of any type of
  digital goods. These private keys combined with
  smart contracts can be used to track the
  consumption of digital content across the
  internet and make sure that the original creator
  gets the fair share of the proceeds from the
  work.

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More Equitable sharing with Artists

• Blockchain-based project SingularDTV is one of
  the most innovative projects in this space that
  is looking to shake things up for the way we
  consume content online. Singulars model consists
  of tokenising the content itself so that the
  creator can raise funds by selling shares of
  the work. After the work is done, and media is
  being consumed, the original creator and early
  investors get paid for the ad revenue using smart
  contracts. Due to the advent of blockchains, now
  it is easier than ever to track every piece of
  digital content across all of the websites where
  it is embedded.

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• The smart contracts take care of the
  book-keeping required to settle payments and make
  sure that intermediaries arent screwing the
  artists out of their commissions while at the
  same time ensuring that all of the usage is being
  accounted.As we have already seen with platforms
  like Netflix and Spotify, piracy is significantly
  decreased when the users are given easy access to
  the content that they want to consume. Users
  prefer to watch advertisements in between their
  videos rather than having to outright having to
  pay for the content.
• Learn more about Blockchain

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• This is where the Basic Attention Token comes
  into play. The BAT platform along the Brave
  browser is creating the first ad-based economy
  for digital content. The premise is this instead
  of having to pay money to get rid of ads in
  premium services like YouTube Red, users could
  watch the commercials and earn cryptocurrency BAT
  right from within their browsers. The browser
  ships with a built-in ad blocker that can be
  disabled to earn BAT tokens. All of the
  book-keeping required to handle payments is
  handled from within the browser, and therefore a
  users data is never send to a centralised
  server.

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Blockchain Council Certifications

• You can check out our certifications, and kick
  start your career in the Blockchain space today.
• Certified Blockchain Expert
• Certified Blockchain Expertv2
• Certified Blockchain Developer
• Certified Smart Contract Developer
• Certified Solidity Developer
• Certified Ethereum Developer

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