Art Law Expert: ‘The Blockchain Can Unlock the True Potential of Digital Art’
With the help of Bitcoin, a new kind of license transforms the usage rights to copyright-protected digital artworks into limited and tradable virtual properties. CoinTelegraph spoke with entrepreneur and artist Stephan Vogler, who publishes his artwork under this new license that provides more usage rights and easily-proven ownership. Vogler and the art law experts of dtb rechtsanwälte in Berlin teamed up to create a license based on Bitcoin technology to transform digital artworks into technically and legally limited and tradable virtual properties. “These licenses can be securely....
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NFTs present a revolutionary and innovative technology, but their real value has been obscured by hype. It's 2021. Super Bowl champion Tom Brady is starting an NFT company, Christie's is explaining CryptoPunks to everyone, Saturday Night Live is creating jams about NFTs, Beeple and Mark Cuban are advocating NFTs’ use case — yet, here I am, the CEO of a company that helps users securely store their nonfungible tokens and I still think the actual value of NFTs is to be decided. It's important to back up and remember that, although it seems like we have all always known about NFTs, the....
Breitman revealed that Tezos’ solution to the blockchain trilemma is using optimistic rollups in an exclusive interview with Cointelegraph. Arthur Breitman, the co-founder of Layer 1 protocol Tezos, spoke with Cointelegraph's Jackson DuMont at the Paris Blockchain Week Summit (PBWS) last week about what it will take to unlock decentralized finance, or DeFi's true potential. Brietman delivered a keynote speech following this interview about the company's strategy.Related: Paris Blockchain Week, April 14: Latest updates from the Cointelegraph team on the groundAccording to Breitman, "people....
Fidelity Digital Assets president Tom Jessop says that bitcoin is not a true store of value just yet because the digital asset is still too volatile, Reuters reported. However, investors are optimistic bitcoin will attain this status. “We use the word ‘potential store of value’ as bitcoin is still extremely volatile, and by any standard perhaps would not achieve the mantle of a true store of value,” Jessop told Reuters’ Global Investment Outlook Summit 2020 on Thursday. “But aspirationally it is, and that’s one of the reasons why so many investors....
In a previous post, I wrote that I believe the blockchain has the potential to be as disruptive – and unlock as much opportunity and innovation – as the Internet, and that it could become a ubiquitous, interoperable, reliable, low-cost network for transactions of various kinds. But along with that enormous potential, the blockchain also faces challenges that are similar to, but in many ways very different from, what we had and continue to have with the Internet and the Open Web. I'm worried about the current situation of bitcoin and the blockchain. Partially driven by the over-investment....