Blockchain type tech helps Pryor Cashman in launching "Monegraph"
Pryor Cashman, which is a full-service law firm, has announced the launch of a new digital art and media platform "Monegraph." What makes this platform an interesting subject for digital currency world is the fact that it claims to be utilizing the technology which is similar to the blockchain technology. Blockchain has evoked lots of discussions as it is widely being seen as the answer to an over-burdened traditional financial infrastructure. Monegraph has been described as a web-based platform that facilitates transfers of digital art, such as professional and amateur photography, and....
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With more and more things becoming digitalized, intellectual property rights are straggling behind. Monegraph is one way users can stay current in this digital age, borrowing the Namecoin blockchain for the purpose of storing URLs. Monegraph, short for monetized graphics, allows you to confirm that digital images that are yours are actually indeed yours. It takes advantage of the blockchain which is normal for verifying currency, and adapts it to verify ownership of images. It is extremely easy and cheap to get started, one must first own a twitter and a Namecoin client. Once signed into....
Monegraph, a collaborative project between a New York University professor and a technologist offers a radical new way for artists to secure digital property - by logging it in the namecoin block chain. To use the service, users sign in to Monegraph via Twitter and choose a URL location of a digital asset, such as artwork. Paying a small network fee via the namecoin QT client results in the Twitter account and URL being placed on the block chain. Kevin McCoy is the NYU professor that worked with Anil Dash to create Monegraph. An artist himself, McCoy said he had considered building....
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