Mediachain is Using Blockchain to Create a Global Rights Database
One of the biggest, still-dormant use cases for blockchain technology is in the field of media – the overarching term capturing a slew of creative professions whose traditional business models have been upended by lightning-fast digital file replication. Across various fields, the problems are clear: writers, photographers and musicians lack the ability to prove and protect ownership of their works and ideas, a prospect that renders monetization in a digital environment difficult. In the face of this challenge, blockchain tech, with its ability to provide provenance, identity and....
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Blockchain technology can be used for many things, including creating a universal media library. The Mediachain team is doing exactly that, offering “open content identification technology.” What is Mediachain? Mediachain is a protocol that lets anyone register, identify, and track creative works online. Content creators can collaborate with developers....
New York based startup Mediachain Labs has announced the launch of Mediachain Attribution Engine, a blockchain-agnostic application built using Mediachain, an open media library built on top of the InterPlanetary File System (IPFS) with support for multiple blockchains, including Bitcoin and Ethereum. The Mediachain Attribution Engine application will help users find high quality and properly attributed images that can be used for any visual imaging needs — on websites, in blog posts and presentations, and more — while allowing publishers and creators to secure the rights of their digital....
So far, there are over two million images and metadata records in the Mediachain content library. Mediachain is a new company looking to revolutionize the way we think about registering and tracking creative works. By using blockchain technology, the Brooklyn-based company wants to create a new type of universal media library. In this day and age, keeping content original and free from copycats is proving to be quite the challenge. While some people may argue imitation is the best form of flattery, that is far from the case for content creators. In fact, there is nothing worse than....
Mine Labs, a New York-based blockchain startup has announced the development of Mediachain, a Bitcoin blockchain-based decentralized metadata protocol which relies on the InterPlanetary File System (IPFS) to protect and ensure the rights to creative digital works. Since early 2015, emerging blockchain startups have begun to focus on the development of blockchain-based identity and authentication systems to assist artists, freelancers and digital content providers to protect their work from being plagiarised. To encrypt and store digital rights on the Bitcoin blockchain, most of these....
A research study published by Boston's Berklee College of Music outlines how a blockchain-based royalty payment system could improve working conditions for musicians. Published by Rethink Music, an initiative under the auspices of Berklee's Institute of Creative Entrepreneurship, the report outlines the current state of payments and revenue in the US recording industry and proposes a series of recommendations to improve transparency, reduce friction and provide a greater degree of fairness to working artists. Among other recommendations, the report calls for the creation of a distributed....