Blockai Uses Bitcoin Blockchain to Protect Intellectual Property
Blockai now allows online content creators to claim cryptographic proof of their works to be recorded on the Bitcoin blockchain so that it gives basic copyright protection which can help owners remove copyright violations. Registering a copyright with Blockai will remain free forever. CEO Nathan Lands says to TechCrunch: “The blockchain is the perfect solution for providing proof of creation. It’s a permanent immutable record. Meaning, once the record is there, it’s there forever and will never change.” Copyright protection as profitable business. According to Blockai, copyright protection....
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A blockchain technology company based in Berlin called Ascribe is using the bitcoin-related ledger to help protect artists' intellectual property. The company can enable artists to retain credit to their work even when sharing their work online and can also transfer or sell their rights without having to go through a third party. These are just one of the many blockchain technology applications being harnessed currently, as some have used the ledger to create a secure land registry database or to protect digital files. Blockchain is considered immutable, as the ledger is publicly stored....
"It was awkward and it was a viral loop. People tipped $150,000 in 10 days, and then a lot of people who got bitcoin... it sat there and they didn't do anything with it, ever." Blockai CEO Nathan Lands is referring to the spike in interest in first bitcoin project, QuickCoin, a Facebook-integrated wallet that sought to entice new users. That project has now evolved into Blockai (pronounced 'block-i'), which takes a similar approach to spreading bitcoin, although it places more emphasis on the capabilities of its blockchain rather than its use as a digital currency. While resembling a....
Blockai, a San Francisco, Calif.-based technology company, has developed a copyright service that uses the bitcoin blockchain to allow artists to protect their creative work in the digital age. While the Internet has unleashed a wealth of opportunities for creative work, protecting content has posed a big challenge, especially for independent producers of digital art, literature and even computer software. Tapping Artificial Intelligence. “We are developing artificial intelligence to create unique fingerprints for all copyrighted works to protect copyrights and make sure artists get paid,”....
Blockai has announced it has raised $547,000 in seed funding to relaunch as a blockchain copyright service. Originally envisioned as a ‘Netscape for Bitcoin’ in 2015, Blockai (pronounced 'block-i') attempted to turn the blockchain into a kind of social media stream that would allow users to send messages and authenticate items. Now, Blockai is bidding for a new life as a tool that allows artists to authenticate and claim copyright over images. According to AngelList, Social Starts, Sterling VC and Vectr Ventures contributed funding alongside roughly 15 angel investors including Betfair....
While the world has evolved from storing and transferring information from paper to cloud storage, data is still not entirely protected. The existing cloud storage system used for sharing information while encrypted is centralized, and centralized systems have the inherent disadvantage of being vulnerable to hacks and attacks. However, decentralized solutions such as blockchain technology have become an excellent alternative because of their immutability. Sharing intellectual property through the blockchain network can create a more secure and reliable system because of its several....