China's Ant Group releases digital copyright platform on AntChain
The platform is just the latest product in the fintech's long-evolving blockchain solutions. Chinese fintech Ant Group — which is now poised to launch what could be the world's largest initial public offering — has announced a new platform via its blockchain business. Ant Group spun out from e-commerce giant Alibaba and is the parent company of China's largest digital payments service Alipay. Ant Group's blockchain business, AntChain, has today rolled out a new digital copyright services platform. It combines blockchain technology with AI to enable creators to securely authenticate and....
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Fox uses an existing Youtube video in an episode of Family Guy, then complains about copyright infringement and takes down the video. This is just one of the many cases where large media organizations have unfairly used the provisions of the Digital Millennium Copyright Act (DMCA). Could blockchain provide a foolproof and fair way of dealing with copyright infringement disputes? Copyright laws protect online service providers. The Digital Millennium Copyright Act (DMCA) is a US law enacted in 1998, which helps media companies fight copyright infringement. The law provides stringent....
Alibaba has launched a new marketplace allowing trademark holders to sell NFT representing licenses to their copyright. Chinese multinational e-commerce firm, Alibaba Group Holding, has launched a new nonfungible tokens (NFTs) marketplace allowing trademark holders to sell tokenized licenses to their intellectual property.The new NFT marketplace, dubbed “Blockchain Digital Copyright and Asset-Trade,” can be accessed via Alibaba's Auction platform. NFTs launched via the platform will be issued on the “New Copyright Blockchain” — a distributed ledger technology platform centrally operated by....
As Jack Ma's Ant Group gets Hong Kong approval for its $30 billion IPO, it's rolled out a blockchain platform aimed to protect users' copyright.