Nowadays, there have been discussions around uses and proposed uses of Blockchain Technology across several business segments like supply chain management, decentralized payment systems, land title registration, health records management, retail sector, and others. Protection from copyright infringement through Blockchain Technology has entered the discussions, lately.
( Read articles about application Blockchain Technology in above mentioned sectors in our “BLOCKCHAIN” section)
Technology buffs are anticipating that a public decentralized ledger, Blockchain, can help protect copyright infringement.
Although a number of platforms exists to help protect intellectual ownership rights to works of art, cases of theft and piracy are regularly reported. These incidents raise questions on the ability of these platforms to protect against plagiarism or piracy. The other question is whether these platforms would serve as an evidence in court.
Legislations vary from country to country, and do not always pay much attention to copyright protection. Also, they do not always acknowledge Blockchain-registered copyright as evidence.
Copyright registrations could be one of the best potential Blockchain applications, but the journey will still go longer. Lack of awareness and trust could be the factor. People treat innovations with caution and express suspicion on things that they find difficult to understand. This psychological behavior to protect against possible dangers often prohibit people from making good use of an advancing technology.
Besides lack of understanding and awareness, there are some actual problems that need immediate solutions. Things are simplified for digital content, but protecting physical objects is a completely different scenario.
Despite these issues, Blockchain companies are aiming to disrupt the art and entertainment industries in three possible ways:
Firstly, proof of right ownership;
Secondly, disintermediation of services;
And Thirdly, fighting of illegitimate reproductions.
Binded (formerly Blockai) is a leading platform for registering copyright using Blockchain Technolog. There are many players in music, TV and films, which are yet to prove their worth. Notable name in music are Resonate, Opus, Paperchain, etc.; in films and TV, SingularDTV, a decentralized alternative to Netflix. Creative Chain and Decent are other platforms covering a variety of digital content.
Also Read: Blockhain Technology and Artificial Intelligence Together in Healthcare Sector
Undoubtedly, Blockchain would provide a decentralized ledger to store claims to authorship without any fear of interference with the original work.
Blockchain based platforms are great for tracking piracy and plagiarism on the web for the authors of electronic content like photography, music, e-books, etc. However, blockchain’s potential for copyright infringement in real-life courts is still in the dark.
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