The content creation industry is suffering from privacy. Whether it is movies, tv shows, music or even books, people will find a way to pirate it quite easily. Blockchain technology could play an important role in the fight against privacy, assuming it is implemented correctly. Ascribe is one of the first companies trying to use the Bitcoin blockchain for artist ownership.
One of the Best Blockchain Use Cases So Far
Whenever you talk to digital currency enthusiasts about the Bitcoin blockchain, the conversation will automatically switch to using the technology as a way to transfer digital value. But what most people tend to forget is that the blockchain can be used to claim, share and transfer digital ownership of just about anything, not just BTC.
Berlin-based Bitcoin startup Ascribe is trying to do something different with the Bitcoin blockchain, by using this technology to let artists claim digital ownership of their created content. In doing so, artists will no longer have to rely on third parties for copyright claims, which is a perfect example of what Satoshi Nakamoto envisioned when Bitcoin was created.
Once an artist registers his or her work through the