Custos Media Technologies, a South African bitcoin blockchain-based startup that has grown a means to brand and lane bootleg file-sharing and pirates by a bitcoin blockchain, has perceived a new money injection of over $400,000.
South African startup Custos Media Technologies, a association that uses a bitcoin blockchain to fight media robbery has reached an agreement with a Technology Innovation Agency (TIA) that will see appropriation of 5.9 million Rand (approx. $400,000) gained by a startup over a subsequent dual years.
A Bitcoin Reward for Downloaders?
The technology, seen as a singular approach to fight media piracy, works by embedding a bitcoin annuity within a square of a media. The watermark can afterwards be tracked on a blockchain with a thought of noticing and identifying infringements when a media leaves a strange target or customer of a media.
The watermark is an identifying formula singular to any user purchasing a media. This formula can be used to entrance a “finder’s fee”, a deposition in a form of cryptocurrency. If and when a calm is common or leaked, a third-party gains possession of