Blockchain technology is being implemented across various industries to protect personal data and achieve greater productivity and time savings while ensuring security and trust.
At MIIM, we explain how Blockchain technology interacts with intellectual property and safeguards online content.
What is Blockchain?
It’s a distributed ledger technology that builds a database of complete trust and security where the record is immutable, meaning that once information is recorded, it cannot be altered by third parties. This makes it a useful tool for protecting online content and intellectual property.
What is meant by online intellectual property?
Online intellectual property refers to any creation or invention in digital format (e-books, music, software, etc.). With the growth of the internet, violations of copyright have also increased due to a lack of effective means to protect the vast amount of content generated online daily.
How does Blockchain protect online content?
What the blockchain does is protect online intellectual property by allowing rights holders and content creators to register their works on an immutable and secure platform. This ensures that the works remain protected, and any attempt at modification or deletion is detected and rejected by the Blockchain.
Furthermore, it’s worth noting that Blockchain technology enables the creation of smart contracts, which are used for managing copyright and royalty distribution.
Moreover, this technology is used to track online intellectual property and prevent copyright infringement. For example, with a Blockchain database, online content can be traced, and rights holders can verify their identity. This is particularly relevant in music or software, where verifying the authenticity of a work is crucial to prove that it’s original and not a plagiarism of another work.
Despite the benefits of Blockchain technology, it’s important to remember that it is just part of the solution for protecting online content. Additional measures should be implemented to prevent copyright infringements and identity theft.
In conclusion, Blockchain is a tool that, when used in conjunction with legal and technological measures, effectively creates robust protection.
At MIIM, we protect your business ideas using Blockchain technology. Do you have an idea in mind? It’s time to safeguard it from plagiarism.
