Fun

News Feed - 2023-11-03 03:11:00

Tristan Greene5 hours agoLaw professor says blockchain tech could ‘revolutionize’ copyright officesAccording to the research, blockchain provides several game-changing benefits for intellectual property licensing and management.763 Total views16 Total sharesListen to article 0:00NewsJoin us on social networksA professor from the Texas A&M University School of Law recently published research exploring blockchain technology use cases in the world of copyright administration. According to their findings, blockchain has the potential to radically alter the way intellectual property is handled both “domestically and internationally.” 


Peter Yu, the regents professor of law and communication and director of the Texas A&M University School of Law’s Center for Law and Intellectual Property — and the paper’s sole author — asserts that blockchain’s immutability makes it a prime candidate for integration with the intellectual property system.


Per the paper:“On a blockchain, once a transaction has been recorded, it is virtually impossible to alter that record. Should the transaction be wrongly recorded, a new transaction will have to be hashed into the blockchain to provide correction. The immutability feature has therefore made blockchain technology very attractive for registering copyright, storing ownership and licensing records, or completing other similar tasks.”


Yu continues to explain that, particular to the copyright system, the blockchain ledger can provide a method by which people can determine the status of a particular record, such as whether the copyright has fallen into public domain or become orphaned.


Other benefits, according to the research, include traceability, transparency and disintermediation.


Related:Bitcoin white paper turns 15 as Satoshi Nakamoto’s legacy lives on


Traceability is defined in the paper as the ability to trace the entire lifecycle of a registration on the copyright ledger from its inception. Making that information available to the public via a blockchain explorer or similar method would provide an additional layer of transparency not available through traditional server-based records systems.


The final benefit discussed in Yu’s paper, disintermediation, involves blockchain’s ability to operate independently of a governing body.


Per the paper, “without dependence on a trusted intermediary – such as a government, a bank, or a clearinghouse – the technology supports global cooperation even in the absence of the participation or support of governments or intergovernmental bodies.”


Yu speculates that these benefits could lead to an artist/business-led copyright system where intellectual property is potentially registered and mediated independently of the state.# Blockchain# Copyrights# DeFiAdd reactionAdd reactionRead moreWSJ debacle fueled US lawmakers’ ill-informed crusade against crypto3 things we might see from crypto as 2023 winds to an endZkDay conference and Pitch competition comes to Istanbul on Nov. 13

News Feed

ADALend: Announcing Imminent Cross-Platform Development
ADALend: Announcing Imminent Cross-Platform Development sponsored ADALend, currently in the process of developing a decentralized financing (DeFi) project has just announced its pla
SEC custody rule made crypto regulation a ‘political football’ — Rep. Nickel
Brayden Lindrea7 hours agoSEC custody rule made crypto regulation a ‘political football’ — Rep. NickelThe SEC’s proposed crypto custody rule and its “hostility” to the industry isn’t in Joe Biden’s “bes
This Analyst Predicted The Bitcoin Price Crash From $91,000, Why It’s Far From Over
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994
US Central Bank Hikes Benchmark Rate by 75 bps, Fed"s Largest Increase Since 1994 The U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) on Wednesday, and
Ethereum Price Climbs To $4,000 Amid Historic ETF Inflows: Will It Break Previous Records?
Este artículo también está disponible en español. In a significant market development, Ethereum (ETH) has surpassed the $4,000 mark for the first time in over ten months,
Solana Faces Key Test – What Happens Next Could Be Game-Changing
Este artículo también está disponible en español. Crypto analyst Ali Martinez has highlighted a crucial moment for the price action of Solana, pointing to a key support l
Is Bitcoin Ending 2024 On A High Note? Analysts Say This Level Is Key
Este artículo también está disponible en español. As Bitcoin (BTC) continues to move sideways, investors wonder whether the flagship crypto will end the year positively o
Kyle White3 hours agoBitcoin supply held by long-term holders hits all-time high — ResearchBitcoin’s recent rally to a 2023 high is backed by on-chain and sentiment data.1879 Total views4 Total sharesListen to articl
Binance’s US settlement was a ‘turning page,’ says exec
Jesse Coghlan3 hours agoBinance’s US settlement was a ‘turning page,’ says execBinance institutional and VIP head Catherine Chen says it has “fully” embraced the challenges that came after the exchange’s $4.3
Bitcoin Faces Major Deleveraging – Analyst Explains Price Crash Below $100K
Este artículo también está disponible en español. Bitcoin experienced significant selling pressure after successfully breaking above the $100K mark, a psychological miles
Shiba Inu Price Watch: 60% Rally Catches Whale Attention – Is More Growth Ahead?
Este artículo también está disponible en español. Shiba Inu (SHIB) has had a significant surge this week, with its price increasing by over 60% in the last seven days. Th
DeFi Technologies launches Core chain validator, stakes 1,498 Bitcoin
Derek Andersen5 hours agoDeFi Technologies launches Core chain validator, stakes 1,498 BitcoinIn May, the partners launched the first yield-bearing BTC ETP in Scandinavia.965 Total views2 Total sharesListen to article 0: