• Latest
Digital Rights Management (DRM) on the Blockchain

Digital Rights Management (DRM) on the Blockchain

Juni 4, 2021
6 Questions for Rene Reinsberg of Celo – Cointelegraph Magazine

6 Questions for Rene Reinsberg of Celo – Cointelegraph Magazine

März 31, 2023
Judge denies SEC motion to keep Hinman docs secret in Ripple case

Judge denies SEC motion to keep Hinman docs secret in Ripple case

März 31, 2023
The ultimate guide to Miami – Cointelegraph Magazine

The ultimate guide to Miami – Cointelegraph Magazine

März 31, 2023
Dr. Jane Thomason – Cointelegraph Magazine

Dr. Jane Thomason – Cointelegraph Magazine

März 31, 2023
1658007797 celsius is bankrupt with 12b balance sheet hole su zhu.jpg

Celsius is bankrupt with $1.2B balance sheet hole, Su Zhu returns to Twitter and OpenSea purges 20% of employees: Hodler’s Digest, July 10-16

März 31, 2023
6 Questions for Lisa Fridman of Quadrata – Cointelegraph Magazine

6 Questions for Lisa Fridman of Quadrata – Cointelegraph Magazine

März 31, 2023
Jed McCaleb empties XRP wallet after eight-year selloff

Jed McCaleb empties XRP wallet after eight-year selloff

März 31, 2023
Celsius has finally filed for bankruptcy: Law Decoded, July 18-25

Celsius has finally filed for bankruptcy: Law Decoded, July 18-25

März 31, 2023
The ‘godfather of crypto’ risked lifetime in jail, laying foundation for Bitcoin – Cointelegraph Magazine

The ‘godfather of crypto’ risked lifetime in jail, laying foundation for Bitcoin – Cointelegraph Magazine

März 31, 2023
SEC objects to XRP holders aiding Ripple defense

SEC objects to XRP holders aiding Ripple defense

März 31, 2023
Blockchain technology is transforming the real estate market – Cointelegraph Magazine

Blockchain technology is transforming the real estate market – Cointelegraph Magazine

März 31, 2023
1658612147 nfts banned in minecraft sec lists 9 tokens as securities.jpg

NFTs banned in Minecraft, SEC lists 9 tokens as securities and 3AC founder blames cockyness for company meltdown: Hodler’s Digest, July 17-23

März 31, 2023
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Business

Digital Rights Management (DRM) on the Blockchain

coinnewsdaily by coinnewsdaily
Juni 4, 2021
in Business
0
Digital Rights Management (DRM) on the Blockchain
195
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

As blockchain and Web3 technology gain recognition, digital rights management (DRM) will become more applicable to content creators. Blockchain united with Web3 allows content creators, and their fans, to have more control over how content is used, modified and distributed.

Content creators are always in danger of having their content monetized by others, using their content used by other creators without their permission, being demonetized for using content that violates the policy of hosting platforms, and getting kicked off content platforms for creating content the server platform deems to be incorrect at the moment.

Related articles

IoTeX’s MachineFi Lab challenges Big Tech by democratizing IoT to benefit users and businesses

IoTeX’s MachineFi Lab challenges Big Tech by democratizing IoT to benefit users and businesses

Juli 26, 2022
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

Mai 6, 2022

IP Protection

Blockchain technology allows content creators the ability to have artistic control over how their material is viewed, dispersed, and monetized. They no longer need to fret about  the unauthorized distribution of their information on the net and via file-sharing tools such as LimeWire or BitTorrent.

Web1 Vs. Web2 Vs. Web3

Web1 technology created the information economy on the internet, and enabled net users to read documents created on the computers of other users. During the maturation of Web1 we found that the growth of Yahoo and Internet Explorer with static front ends.

Then came the evolution of Web2 which enabled users to write and read on the internet from their home computers and individual devices. It allowed developers to produce beautiful and helpful front end applications. Web2 radically improved user experiences online by turning the information economy created by the Web1 revolution to some stage economy. Notable platform economy companies based on Web2 technologies comprise Facebook, Youtube, and WordPress.

Right now most of the world wide web is no longer predicated on Web1 technologies. Users expect to see great looking sites they can interact with that are created using Web2 technologies, rather than static web pages. However, in the long run users may expect to have Web3 functionalities over the sites and software they use.

The Token Economy

Web3 technology allows users to read, right, and perform code. It adds completely new functionality to the internet and is developing a new form of the internet economy called the token economy.

Web1 permitted information to be shared and read. Web2 enabled users to read and write files via sites (building on the functionality of Web2). Web3 allows users to read, write, and implement decentralized software applications made using blockchain technology via using tokens.

Near the end of the Web2 era, many net users began to be worried about how centralized the net had become. Web platforms such as Facebook, Google, Youtube, Twitter, and Wikipedia centralized and sold information created by its customers to their gains through the sale of personal information collected from countless millions of users using their platforms on a daily basis.

The token economy gives power back into the hands of the typical online user.

The token economy allows users to have the parts of both the network itself and the platforms built on top of the network, while also having more of a say concerning how these networks and platforms use their information. Web3 is in the process of creating an internet environment that’s focused on enabling its users rather than a Web2 business model focused on gathering users and promoting their own information.

Digital Rights Management OR Digital Rights Ownership?

The tokenization of internet platforms via blockchain combined with Web3 technologies is turning suspicious DRM policies driven by consumers and content creators by big tech firms such as Facebook and Youtube, right into questions of digital rights ownership that are determined by content creators and their viewers rather than giant corporations.

Tokenizing the user experience online through blockchain integration solves pressing problems surrounding Web2 platforms associated with censorship, monetization, digital piracy, and individual data collection.

Xfinite Puts Content Creators FIRST!

When content creators may set the policies surrounding how their content is used on Web3 platforms, for example Xfinite, it creates positive financial incentives for both content creators and their fans. The following Facebook or Google will probably be a Web3 platform built on top of blockchain technology offering a platform that gives users and creators more control over their content and user experience.

Xfinite is placing DRM at the top of the priority list, making it possible to see expansion in the coming years since they are prioritizing handling the content creators, and their fans, with respect whilst offering them new opportunities for the creation and consumption of digital media online.

Disclaimer: This is a sponsored press release, also will be for informational purposes only. It does not reflect the viewpoints of CryptoNewsDaily, nor is it intended to be utilized as legal, tax, investment, or financial information.

Tags: Blockchainblockchain technologiesblockchain technologyCrypto Businessdecentralized softwaredigital mediaLimeWireonline platformsTechnologyweb platformsWeb2 technologies
Share78Tweet49
Previous Post

Margex: The Future Of Cryptocurrency Derivatives Trading With Up To 100X Leverage!

Next Post

Digital bank Anchorage Delivers Ethereum-backed loans to Associations

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

IoTeX’s MachineFi Lab challenges Big Tech by democratizing IoT to benefit users and businesses
Business

IoTeX’s MachineFi Lab challenges Big Tech by democratizing IoT to benefit users and businesses

Juli 26, 2022
ygg sea surpasses 10,000 scholarships in just six months of launch
Alt Coin

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

Mai 6, 2022
5 projects enabling smart contract development on bitcoin
Alt Coin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications
Alt Coin

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin
Alt Coin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
what are wrapped tokens?
Bitcoin

What Are Wrapped Tokens?

April 23, 2022
Load More
Next Post
Digital bank Anchorage Delivers Ethereum-backed loans to Associations

Digital bank Anchorage Delivers Ethereum-backed loans to Associations

Kategorien

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • 6 Questions for Rene Reinsberg of Celo – Cointelegraph Magazine
  • Judge denies SEC motion to keep Hinman docs secret in Ripple case
  • The ultimate guide to Miami – Cointelegraph Magazine
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

Please enter CoinMarketCap Free Api Key to get this plugin works.
✕
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev