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November 28, 2017, 07:33:17 AM |
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DMCA helps media companies fight copyright infringement.These include blocking access/removing material which infringes copyrights when they receive notification. As a result, service providers are prompt in taking action when they receive complaints under the DMCA The immutable nature of blockchain provides an excellent way to validate proof of existence.The blockchain doesn't differentiate between big media companies and individuals; anybody can record the hash of a file on the blockchain.As i know,the biggest advantage of using the blockchain to record proof of existence is that it can be done almost immediately and at a very low cost. Arbitrators in disputes over copyright can use the blockchain to recognize ownership of intellectual property.
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