Japanese conglomerate Sony has developed blockchain-based software for controlling and dealing with intellectual property rights in a bid to resolve authentication problems in this field. The new system currently focuses on written works, but its broader applications target all related sectors, including films, music, and e-books, the company said on Monday.
The distributed ledger technology (DLT) solution upgrades Sony’s previous educational software for authentication and control of copyright issues. The new system utilizes blockchain because of its capabilities to bring transparency. DLT, the technology behind cryptocurrencies like Bitcoin (BTC), can track all data and makes it impossible to ch...
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