Can blockchain bring a cure to the piracy problem?

The openness and transparency of blockchain will raise the risk and cost of piracy.

Hundreds of years have passed since the first copyright laws were created in the early 18th century, but what has progressed along with the times is not only copyright law, but also piracy, which has been repeatedly banned.

The damage that piracy does to content creators has been repeatedly mentioned, but it is strange that piracy, a “political mistake” that everyone knows about, has become part of our daily lives.

01
Why does piracy proliferate?

Can blockchain bring a cure to the piracy problem?

There are two essential problems with piracy.

First, the problem of content copyright – it is easy to infringe and difficult to defend rights. The cost of piracy is low, and even if one is informed of copyright infringement, at best one can remove it and cannot recover the revenue already gained by the pirate.

Even if the awareness of copyright is strong enough and even if the crackdown is strong enough, many people will still use pirated copies with “self-blame and helplessness” because the genuine ones are much more expensive than the pirated ones.

These two problems are now possible to be cured by the arrival of the blockchain wave.

02
Blockchain: Countdown to the death of piracy

Can blockchain bring a cure to the piracy problem?

The tamper-evident nature of blockchain can’t complete the confirmation of rights, because the uploaded contents are not necessarily uploaded by the authors themselves.

However, because of the openness and transparency of blockchain, every piracy infringement will become a “cover-up”, and the risk and cost of piracy will become higher, so that pirates will not dare to pirate. Moreover, even if piracy is successful, the revenue gained will be clear on the blockchain, and once discovered, the confirmation of copyright can be solved in disguise by eating as much as possible.

Even if the risk is high, as long as there is buying and selling, the piracy market will exist, and there are many desperate people who take risks for the sake of benefits. The most critical reason why piracy cannot be killed and sealed is the high price of content consumption, which discourages consumers.

One of the values of intermediaries is to fight piracy, but it is also the intermediaries that make content products more expensive. 1/3 of Universal Music Publishing Group’s staff is dedicated to royalty and rights management in the global market. These cost expenditures to combat piracy must eventually be reflected in the first and last ends of the supply chain, with content creators forced to reduce their income and content consumers enduring the pain of spending more money.

Blockchain smart contract technology can build an automatic content distribution platform, which is automatically executed by the program, not only realizing “no middlemen to earn the price difference”, but also allowing “you are in charge of your content”. A writer can directly set the price of his work, readers can directly purchase it, and the system can automatically distribute it, realizing point-to-point direct sales between creators and consumers, so that “creators earn more and consumers spend less”.

A better solution to eliminate piracy is not to crack down on piracy more vigorously, but to make every consumer feel that “piracy is not worth it”. If you can enjoy the genuine version for a small amount of money, do you want to take the huge risk of using a pirated version?

03
Everyone is responsible for fighting piracy

Can blockchain bring a cure to the piracy problem?

Before the emergence of blockchain, each piece of content was not strongly correlated with the consumer, and after the sale was over, the content was distributed/promoted/reported based on preference, and although consumers were encouraged to help the creators defend their rights, it was not an obligation. In fact, consumers’ secondary distribution, promotion, and copyright maintenance, among other behaviors, contribute value but not any revenue.

Because the value of these actions is difficult to measure, consumers do not receive the value they deserve in return. These behaviors, which are difficult to measure, can be carried by the Token of infinite subdivision, and through the automatic execution of smart contracts, realize “one point of effective cultivation, one point of accurate harvest”.

As a result, everyone who contributes to original content can receive revenue for their contribution, and Tokens bind everyone to the genuine version, and everyone becomes a shareholder with coins. Piracy is no longer something that doesn’t matter to every consumer, but something that will infringe on their income. In this way, piracy really becomes a “street rat that everyone shouts at”.

04
Conclusion

Blockchain’s immutability facilitates copyright confirmation, blockchain’s openness and transparency increase the cost of piracy, smart contracts reduce intermediate costs, and Tokens bind content and consumers, making the fight against piracy everyone’s responsibility.

Blockchain cannot directly solve piracy, but it is expected to gradually withdraw piracy from the market through technical means and incentive mechanisms.

Do you think blockchain can “eradicate” piracy? Why? Feel free to leave your comments in the comments section.

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/can-blockchain-bring-a-cure-to-the-piracy-problem/
Coinyuppie is an open information publishing platform, all information provided is not related to the views and positions of coinyuppie, and does not constitute any investment and financial advice. Users are expected to carefully screen and prevent risks.

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