The decentralization of applications and services is one of the driving concepts of the markets and commercial environments that will be established with the emergence of blockchain technology. But there is a second crucial shift that has been caused by blockchain technology: by presenting an entirely new way of dealing with algorithmic validation of peer-to-peer transactions, Bitcoin introduced the concepts of scarcity and value to the digital world!
The advantages of blockchain as an immutable ledger and their decentralized nature which makes them accessible from anywhere by anyone with the right set of credentials is ideal for creating a global art registry, with high security, scalability and of course with some extra work, great usability.
One of the world’s biggest streaming holdouts has finally embraced the format’s takeover of the music business. Taylor Swift, who has held back previous albums from music-streaming services during their initial release—offering them only for physical and digital sale for at least their first few weeks—began offering her seventh studio album, “Lover,” directly on Spotify and other streaming services Friday.
A consortium of more than 700 German research institutions and libraries today announced an agreement with publisher Springer Nature to make it simpler for authors to publish their papers open access. The agreement is the largest national open-access deal to date, but it doesn’t allow authors to publish open access in Nature or its sister journals.
Netflix is investing in technology to automate movie and television trailers, an executive said on a July earnings call. Gregory Peters, chief product officer at Netflix, said the Los Gatos, California, company is investing in technology that can index characters and scenes in a movie “so that our trailer creators can really focus their time and energy on the creative process.”
A move by publishers to limit libraries from access to e-books, e-audiobooks and other digital materials has some local library officials warning customers that those services are at risk. Executive Director of the Dayton Metro Library Tim Kambitsch said the e-book and e-audiobook issue has been brewing for a while, but has accelerated substantially in the past few months with Macmillan announcing its plans to institute a two-month embargo.
There are dark hints that the hand of Amazon is at work in the current tensions over library e-book lending, including reports that Amazon reps have been showing publishers data to portray library e-book lending in a negative light. That’s not surprising. It’s widely known that Amazon’s greatest and most valuable asset is the abundance of data it collects.
On Wednesday (August 21) Pandora announced an expansion of its Independent Artist Submissions tool, offering new avenues for creators to grow their audience and engage with existing fans while also allowing for more submissions and reduced wait times.
Though the idea had previously been floated on Swift’s behalf by no less than Kelly Clarkson, Swift publicly raised the possibility herself for the first time in a pretaped interview with “CBS Sunday Morning” set to air this weekend. The singer and songwriter could gain control by creating new master recordings of material that has been sold. It’s a drastic but not unheard-of move.
YouTube is going after an alleged copyright troll using the Digital Millennium Copyright Act’s (DMCA) provisions, alleging that Christopher Brady used false copyright strikes to extort YouTube creators, harming the company in the process. Now, YouTube is suing Brady, using the DMCA’s provisions against fraudulent takedown claims, seeking compensatory damages and an injunction against future fraudulent claims.