Cake
  • Log In
  • Sign Up
    • After reading several articles on how blockchain is going to revolutionize stock photography and eliminate copyright infringement, I found some authors were confused while others found the technology impracticable for how the industry actually works.

      So I asked Copytrack CEO Marcus Schmitt and his team to provide me with some clarification on their two offerings: Global Copyright Enforcement, which helps photographers settle online image theft cases, and Global Copyright Register, which uses CPY as the native token on their blockchain platform.

      When it becomes easier to cut out the middle man by using smart contracts, photographers will change to that system. When creators can receive 80 percent—or more—of the licensing fee, get their money instantly without waiting for royalty statements or checks to clear and gain full control over pricing, how motivated do you think they will be? Haven’t photographers been trying to bring this about for decades?

      Continue reading the article on Photo Ten Five...

    • Hmmm, wow. I read through that carefully and I'm having trouble translating the words to the execution of the ideas. I think we all like the simple idea that terms & permissions follow the image around so we can police their use but I still wasn't getting how it actually works. Maybe it's me?

      In a similar vein, someone told me that blockchain is the future of social media and the way to police trolling, which of course got my attention. They sent me a book and I got through about half of it before concluding that moderation doesn't work that way. For example, if a forum banned you, that info would follow you around in your blockchain so we at Cake would know that you are a bad actor. But are you in another time and place? What about your right to be forgotten?

    • Now you're scaring me, Chris. I'm quickly imaging all sorts of not-so-nice applications for the technology.

    You've been invited!