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HitBTC
COPYTRACK is a fair online platform for publishers, photographers, image agencies, and e-commerce vendors. We stand for just and fair management of intellectual property on the internet.
COPYTRACK currently offers 4 key services. These services are free for anyone to use. We strive for equitable solutions between rightsholders and offenders. First, we must understand, in part, the nature of copyrights and how violations can occur. As we all know, pictures are copied and distributed illegally countless times each day. These pictures are stolen from their creators countless times, who are put at a great financial disadvantage due to the current copyright enforcement system.
At the core of COPYTRACK is the creation of a global decentralized copyright register for digital content, which authenticates users and links digital intellectual property. This registry will generate a ecosystem for rights-holders, thereby providing new e-client marketplaces.
The UTXO model consists of a forest structure that tracks the history of a unit. Roots are coin-creation events, such as rewards obtained from PoW or PoS, and have no input transactions. By definition, all leaves are unspent transaction outputs. When a leaf branches or sprouts a new limb, the leaf becomes an inner node of the graph. During this process, the unspent transaction output is consumed and used as the input of a new unspent transaction output. Using this model, one can transparently trace back the history of each transaction through the public ledger. The UTXO model inherently allows for parallel processing capabilities to initialize transactions among multiple addresses, indicating its scalability.
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Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Summary
Overall, Copytrack is an innovative ICO that has received a lot of hype within the crypto community. Because of this, we can only expect that it will complete its promise in protecting rights-holders content.
Positives
Rights-Holder Incentive: Copytrack allows for rights-holders to receive payment for people who use their images without their permission. This also saves them the time and money by reducing the chances of them suing others for copyright infringement.
Protect Your Content: Copytrack has a post-licensing feature that prevents the violator from using your content. It allows them to pay for the usage of the image and protects the integrity of your work.
User Reputation: If you are caught violating a digital image, Copytrack will give you a post-licensing notice to help pay for the content and protect your reputation.
Negatives
Lawsuits: How will Copytrack’s lawyers fully engage in copyright infringement lawsuits?
Competition: Copytrack might be in direct competition with traditional copyrighting platforms.
CopyTrack is one of several companies seeking to bring copyright management to the blockchain. Unlike other companies, however, Copytrack has an existing business in place: the company was founded in 2015 and provides copyright services worldwide. Now, they’re seeking to expand their copyright management system to the blockchain, creating a single platform that manages blockchain worldwide.
