Is Blockchain the Future of Copyrights?

Picnab
3 min readSep 27, 2021

The blockchain industry is becoming a world that belongs to everyone and anyone interested in the ongoing digital revolution. Before this time, it was a relatively unknown concept set aside for a few enlightened, but these days, it has become a commercial hub that offers both fun and earning opportunities.

Most developed countries have adopted this technology and are implementing laws to support their existence in their region, while lesser developed countries are coming to terms with the revolution. Almost all aspects of human living have been touched by the crypto revolution; sports, health, finance, gaming, tourism, real estate, and arts. The art world, for example, has benefited hugely from the blockchain world such that both productions, display, auction, and commission can be done in the ecosystem.

The Big Question

While blockchain is mainly decentralized, questions have been raised concerning how blockchain can solve some real-world problems such as piracy and other forms of intellectual theft. For example, millions of pictures and arts are uploaded daily, and a huge chunk of these are stolen or uploaded without copyrights, posing a grave danger and problem to creativity. In addition, most artists have listed piracy as the main problem facing their craft, and the question has been how blockchain can remedy this defect.

The Big Problem

Most photographers or artists love to use social media to display their unique content and flaunt their creativity, and while this is applaudable as it hopes to help market and advertise their work, sharing pictures on social media can be a bad idea for a photographer hoping to retain their unique identity and get credit for their work.

Why sharing on social media is a bad idea is because a fine piece of work would quickly find itself across multiple platforms and statuses, especially in the era of TikTok, Twitter, Facebook, and Instagram. In a matter of hours, an original image might be shared a million times by people who have no idea who the creator is and would neither give credit to the source. Sometimes, artists try to stamp their authority on their work by adding a watermark or copyright on the picture, but this can easily be swept aside by manipulators who can go on to claim the work for themselves.

This way, photographers and artists, in general, lose credibility and cannot pose their original work as there are now multiple versions of the original piece. Sometimes giant companies use these variations, robbing these photographers of their chance to earn from their intellectual property.

Picnab, the Way Out

Picnab, a blockchain-based firm, has provided a way out of these problems and has shown that blockchain is the future of copyrights. Artists no longer have to bother about retaining the purity of their works and cashing in from it; instead, the Picnab platform has provided a reliable remedy.

Picnab is the world’s first blockchain-powered NFT marketplace whose goal is to use NFTs to secure the ownership of digital photos. Unlike regular pictures shared on social media, NFTs cannot be altered, which means the ownership of a work is never in doubt. Furthermore, when photographers post their works on the marketplace, they can interact with possible buyers and still retain their status as the source of the work even after selling.

Being a stock image platform, pictures can be downloaded for free without putting the creator at risk of losing his credits. Picnab provided a win-win solution as photographers are rewarded for every download and can still enjoy their monetary benefits. Click here to read more about Picnab.

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