• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Microsoft Employs Blockchain To Create World’s ‘First Public Anti Piracy System’

August 18, 2021
in Australian Crypto News
Reading Time: 3min read
0 0
A A
0
Microsoft Employs Blockchain To Create World’s ‘First Public Anti Piracy System’
0
SHARES
10
VIEWS
ShareShareShareShareShare

Researchers from Microsoft, Alibaba group and Carnegie Mellon University have released a white paper outlining a new blockchain-based solution for piracy, said to be running on the Ethereum (ETH) public blockchain.

The paper outlines ‘Argus: A Fully Transparent Incentive System for Anti-Piracy Campaigns’, which is designed to curb piracy through incentivising reporting of fraudulent items and by using blockchain and cryptography in its anti-piracy solution.

Built on Ethereum’s public blockchain, Argus is described as superior to existing solutions and is also thought to be the first public anti-piracy system which:

  • does not hinge on any “trusted” role;
  • treats every participant fairly (in particular, it is resilient to greed and abuse, and resolves conclusively every foreseeable conflict); and
  • is efficient and economically practical to run on a public blockchain.

The system achieves an impressive off-chain throughput, and incurs only a negligible on-chain cost equivalent to sending “14 ETH-transfer transactions per report on the public Ethereum network”.

Protecting Intellectual Property

Intellectual property (IP) is one of the most valuable assets for modern tech companies, especially in the software, film, gaming and digital publishing industries. Companies worldwide have become increasingly concerned with IP protection and the fight against digital piracy.

According to the team of researchers, “Anti-piracy is fundamentally a procedure that relies on collecting data from the open anonymous population, so how to incentivise credible reports is a question at the centre of the problem.”

Relying on the transparency of Ethereum, Argus aims to provide a trustless incentive mechanism while protecting data collected from the open anonymous population of piracy reporters. The system enables back-tracing of pirated content to the source with a corresponding watermark algorithm, which is detailed in the paper.

Dubbed “proof of leakage”, each report of leaked content involves an information-hiding procedure. This way, no one but the informer can report the same watermarked copy without actually owning it, and it also prevents an informer from reporting the same leaked content under different names.

NFTs Also Used to Protect Against Piracy

Non-fungible tokens (NFTs) can also be used to prevent piracy through cryptography. Zero Contact, a new blockbuster film starring Anthony Hopkins, is set to premiere later this year on the NFT platform Vuele where it will be sold as an NFT.

The idea with Zero Contact is to make the movie an NFT, basically a digital asset that is placed on an encrypted blockchain with unique serial numbers. In doing so, it protects the film from piracy and adds fun extra content for the buyer, which can also be traded on the platform.

Share this article

Join in the conversation on this article’s Twitter thread.

Disclaimer:
The content and views expressed in the articles are those of the original authors own and are not necessarily the views of Crypto News. We do actively check all our content for accuracy to help protect our readers. This article content and links to external third-parties is included for information and entertainment purposes. It is not financial advice. Please do your own research before participating.


Credit: Source link

ShareTweetSendPinShare
Previous Post

Axie Infinity Token Climbs 56% In A Week Joining The Top 50

Next Post

Rammstein Frontman’s NFT Sale is Unauthorized, Says Historic Russian Museum

Next Post
Bitcoin Dives Further, Here’s Why BTC Could Find Bids Near $42K

Bitcoin Breaks Key Support, Why BTC Could Revisit $40K

You might also like

BitMine Buys Record 60,976 ETH for $120M as Tom Lee Calls Crypto Winter Bottom

BitMine Buys Record 60,976 ETH for $120M as Tom Lee Calls Crypto Winter Bottom

March 10, 2026
Vitalik Buterin Says Ethereum Should Be Bolder, Here’s Why

Vitalik Buterin Says Ethereum Should Be Bolder, Here’s Why

March 7, 2026
UK FCA Clears Binance, Saying Exchange Has Complied with its Demands

BNB Holders Earned 177% Returns Over 15 Months Through Stacking Rewards

March 11, 2026
Trump-Linked Miner American Bitcoin Boosts Treasury to 6,500 BTC

Trump-Linked Miner American Bitcoin Boosts Treasury to 6,500 BTC

March 6, 2026
Why XRP’s Long-Term Vision Lies In The Internet Of Value Stack

Why XRP’s Long-Term Vision Lies In The Internet Of Value Stack

March 9, 2026
Why XRP’s Infrastructure May Be Positioned For The Tokenisation Boom

Why XRP’s Infrastructure May Be Positioned For The Tokenisation Boom

March 10, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Bitcoin May Still Fall Under $10,000, Bloomberg’s McGlone Warns

Bitcoin May Still Fall Under $10,000, Bloomberg’s McGlone Warns

March 12, 2026
Oil Surges Near $100 Stalling Bitcoin Breakout

Oil Surges Near $100 Stalling Bitcoin Breakout

March 12, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.