Bitcoin Bounties to Sniff Out Online Pirates
Bitcoin is often seen as the currency of online pirates. But content producers and rights holders may soon be embedding hidden Bitcoin bounties on to their work to help lead authorities to the pirates spreading it illegally.
Anonymously claiming a hidden Bitcoin wallet embedded on a piece of media will firstly reward the so-called snitch, but also send an alert that information has been pirated and illegally shared.
Claim the bounty, report the pirate
It is a constant battle for right holders to maintain the control of their work, as blocking and closing down illegal websites is becoming more and more futile.
It has seen a tech company based in South Africa called Custos Media Technologies take a different approach.
Their idea is that a hidden watermark, which contains a small amount of Bitcoin, can be placed on media files like movies or ebooks. If you’re the first person to find the watermark, you can claim the Bitcoin prize and in doing so will alert Custos.
ReadMorE https://cointelegraph.com/news/bitcoin-bounties-to-sniff-out-online-pirates
Topic: [2017-09-18] Bitcoin Bounties to Sniff Out Online Pirates (Read 2305 times)
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