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February 3, 2017 Group 11 Abdullah Alrashid Nick Kirby Dima Perkis

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Presentation on theme: "February 3, 2017 Group 11 Abdullah Alrashid Nick Kirby Dima Perkis"— Presentation transcript:

1 February 3, 2017 Group 11 Abdullah Alrashid Nick Kirby Dima Perkis Ryan Steeb

2 The Problem? Copyright Enforcement
It’s Spiraling Out of Control!!! Unauthorized Reproduction of Work on Web 1000’s of Copies Distributed w/o Royalty Payment Unauthorized Reproduction of Work on Web Digital Creative Work Authored US Copyright Registered Work Published on Social Media

3 Copyright of the future?
Current cost to register copyright in US : $35-$55 Cost to use Blockai: FREE Blockai securely timestamps claims on the Bitcoin Blockchain Use open source “proof verification tool” to verify copyright claim

4 Blockai has a solution The World Wide Web! Register “Art”
Scour the Web Stolen Art Stolen Art Stolen Art Stolen Art Stolen Art Stolen Art Stolen Art Bitcoin Blockchain Records Stolen Art Stolen Art Find Infringement Stolen Art Dima knows who to Sue Stolen Art

5 How does blockai make money?
$572 of seed capital in 2016 They do not currently make money – no concrete monetization plans If they become standard copyright tool, they hope to take “fair share” of artists’ profit Source: Crunchbase; blockai FAQ

6 Dima’s blockai copyright
So… does this protect his claim? Short answer: NO Long answer: Maybe at some point in the future, but artists must register with copyright office in US to win money in a law suit. Also, it didn’t work (or it wasn’t clear)… Dima was never notified that Ryan tweeted his art.


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