CopyTrack – Central copyright register
CopyTrack – Central copyright register
Website: https://copytrack.io/
The digital age is booming everyday and everyone is creating a product or design of their own. There are shortcomings for the people to get credits and ownership for their products. Often, the creators are not given the financial advantage with the current financial system in the copyright environment. The creations are copied illegally in many ways and the current copyright infringements are finding it difficult to track the trivial offense.
The onset of the new age decentralized technology called the blockchain technology will set the platform for the proper and the legal ownership to the right people. There is no central authority in the platform and every transaction and the users functions will be tracked by the smart contract.
CopyTrack – Mechanism
CopyTrack will serve as the platform to comfortably navigate and authorise the right user in setting the copyrights to their creations. CopyTrack will strive for the settlement and focuses on two fronts: Post licensing and search-matching
With the blockchain technology, the CopyTrack has an end to end automated process and enforces the copyright to the right holders. The mechanism can be broken down into three steps.
- Image upload: The images can be uploaded directly through the API. The user has to select the concerned or the respective section and create their collections.
- Select Hits: With its smart contract system, the platform marks the illegal images and filters only the licensed pictures and the contracts. It also has the option to whitelist the entire document in a single click.
- Lean Back: The royalty fee is charged for each document and once the upload is done post the licensing, the rest of the process will be taken care by the CopyTrack platform.
Technology and the Market Scenario
There is always a competition between the right holders in establishing the market authorities. The main competitors for the CopyTrack are the image search engines and the image matching providers who provide the post licensing services. The High performance automatically creates the evidence to the rightful owner. The user can also track how long the image has been used over the network. Each image will be categorised according to the country. CopyTrack complies with the PCI standards of high level security and it is licensed as the collective service providers for the German legal service register.
Website: https://copytrack.io/
Once the ownership process is completed, the platform approves the registration and generates a PDF certificate for the authorship. This certificate is stored in the blockchain with the distributed register. There is high level security in this network because of the encryption of the stored registers. CopyTrack is responsible for the financial and the legal related risks involved in the enforcement.
CPY Tokens and the Roadmap
CPY tokens will be the native token in the blockchain platform. This enables the automated payments based on the licenses designed in the user friendly environment. CopyTrack has a strategic partnership with the KPMG international and the EOS group. 40% of the tokens are used for the public sale, 20% of the token is used for the blockchain development and the rest for the advisors. The ICO has started in December 2017 and the registers will be launching from Q2 2018. The public API for various media registration will be launched by the end of 2018.
For More Details Visit
Website: https://copytrack.io/
Whitepaper: https://copytrack.io/pdf/Copytrack_ICO_Whitepaper.pdf
Published By: karanj
Btalk profile: https://bitcointalk.org/index.php?action=profile;u=1030341
COPYTRACK will set a precedent for a global, transparent and decentralized register for copyright of digital content.
Currently services COPYTRACK focused on the search for images to their customers via the Internet.
If there is a successful match, they then move forward with compliance and licensing.
Now COPYTRACK will expand its services to include check images via the blockchain and provide a new market.
At the same time COPYTRACK implements the first account for decentralised books: global reentr copyright for the images.
Other external business models are unable to interact freely with the open registry.
Details ICO
The distribution of tokens:
40% of the public sale.
20% of advisers and founders.
20% razarbotka blockchain.
5%, 1 presales (strategic investors).
5% presale 2 (-35%).
10% presale 3 (-25%).
Sale token:
Token: CPY.
The total delivery: 100 000 000.
Price presales 2: 1 ETH = 1178 CPY.
Price presales 3: 1 ETH = 1000 CPY.
Price publical: 1 ETN = 740 CPY.
Technology
First you will run the token ERC-20 on the Ethereum blockchain.
In the second quarter of 2018 it is planned to token swap with the transfer of 100,000,000 ERC-20 tokens for a new chain.
At this point, the node operators will have the right to receive payment to CPY for the security of the network using consensus evidence of share (POS).