5 Reasons Why Creators Need a Distributed New Economy

A distributed new economy is essentially a busy network of relationships that allows small and medium sized enterprises to advance through information technology. Where government policies and strategies have failed, a distributed economy in contrast, doesn’t rely on a central system to boost productivity. Rather, it opens the doors for all entities within the network regardless of size or location, to innovation and growth.

1.The creative industry is booming

Economic statistics reveal a booming trend for the creative industry across the world. In China, North America and the United Kingdom for example, the industry accounts for US$465.8 billion, US$620 billion and UK£90 billion respectively each year. Yet due to industry-wide inefficiency, there is substantial untapped potential for growth where creators cannot easily access and participate in this boom.

Now Zeepin Chain has devised an innovative solution by inventing the world’s first creative ecosystem with revolutionary Blockchain technology to disrupt inefficiency. Featuring a complete suite of tools using ZPT digital assets, Zeepin Chain offers an open and transparent platform where all transactions are traceable.

1. Easy to access copyright protection

On Zeepin Chain, creators validate their original work using a digital asset called ‘Copyright Pro’ which supports copyright, sale, transfer and co-creator distribution throughout its lifecycle. Each validated copyright is recorded on the Blockchain which publishes all creator and copyright information.

1. Transparent transactions

‘Authorization Pro’ is another digital asset that is fast, safe and reliable. Its smart contract function automatically distributes profits according to the agreed contract, making it impossible for transactions to be stopped, changed or tampered with.

1. Decentralized connectivity

Zeepin Chain tools ‘Zee Right’ and ‘Zee Create’ help build trust among multiple parties without the need for third party involvement. This is a big advantage as it enables all within the network to easily access and respond to market demand, production and questions around copyright.

1. Scalability

The open nature of Blockchain creates a secure and efficient investment environment that will attract more investors, financial institutions and commercial entities to the network. The potential to scale is immense, accelerating traffic, transactions and circulation within the entire industry.
A distributed creative new economy embodies the true meaning of sharing. It’s accessibility, openness and flexibility can only boost innovation and growth for the entire industry.

Zeepin Team

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