POE is a universal Ethereum-based registry, designed to track the ownership and allocation of the world's digital creative assets. In the current era of instant information exchange, the licensing and accreditation processes have become a huge burden for creators of digital content. With a single click, anyone can copy your image or paragraph and repost it as their own. If they are seeking an appropriate license, this can be a labor-intensive task, requiring multiple emails and lawyers. Often, this process is simply not worth it for an article that only took a few hours to write.
POE has made it their mission to tackle this problem by creating the first platform that uses blockchain to digitally time stamp content and serve as a single source of license information.
POE uses a "Proof of Existence", the first non-financial application of the blockchain. When you add something to the POE marketplace, it is given a unique "fingerprint" that cannot be changed, altered or changed after being assigned. Thanks to blockchain, "fingerprints" don't have a single point of failure, and content doesn't need a third party or publisher to access them.