Review on Po.et by Fanuel PORPORTY
A universal intellectual property register
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.
Pros
- The network allows creators and publishers to interact with each other through a decentralized open-source platform. Creators can thus showcase their work and publishers can deal directly with them for license rights by avoiding going through an intermediary. Formalizing agreements in the blockchain helps avoid any errors, misunderstandings or attempted fraud.
Cons
- Little known project, marketing not very effective
