Can Blockchain Disrupt The E-Book Market?
Blockchain technology has made its way to book publishing. The e-book platforms from two startups — Scenarex, based in Montreal, and Publica, based in Gibraltar and Latvia — are strikingly similar.
They are implementing ideas that have been discussed in the book publishing world for a little while. Publica launched its system a couple of months ago, and Scenarex is launching its Bookchain system next month. As these systems roll out, we'll see whether the advantages offered by blockchain technology will translate to features that book authors and readers care about.
Broadly speaking, there are two current paradigms for this.
In one, files are DRM-free. This means that users are technically able to do anything they want with their files, including sending copies to their million best friends, posting them online for anyone to download, selling copies and keeping the revenue, and extracting samples to create derivative works — as long as they don’t get caught, because the license agreement with the retailer probably forbids those activities.
In the other paradigm, files are encrypted with DRM, resulting in technical constraints that make it difficult or impossible to alienate content, share it with others, create derivative works, and so on — regardless of whether the license agreement forbids or allows such activities. This is the case with movies and TV shows; it’s also the case with most e-books in the United States and other countries such as the U.K., Canada, France and South Korea.
Full Info | https://www.forbes.com/sites/billrosenblatt/2018/08/18/can-blockchains-disrupt-the-e-book-market-two-startups-will-find-out/#5265f2d65a0b
Regards
Mr. Pralhad Jadhav
Master of Library & Information Science (NET Qualified)
Research Scholar (IGNOU)
Senior Manager @ Knowledge Repository
Khaitan & Co
Twitter Handle | @Pralhad161978
Mobile @ 9665911593
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