A -based patent application filed by the telecom and networking giant Huawei was published by State Intellectual Property Office on Tuesday, March 6.
Shenzhen-based Huawei initially filed its application on Aug. 15, 2016. The document describes a Blockchain-based verification system for protection of intellectual property rights for digital content within a (P2P) network.
The Blockchain network, as described by Huawei, would permanently record all verification data such as the ID of a copyright holder, and the point of access to digital content, according to the filing.
When a user sends a download request within the P2P network, the verification system will identify and compare their private key or license before giving access to the content. The application stresses that the download permissions will only be released by the Blockchain-based platform if validation data matches completely.
Despite the Chinese government all domestic trading in September last year, and finalizing its on foreign and (ICO) in early February of 2018, Blockchain-based tech is still seeing widespread development in the country.
On Feb. 27, China’s top retailer JD.com launched its startup accelerator program to fund innovative Blockchain projects, managing to attract four overseas businesses to Beijing. Last week, Cointelegraph that JD.com is planning to implement a Blockchain-based food tracking system in its supply chains.
Published at Thu, 08 Mar 2018 15:21:32 +0000
Blockchain
