Baidu Totem Starts a Blockchain Digital Images Rights Protection Platform

Baidu Reveals Blockchain Photo Platform Called Totem

The service is being called Totem and went online on April 11, 2018. It uses blockchain to timestamp submissions of each photograph from a user with a real-name identity and store data associated with the images on a distributed network.

The company’s existing AI capacities which includes image analysis and semantic understanding, will feed into the construction of unique image tags, with the underlying Blockchain system allowing circulating images to be traced, reproduced, and monitored in order to substantiate or refute allegations of copyright infringement. Traditional stock photo services like Getty Images, Visual China Group have already partnered with the platform.

It still remains unclear whether the Totem platform is being built on a public blockchain or a private one. Earlier this year the firm introduced its blockchain-as-a-service platform, Laici Go which was dubbed as a knock-off of CryptoKittes.

Any Downsides To Using Blockchain For Image Rights Protection?

Although this technology is an essential tool for improving transparency and security, if given in the wrong hands it is a recipe for disaster. Assuming the Chinese government or any other authoritative bad actors possess the admin privileges of this platform, they will not only get the access to the names of the owners but an easy way to prosecute them.

A lot of technology firms have been leveraging blockchain technology to solve the intellectual property issue for digital media assets. In recent months Kodak, US most prominent imaging technology firm, had made headlines by claiming it would use blockchain technology to underpin the unique property rights of photograph ownership.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Avatar
Bitcoin Exchange Guide News Team
B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

LEAVE A REPLY

Please enter your comment!
Please enter your name here

3,485FansLike
2,795FollowersFollow
4,267FollowersFollow

Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

China State-Owned Media Covers Crypto as 2020’s Best Performing Assets Driven by DeFi & Weak Dollar

In an unusual coordinated report on Friday, several Chinese state-owned media covered cryptocurrencies, calling them the best-performing assets of 2020. The country’s top broadcaster, China...

Crypto Exchange Gemini Makes an Aggressive Move, Adds 15 Hot DeFi Tokens

DeFi is all the rage in today's crypto world, and no one wants to be left behind, especially cryptocurrency exchanges. Over the past few months,...

Ethereum ‘Getting Ready for Spadina' Testnet Next Week

The Spadina testnet of ETH 2.0 has been scheduled for genesis before the month ends, on September 29 at 12 pm UTC, as per...

KuCoin Hack: Exchange’s Insurance Fund to Cover User Loss “Completely,” Tether Freezes 33M USDT

The Singapore-based cryptocurrency exchange KuCoin released a statement regarding detecting large withdrawals on September 26, 2020, at 03:05:37 (UTC+8). The exchange has reportedly lost $150...

Crypto Custodian, Anchorage, Adds Support for DeFi Tokens: BAL, NXM, AAVE, UNI, and YFI

Anchorage, the Delaware corporation headquartered in San Francisco, California, and digital asset custodian for institutional investors is diversifying its DeFi token options for its...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today