The Japanese technology company Sony announced that has begun working with blockchain technology. The intention is to extend its digital rights management system. To make this project possible, Sony Music Entertainment Japan and Sony Global Education will work side by side. The information has been released at the beginning of the week by the company.
Sony Wants to Improve its Rights Management Systems
Although the project has no specific name as of today, it will target managing rights-related information of written works. Additionally, these works will have features to demonstrate the date and time that electronic data was created.
The company wrote in a press release:
“This newly-developed system is specialized for managing rights-related information of written works, with features for demonstrating the date and time that electronic data was created, leveraging the properties of blockchains to record verifiable information in a difficult to falsify way, and identifying previously recorded works, allowing participants to share and verify when a piece of electronic data was created and by whom.”
Additionally, the system lends itself to the rights management of digital content. This includes electronic textbooks, music, fils, VR content, and books. Furthermore, Sony is also contemplating other uses.
Due to the fact that it is very easy to falsify digital rights, several projects are leveraging blockchain technology and offer a solution to these issues.
“Sony Group is also considering innovative ways to make use of blockchain technology for information management and data distribution in a host of different ways,” informed the company.
With this technology, the company aims at registering sensible information that will be difficult to falsify.
In the future, the company will continue to analyze different possibilities that blockchain technology offers. Different processes can be enhanced, reducing costs and increasing efficiency.
Back in August, the U.S. Patent and Trademarks Office (USPTO) released two Sony patents. The firm filed them in order to boost blockchain-based ecosystems. With them, the company wants to introduce new circuitries to the processes related to blockchain technology.
Carlos is an international relations’ analyst specializing in cryptocurrencies and blockchain technology. Since 2017, Carlos has written extensively for UseTheBitcoin and other leading cryptocurrency sites; with over 2,000 articles published.