This is some material I adapted from a recent submission that I would like to see developed into a +/- 400 word article, with footnotes in URLs as citations.
I've already drafted the introduction, below (about 170 words) - please build from there.
Topic: "Tech Giants Make Early Moves in Blockchain Copyright"
Microsoft recently partnered with Ernst and Young to create their own blockchain-based copyright and royalty payment processing system. It will not only allow transactions to be visible by anyone viewing the block explorer, it will also create a system that processes royalty payments faster than their current payment processor. The new blockchain-based copyright system has also incorporated Quorum, a blockchain platform created by J.P. Morgan, that will be utilized to protect private business deals and process the rising number of transactions Microsoft is seeing daily.
Microsoft is bringing in some real heavy hitters to help its new blockchain copyright program succeed. In order to make sure the new project will move forward, Microsoft and E&Y have partnered up with Ubisoft. When the new blockchain-based copyright system is established, Ubisoft will utilize it for their gaming system to track and record intellectual property transactions. From there, smart contracts will verify ownership and decide the royalty payment amount.
Project: WCI Budget: 1hr
This is some material I adapted from a recent submission that I would like to see developed into a +/- 400 word article, with footnotes in URLs as citations.
I've already drafted the introduction, below (about 170 words) - please build from there.
Topic: "Tech Giants Make Early Moves in Blockchain Copyright" Microsoft recently partnered with Ernst and Young to create their own blockchain-based copyright and royalty payment processing system. It will not only allow transactions to be visible by anyone viewing the block explorer, it will also create a system that processes royalty payments faster than their current payment processor. The new blockchain-based copyright system has also incorporated Quorum, a blockchain platform created by J.P. Morgan, that will be utilized to protect private business deals and process the rising number of transactions Microsoft is seeing daily. Microsoft is bringing in some real heavy hitters to help its new blockchain copyright program succeed. In order to make sure the new project will move forward, Microsoft and E&Y have partnered up with Ubisoft. When the new blockchain-based copyright system is established, Ubisoft will utilize it for their gaming system to track and record intellectual property transactions. From there, smart contracts will verify ownership and decide the royalty payment amount.
Resources: http://fortune.com/2018/06/20/microsoft-and-ey-launch-blockchain-tool-for-copyright/
https://www.telegraph.co.uk/technology/2018/06/22/microsoft-uses-blockchain-pay-game-developers-first-real-world/