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Digital rights management in the open seas of blockchain systems
To understand the complexity of digital rights management, or DRM, one must first understand the DRM challenges of current systems and then the challenges (and opportunities) presented by blockchain technology that prides itself on transparency, data linkage and immutability as some of the main characteristics that lends itself to the trust systems. With Web 2.0, content creation and dissemination are via a platform that acts as an intermediary and, like any intermediary, has developed business models that monetize the avenues of content distribution, resulting data and metadata. Digital content (movies, images, music, etc.) can be replicated easily, and the platforms create economic moats and control mechanisms to access content with the complicated n-tier design of passwords, authentication, authorization and usage metering. Over time, that has been exploited due to vulnerabilities of Web 2.0 technology that was designed for information dissemination. Web 3.0 based on blockchain systems, challenges this model by fundamentally changing the platform characteristics of Web 2.0-enabled platforms, as all constructs of Web 3.0 revolve around decentralized (or in some cases quasi-decentralized), design-led models and enforce fundamental tenets of trade (of digital assets), trust (enforced by protocol, i.e., consensus models) and ownership (claim on the asset).The advent of Web 3.0
Digital rights management in the open seas of blockchain systems
To understand the complexity of digital rights management, or DRM, one must first understand the DRM challenges of current systems and then the challenges (and opportunities) presented by blockchain technology that prides itself on transparency, data linkage and immutability as some of the main characteristics that lends itself to the trust systems. With Web 2.0, content creation and dissemination are via a platform that acts as an intermediary and, like any intermediary, has developed business models that monetize the avenues of content distribution, resulting data and metadata. Digital content (movies, images, music, etc.) can be replicated easily, and the platforms create economic moats and control mechanisms to access content with the complicated n-tier design of passwords, authentication, authorization and usage metering. Over time, that has been exploited due to vulnerabilities of Web 2.0 technology that was designed for information dissemination. Web 3.0 based on blockchain systems, challenges this model by fundamentally changing the platform characteristics of Web 2.0-enabled platforms, as all constructs of Web 3.0 revolve around decentralized (or in some cases quasi-decentralized), design-led models and enforce fundamental tenets of trade (of digital assets), trust (enforced by protocol, i.e., consensus models) and ownership (claim on the asset).The advent of Web 3.0