Piracy is one of the main headaches that digital distribution brings to media and entertainment. Linius hopes to become the remedy to that. Linius uses blockchain and it calls its “video virtualization technology” to solve piracy woes, build in payment gateways, and rectify ways to better automate and systematize royalties and more.
“Basically what Linius does is we virtualize video,” said CEO Chris Richardson. “What video virtualization does is it separates the actual data of the video, the ones and zeros that make up the codec where you put a red dot here, green dot here, play some sound, whatever it may be, from the piece of the video that represents the play out, the actual video itself. Once you separate those things, the video part that you play out becomes a very tiny file, about the size of a text file, a large text message for example.”
Read the full article: Blockchain Is Key To Linius Technologies Effort To Combat Video Piracy (BlockTribune)
