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Title: | Application of blockchain in digital asset management | Authors: | Tran Minh Phuoc | Keywords: | Blockchain;Digital asset management;DAM;DApp | Issue Date: | 2019 | Publisher: | Vietnamese-German University | Abstract: | The blockchain has been emerging technology in recent years. The first concept paper was published in 2008 by Satoshi Nakamoto for usage in developing crypto-currencies and proposal for smart contracts. Today, there are many different blockchains and variations of blockchain technology for various business purposes. Accordingly, the digital asset management is considering the blockchain technology as the future of its infrastructure. Every day, people consume and interact with various media kinds such as photos, audio files, video clips, movies, e-books, and even ideas. Digital media of all kinds have been increasing significantly and become part of our everyday experience. Additionally, digital media are easily created by an individual and become personal digital assets. The ownership of these assets is often disorganized and complicated, causing disputes about ownership and the abuse of power because it is not easy for an individual to register intellectual property rights for a photo or short video clip. As consequence, the difficulty also creates challenges for consumers who want to use digital media files legally. However, with the blockchain, management and ownership of digital assets would be simplified, organized, and transparent. In addition, the applications of this make any third-party middleman obsolete and have the potential to drastically reduce costs. |
URI(1): | http://epub.vgu.edu.vn/handle/dlibvgu/736 |
Appears in Collections: | Business Information Systems (BIS) |
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Application of blockchain in digital asset management.pdf | 5.72 MB | Adobe PDF |
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