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Blockchain & copyright

BB

Balazs Bodo

Transcript

what is blockchain?

critical inquiry into...

  • what does the tech enable us to do?

  • who are the stakeholders shaping the development, and adoption?

  • what are stakeholders' expectations, what are their incentives to participate?

  • what is the new balance of power between old and new stakeholders?

Blockchain & copyright

symposium

what does blockchain enable us to do?

incentives to participate

who are the stakeholders shaping the development,

and adoption?

balance of power

  • artificial scarcity on a digital platform

  • tokenization of things:
  • works
  • rights/licenses
  • remuneration

  • automated transactions via self-enforcing smart contracts

  • reliable transaction records without any trusted intermediary
  • everyone: bubble? hype? herd behavior?
  • consumers: fairness? transparency? autonomy? cost/benefit? (smart licenses may create revenue opportunities for cheerleaders)
  • creators: transparency? autonomy? less dependence on intermediaries? cost/benefit?
  • CMOs: maintain position? prevent disruption? increase efficiency? cut costs?
  • startup innovators: capture market? bypass current intermediaries? create new bottlenecks?
  • regulators: maintain the ability to regulate? enforce fundamental rights? increase social welfare?
  • tech companies/investors: sell tech to clueless customers?
  • right holders + works + users
  • investors
  • developers
  • regulators
  • incumbent digital intermediaries (YouTube, Netflix, etc.)
  • providers of blockchain infrastructure
  • hype-sters
  • rearrangement of old relationships
  • finding your place in new ones

revolution

  • open source software
  • open (non-permissioned) blockchain
  • open developer community
  • charismatic meritocracy
  • decentralized infrastructure with unforeseen bottlenecks
  • open playing field tilted towards the tech savvy
  • high disruptive potential

assuming blockchain technology automagically does what we expect it to do:

blockchain

tech

evolution

what do we want it to do?

  • proprietary software
  • closed (permissioned) blockchain
  • proprietary technology
  • bureaucratic control
  • centralized infrastructure
  • walled gardens with new intermediaries
  • low disrutive potential
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