Development of a Blockchain-Enabled Decentralized Digital Content Marketplace

The client faces difficulties in establishing a transparent, secure, and tamper-proof licensing system for digital content. Current platforms impose high fees, lack control for contributors over pricing and rights, and do not provide immutable proof of ownership or transactions. This hampers trust, incentivizes intermediaries, and complicates rights management for creators.

A mid-sized technology company seeking to revolutionize digital content distribution by offering contributors direct control over licensing, pricing, and copyrights through blockchain technology.

• Create a decentralized platform enabling contributors to manage their digital assets with full control over pricing, licensing, and copyrights.
• Implement a secure, immutable transaction trace using blockchain technology to provide public proof of ownership and licensing agreements.
• Reduce transactional fees and processing times compared to traditional platforms.
• Facilitate seamless mass uploading of content to attract a large contributor base.
• Support both fiat and cryptocurrency payments for licensing transactions.
• Incorporate content recognition, filtering, and automatic tagging to improve content discoverability and quality control.
• Establish an end-to-end user verification process (KYC) to ensure trust and compliance.

• Secure license management system stored on blockchain ensuring tamper-proof ownership records.
• Mass upload functionality enabling contributors to transfer large portfolios efficiently.
• Payment processing supporting both traditional FIAT currency and ERC20 tokens.
• Complete user verification (KYC) integrated into registration and transaction processes.
• Content recognition and filtering using AI platforms to detect inappropriate content.
• Duplicate detection to prevent content redundancy and piracy.
• Automatic content tagging for improved searchability and categorization.

• AI-based content recognition and filtering services
• Cryptocurrency payment gateways
• Traditional payment processors for FIAT transactions
• User verification systems (KYC providers)

• High scalability to support large numbers of content uploads and transactions
• Fast transaction processing times with minimal latency
• Robust security measures ensuring data integrity and confidentiality
• High system availability and reliability

The new decentralized digital content marketplace aims to significantly lower transaction costs, enhance transparency, and empower content creators with full control over their work. By providing immutable proof of licensing and ownership, the platform will foster increased trust and engagement, leading to a targeted 30% growth in contributor participation and a substantial boost in revenue streams within the first year.