Haunterblade

Popular Blogs

Blogs

PO.ET LAUNCHES PROTOCOL FOR BITCOIN NETWORK CONTENT REGISTRATION

on November 28 at 10:43 AM

The Po.et decentralized protocol launched its main network for the registration of contents in the Bitcoin blockchain.

According to the information published on the company's blog this November 27, the idea is to offer technological solutions to projects related to the areas of intellectual property in content distribution, mainly in the journalistic area, in order to allow the registration of creative works in a blockchain network .

In this regard, the CEO of Po.et, Jarrod Dicker , points out that  Po.et is a protocol for creativity, where they intend to build the next generation of the web, with a focus on interoperability, reputation and ownership.

 

By providing these core values in our protocol, applications can be based on the spirit of the best web, whether through a market, a wallet, the next social platform or the tools to allow a truly decentralized media economy. 

Jarrod Dicker

CEO, Po.et

One of the main objectives of Po.et is to allow the registration of creative works in the chain of Bitcoin blocks , trying to solve the problems of authorship that usually appear on the Internet. In this way, it is clear to everyone who is the author of a certain work, who owns it and even knows if the use and dissemination of the work is authorized or not. With this, distributed accounting technology becomes useful for the development of applications so that publishers and content creators can automate their licenses, in a decentralized manner, without depending on third parties.

On this Dicker notes that the first application developed for Po.et is Frost , a custody portfolio that allows anyone to publish content, without the need to manage the associated private keys.

From this launch of the main network, this application will now begin to work in the main Bitcoinnetwork , allowing creators to include their contents directly in the chain of blocks , where they will be stored in the IPFS (Interplanetary File System), registering with it the intellectual property of their work.

In that sense, Po.et's product manager, David Turner, affirms that the axis of the protocol is both in the anchoring to the Bitcoin network and in the use of the IPFS , with which it is possible to generate a hash that creates a unique address for each piece of content.

Po.et currently bases its own IPFS infrastructure on the cloud, but is open to input from implementers that provide mass storage of IPFS. It will also explore the future use of other blockchain platforms.

PROTOCOL OPERATION

Turner details the operation of Po.et, indicating that the protocol uses cryptographically signed messages on a secured hash in a public blockchain (in this case Bitcoin). He adds that most of the protocol defines a scheme that allows storing, retrieving and verifying metadata (claims) and related data (digital content). In this way, the attribution of the author and the relevant publication date are carried out. In general terms, Turner cites four stages that describe the process: "describe, record, listen and cure".

Comments (5)