Blockchain
Chinese language iQIYI, a Netflix-like streaming platform, intends to implement the Ethereum (ETH) ERC-3475 sensible contract normal to handle copyright points. This information was introduced by DeBond, who’s the developer of the ERC-3475 normal.
iQIYI is China’s largest on-line video platform with over 100 million subscribers. The corporate mentioned it’ll use sensible contracts to “resolve copyright-related points corresponding to disputes, secondary creations, and copyright funding in authors’ works.”
Based on the announcement, a devoted product group has been fashioned in iQIYI to create a copyright accounting chain, and the interior beta model of the system is at the moment working. Public testing of the brand new sensible contract system is predicted to happen within the first quarter of 2023.
Picture: China Movie Insider
