Project Abstract

Motivation and backgroundThe program aims to improve the management of digital assets like music and art by utilizing blockchain technology, tokenization, and smart contracts. The inefficiencies and risks connected with existing licensing and distribution strategies sometimes irritate content creators. The initiative’s goals include giving artists more authority, streamlining licensing processes, and improving transparency in the transfer of intellectual assets. Transforming digital asset management and distribution is the ultimate goal in order to establish a more efficient, secure, and just ecosystem for producers and consumers.To proposition of this researchThis research offers something a new since it combines innovative concepts and methods to advance algorithmic licensing on blockchain. It builds on the achievements of the present systems while attempting to overcome the drawbacks and restrictions found in them. The primary goal is to create a strong platform that offers clear, safe, and effective licensing procedures for digital assets.Method employed The study delves deeply into a number of technical topics, such as choosing the best blockchain platform, creating smart contracts, incorporating Python, making sure users are authenticated, and encrypting data to improve security. The project seeks to provide an algorithmic licensing solution that is both trustworthy and efficient by fully resolving these technological problems.Main findingsKey study findings emphasize the role that interoperability, smart contracts, blockchain integration, tokenization of digital assets, and community involvement play in ensuring that algorithmic licensing programs succeed. Findings highlight how automation, transparency, and decentralization are key components of the revolution in digital asset management.ConclusionFinally, the initiative aims to prepare the stage for a time in the future when maintaining and distributing digital assets would be done exclusively through algorithmic licensing on blockchain. It seeks to empower content producers, improve transparency and trust, and promote innovation in the digital economy by utilizing the newest technology and data.

Keywords: SmartRights, BlockLicensing, SmartAsset Right

 Conference Details

Session: Presentation Stream 11 at Presentation Slot 6

Location: College 127 at Tuesday 7th 13:30 – 17:00

Markers: Nicholas Micallef, Alec Critten (GTA)

Course: MSc Advanced Computer Science, Masters PG

Future Plans: I’m undecided