A media copyright protection alliance is established in Beijing to provide copyright protection services using blockchain technology where according to the Chinese State-owned International Finance News.
“China Financial Media Copyright Protection Alliance “ was newly established which involves more than 30 major financial media outlets like International Finance News, Economic Information Daily, China Business News, Beijing Business Daily, and the Daily Economic News and many others. The main aim of the alliance is to provide “reasonable authorization systems improving authorized transaction mechanism strengthening the industry copyright self-discipline and developing copyright cooperation in the industry. The secretary of the former Communist party group of the China Association of Journalists said that
“Reporters and newspapers should establish copyright awareness, solve common problems in copyright protection through technology and other means, and actively communicate with relevant technical teams to protect original copyright…”
As per the report, the alliance will use blockchain technology just to provide original authentication and copyright protection for original works. The aim of the alliance is to use the technology to get “embedded with the unique identifier.
…once an infringement is discovered, the technology platform will immediately obtain evidence.”
An association with more than 100 mainstream media outlets established the “Global Media Blockchain Alliance “in Hong Kong aiming to provide high-quality information to the public about the blockchain industry and create a “healthy public opinion environment”.
54 different Chinese companies covering blockchain technology in finance and trading established the Guangdong, Hong Kong, and Macao Dawan District blockchain Alliance. The new group will promote innovation and jointly develop blockchain technology within the country.