PHOTOCHAIN- THE DECENTRALIZED ECOSYSTEM FOR LICENSING AND MONETIZING PHOTOS

anjolie (44)in #bitcoin • 6 years ago

Human life is very short. During this short span of life, they wish to capture their happy moments with their cameras or by painting on their canvas. Capturing moments is an art. The person who can take the best photographs at their best moments is an artist. He has the capability to create a masterpiece which can touch the heart of many people by representing their lives. A picture can say a thousand words; it can present one’s emotion, it can present one’s memory of his/ her old happy days; the pictures are the part of human life. We have a very little time to stay in this world, to make our lives memorable and to capture our happy moments in frames there is no better way than photography. Every year more than 1200 billion photos are taken by the people all over the world. Among this massive amount of photo stock, very few photos are licensed and sold by the photographers. The photography industry is one of the most prospective sectors to earn a fortune, in the modern financial market. The industry has vast resources, but there is no one to utilize them effectively for the development of the global economy. There is no ecosystem which can support the talented photographers to appreciate for their masterful photographs. As a result, most of them suffer from a financial deficit, and cannot hold onto their passion, though they have the talent to make the moments, beautiful with their masterful skills. And even if they get the chance to demonstrate their skills, the companies of the digital world try to steal their credit for their increasing their own company reputation. For this cause the original photographers are being stripped off from their rightful fame. Considering such conditions and drawbacks of the photography industry a new organization has emerged which aims to create a platform solely for passionate photographers, by providing them the chance of photo licensing, and monetizing their efforts. The name of this noble organization is PHOTOCHAIN. This is the company which is about to change the fate of millions of passionate photographers through an advanced blockchain based ecosystem named PHOTOCAHIN.

In this article, I am going to represent a decentralized photography platform of PHOTOCHAIN and how it is enabling the photographers to license and monetize their masterful photographs a valuable asset for themselves.

PHOTOCHAIN PLATFORM

People take photographs to keep their happy memories captured in a frame so that they can see them and remind their happy moments. We take pictures of a beautiful place we visit, on a memorable journey, to keep the moment with our loved ones during a memorable event and on many other occasions or events. Every picture we take is the most valuable moment of our life. These pictures are own asset and we have every right to preserve them for us or to sell them for financial benefit. But, in the modern world, where social media is one of the most popular platforms for sharing our moments with our loved ones or with other people, our rights regarding our photographs are at risk. These platforms collect our photo contents and sell them for their own benefits. This kind of behavior is not only depriving us of our rightful payments but also it is risking our privacy. Hackers are always in the move to search for security backdoors so that they can steal private data and then can use them for exploiting money. Most of the social media or photo trading platforms are not secured with proper security protocol and they also hide payment policy from their customers. And for hanging this situation the PHOTOCHAIN has developed a platform for managing photo trading along with licensing facility. To make their efforts possible they are creating a completely decentralized facility by integrating the following modern amenities,

• Blockchain
• Smart Contract
• Cryptocurrency
• Copyright
• P2P Photo Trading

Blockchain: The blockchain facility is mainly used for decentralizing the PHOTOCHAIN platform ecosystem. This facility enables all photo contents to be secured through advanced encryption. Encryption maximizes content security and prevents third parties from interfering with photo trading. Blockchain mainly ensures the complete transparency and security of financial transactions. This facility enables the photographers to receive their payments accordingly. It also facilitates the buyers to connect with original photographers for direct trading without uncertain transaction loss.
Smart Contract: Smart contract system enables PHOTOCHAIN to execute all financial contracts in an automated manner by making the contracts self-executable. It also ensures the contract integrity and contract standard for making contracts undisputable for both buyer and seller.

Cryptocurrency: Platform’s cryptocurrency is known as PHOTO. Its symbol is PHT and it is ERC20 standard token built on Ethereum platform. This cryptocurrency is offered as a utility token and is offered for sale in PHOTOCHAIN ICO.
Copyright: This facility enables the photographer to protect their photo ownership. By using this service photos will remain under the ownership of its original takers, with a valid license.

P2P Photo Trading: P2P photo trading enables the photographers to trade their photos through the decentralized platform of PHOTOCHAIN. By using P2P facility photographer can trade their photos directly with buyers. Buyers can get original contents directly from their original owners and they will get the most authentic contents with the highest quality. PHOTOCHAIN P2P photo-stock enables secure trading without taking the help of any kind of third-party interference.

To learn more about PHOTOCHAIN, visit, https://photochain.io. And to invest in this project please visit, https://ico.photochain.io/?_ga=2.227513118.209688350.1532315792-656188184.1532315792.

LICENSING AND MONETIZING IN ONE PLACE

Licensing along with monetizing facility is a unique integration within a single ecosystem. The traditional centralized platforms either provide only copyright facility or provide photo trading facility. None of them are able to provide both of these services through one single platform. But through PHOTOCHAIN you can get both of these facilities with limited service cost. There is no hidden charge, legal complexities and do not require third-party support for availing both services from one place.

CONCLUSION

Centralized photo trading system has become obsolete. They are not only vulnerable to hackers but also are depriving the original photographers of their rights. So, using those platforms for trading photos is certainly a loss project. PHOTOCHAIN is creating a decentralized platform for passionate photographers. The platform is enabling them to license their photos and monetize their efforts by selling them to trusted buyers. The project is solely made for passionate photographers who wish to create value for their masterful photos which deserve to be appreciated. So, if you are a talented and enthusiastic photographer then try PHOTOCHAIN, and enjoy the new world of photography where your every effort will be appreciated by genuine photography experts.