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Blockchain: the wave of the future (lemmy.world)

submitted 10 months ago by [email protected] to c/[email protected]

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[–] [email protected] 6 points 10 months ago

I don't know the value in a decentralized IP rights system. If the key holder gets phished, you can lose your rights to a TV series you've been working on. (Like Seth Greene)

He wouldn't have lost it and had to pay back the ransom in a traditional contract. Having a contract centralized and enforced by the legal system has many perks and I can't ever see how a decentralized rights platform can enforce itself.