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Online Multimedia Collaboration and Commerce

Online Multimedia Collaboration and Commerce Patent Forecast®

July 25, 2019

Purpose

This sector focuses on having a platform that enables remote collaboration on a multimedia project, as well as the ability to distribute the project securely for profit.

Big Picture 

The ability for artists to seek out co-creators based on their areas of expertise, as well as add to or adopt their work for their own projects. Utilizing peer-to-peer tokenized transactions to support a secure and efficient transaction during the sale of their work.

Scope of Analysis 

This sector was limited to virtual collaboration in the medium of multimedia and commerce relating to such. The focus of my analysis was on finding innovative digital corroboratory techniques, as well as encryption of payment methods and royalty distribution for said media.

 

Tags and Their Meaning 

Tokenization: methods of encrypting Blockchain assets online for a digital marketplace

Peer-to-peer: Blockchain-based transactions for multimedia

Authentication: Verifying identity of both parties in the transaction, security measures

Royalties: profit distribution and method of determining such among a ledger of collaborators of a digital multimedia project

Collaboration: virtual platforms/software enabling real-time multi-user collaboration or composition on a multimedia project



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With the rise of the internet, online collaboration has been more accessible than ever. Online multimedia collaboration and commerce connects artists through a curated network, enabling ease of production, financing, and fulfillment services based on the project’s needs.

Online Multimedia Collaboration and Commerce   Patent Forecast®

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With the rise of the internet, online collaboration has been more accessible than ever. Online multimedia collaboration and commerce connects artists through a curated network, enabling ease of production, financing, and fulfillment services based on the project’s needs.



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