[ICO] Photochain - When the artwork is placed in its place


Mar 14, 2018

Photochain is a blockchain-based business model that allows any contributor to have full control over the licensing and sale of their digital images. Photochain exploits new markets by redefining who the creators of content are and empowering them to monetize their work fairly and effectively.

Meet with Photochain and see what it is !!!
By developing the Photochain platform, we present the ability for artists to sell their work directly to customers in their own way. Smart contracts play an intermediary role, when the sale is made, the seller is paid and the buyer receives the purchased image immediately. With all of the existing stock photography platforms, the only way to ensure a transaction can be guaranteed is through central control. The platform work independently, safely and effectively based on predefined rules. Photochain DApp is a platform where artists have the opportunity to sell their work to a wide audience at the price they set themselves and the seller is fully responsible for the work they sell. However, Photochain will retain the copyright protection of the user, by preventing any unauthorized photo sales.

A service rating system has been developed as motivation to ensure the sustainability of the Photochain community through rational rewards. Photochain DApp is a commercial platform of stock photography in which processes are minimized to ensure simplicity and transparency.

Another important point is the anonymity of the transaction. Two commercial partners may see each other's names, but will not be able to establish any link between the personal data and the Ethereum address from which the transaction are made. The anonymous mechanism used by Photochain DApp will be described here simply. All transactions are made through a smart contract that ensures the names of the artists and their Ethereum addresses can not be linked to each other. Instead of paying immediately, Smart Contract pays for all salers once a day, every four days or once in seven days. Frequency of payments may be selected by the seller, however the order of payments is completely random.

With Photochain, Digital String - DCC will be created, supporting many aspects of copyright. This is because the DCC completely maps the link between a work and a related author of that particular work. A transaction on Photochain DApp is proof of the buyer's appropriate acquisition of the license. Exceptions are made when there is sufficient evidence that the seller has infringed the copyrights of a third parties. Another potential problem is uploading illegal content. This applies especially to pornographic and offensive content. To avoid this, advanced technology will be used to analyze images based on neural networks. Each image exchanged in the Photochain network will be analyzed on a scale of 0 to 1 pornography.If unauthorized photos are accessed on the Photochain network, despite the continuous improvement of pornographic filters, we will use human intervention.Similar to the copyright issue, a statement of offensive content may be opened by members of the network. This request must be confirmed by ten other users in exchange for rewards. If this is the case, the image will be deleted and the provider will be blocked.In the event of a serious problem, the Photochain Governance Team will be able to block all Photochain network activity until the solution is found. The Ethereum wallets of Photochain users will not be affected. This means that the PHT token can continue to be traded.

Ethereum's global support by the Ethereum Alliance implies widespread, interdisciplinary acceptance and provides the evidence needed for the long-term viability of the platform. Ethereum is a p2p network that provides a platform for performing smart contracts and is based on its own public blockchain. Ethereum uses the cryptocurrency Ether as a means of payment for the computing power that participants provide to the distributed system. The Smart Contracts are written in the programming language Solidity have been specifically developed for Ethereum. PHOTON tokens are the means of rewarding users across the Photochain Ecosystem. Any type of transaction on the platform will require the use of PHOTON Tokens.

Information about …

Website: https://photochain.io/

Whitepaper: https://docs.google.com/document/d/1C4UPA9-9o2cOLJOEYMIVwN_Fi3Ebtn2YcRua58hQ7_0/edit

Telegram: https://t.me/photochain_io

Facebook: https://www.facebook.com/Photochain-141364963181927

Twitter: https://twitter.com/photochain_io

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