30 Aug '16, 2pm

Bitcoin Blockchain Anti-Piracy Startup Custos Raises Additional Funds

Bitcoin Blockchain Anti-Piracy Startup Custos Raises Additional Funds

Advertised sites are not endorsed by us. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Custos Media Technologies, a South African bitcoin blockchain-based startup that has developed the means to identify and track illegal file-sharing and pirates through the bitcoin blockchain, has received a new cash injection of over $400,000. South African startup Custos Media Technologies, a company that uses the bitcoin blockchain to combat media piracy has reached an agreement with the Technology Innovation Agency (TIA) that will see funding of 5.9 million Rand (approx. $400,000) gained by the startup over the next two years. A Bitcoin Reward for Downloaders? The technology, seen as a unique way to combat media piracy, works by embedding a bitcoin bounty within a piece of a media. The watermark can then be tracked on the blockchain with the idea of recognizing a...

Full article: https://www.cryptocoinsnews.com/bitcoin-blockchain-anti-p...

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by jtorrance

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