ConsenSys And SingularDTV Partner to Build Film & TV Rights Management Platform

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SingularDTV (S-DTV), a first-of-its-kind Blockchain entertainment studio, is partnering with venture production studio ConsenSys to build a smart contract-based rights management platform for film and television on the Ethereum Blockchain. 

Based on ConsenSys’ rights management prototype, Ujo Music, ConsenSys will support the S-DTV service, enabling it to attach usage policies and real-time revenue flow to its video and media content.

“The development of smart contracts, particularly for entertainment rights management, is an ideal use case for Blockchain technology,” says S-DTV’s CEO, Zach LeBeau. “S-DTV will address today’s lack of transparency and fundamentally change the prominence of creative accounting in the entertainment industry, with a particular focus on benefiting independent productions. Our rights management platform will empower creators by giving them back control over their creative output.”

Joseph Lubin, Founder of ConsenSys, said:

“Ujo is intended to serve as a user-owned and controlled content registration platform where usage policies can be attached for artists, consumers, promoters, venues, curators and other actors to license and use as appropriate. Licenses are created and transferred in real-time and value flows in real-time to the creators (or content owners). S-DTV’s film and television rights management model adds an important component to the Ujo ecosystem, which is building core components that will enable the emergence of a business and social network for various arts industries.”

Resources
www.singulardtv.com
www.consensys.net
www.ethereum.org

Richard Kastelein

About Richard Kastelein

Founder, Publisher and Editor in Chief of Blockchain News and co-founder and director at Blockchain Partners in London/Amsterdam/NYC, Richard Kastelein is also an advisor with a number Blockchain startups doing ICOs including DECENT.ch, Inchain, Humaniq, Chronobank, eGaas and others.

He is regarded as one of the top journalists by the Blockchain and fintech communities – as is evident by his entry in the Top 150 Fintech journalists online and in the top 10 of the Blockchain Top 100 List. As a prominent keynote presenter, he has spoken on Blockchain at events in Gdansk, Amsterdam, Minsk, Dubai, Antwerp, Eindhoven etc, where he helped spread the cause for Blockchain technology and crypto-currency and, consequently, has built a notable network inthe scene.

In 2013, the European Commission appointed him as an expert for overseeing financing for emerging startups as a part of the European Commission’s 90 billion euro Horizon 2020 project, created in Brussels to promote innovation as a driving force of job creation and business ventures across Europe. He has also worked as an external expert for Innovate UK since 2012, judging startups for the UK government.

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