Japan to initiate a government-led blockchain project

Japan starts to study a blockchain system for contents management. The government is aiming to support Japanese contents business (e.g. game, character) by providing a system which realizes smooth copyrights handling by using smart contract and other functions based on blockchain technology. The Japanese government is reportedly planning to proceed to the validation phase in 2019. In addition to this government project, Sony seems considering using blockchain technology for Digital Rights Management (DRM). Reportedly, Sony has filed a patent application, which was published by USPTO on April 26 2018, for using blockchain technology to manage ownership of purchased games for PlayStation 4. Blockchain technology-based IP platform is becoming hot. So […]