LinkedIn. Law Firm Hogan Lovells Learns to Grapple with Blockchain Contracts - CIO Jour... Copyfraud: Copyright Claims On CDs Say It's Infringement To Loan Your CD To A Friend. We've talked a lot about the concept of "copyfraud," the increasingly common activity of copyright holders claiming more rights than copyright allows.
It happens all the time, but sometimes it's really egregious. Wired is reporting on how the super popular band Mumford & Sons CD, Babel includes a copyright warning label that says it's infringement to lend the CD to anyone: “The copyright in this sound recording and artwork is owned by Mumford & Sons. Warning: all rights reserved. Unauthorized copying, reproduction, hiring, lending, public performance and broadcasting prohibited.” You can see a scan of the back of the CD here, which includes the warning on the left: Here's a rotated and zoomed in image: While this is clearly copyfraud, the article makes a few important points.
However, the article raises a larger point concerning "first sale rights" and the Kirtsaeng case that the Supreme Court will be deciding one of these days. Judeumeh's Blog. Last month’s conference on copyright and technology provided plenty of food for thought from an array of speakers, organisations, viewpoints and agendas.
Topics and discussions ran the gamut of increasingly obvious “business models are more important than technology” to downright bleeding edge “hypersonic activation of devices from outdoor displays “. There was something to take away for everyone involved. Read on for highlights. The Mega Keynote interview: Mega’s CEO Vikram Kumar, discussed how the new and law-abiding cloud storage service is proving attractive to professionals who want to use and pay for the space, security and privacy that Mega provides. This is a far cry from the notorious MegaUpload, and founder Kim Dotcom’s continuing troubles with charges of copyright infringement, but there are still questions about the nature of the service – e.g. the end-to-end encryption approach which effectively makes it opaque to outside scrutiny.
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Techdirt Reading List: The Blockchain Revolution. We're back again with another in our weekly reading list posts of books we think our community will find interesting and thought provoking.
Once again, buying the book via the Amazon links in this story also helps support Techdirt. Well, after doing four copyright books in a row, I figured it was finally time to change things up a bit, so this week, we're moving on to a technology that actually could change a lot of things -- including raising policy questions in a ton of areas: the blockchain. For the longest time, I've been meaning to write a post with the title "the Greatest Trick Bitcoin Ever Pulled Was Making People Think It Was About The Currency," but I never got around to it. MIT Blockchain Infrastructure Report Part Three May 2016. Fraud and privacy problems on the blockchain. From a purely technical perspective, blockchains accomplish this goal very effectively.
This all sounds great so far but the technology has a severe weakness that, until comprehensively addressed, will make blockchain applications very costly in terms of fraud, theft, and legal jeopardy. There are ways to solve the fraud problem but some solutions will introduce another problem. The fraud weakness lies at the transaction endpoints. By the term ‘endpoint’ I mean the boundary between physical space, where living, breathing human beings exist, and cyber-space, where the blockchain databases reside. The endpoint is where physical space users interact with the cyber-space blockchain. Any legitimate, non-fraudulent blockchain transaction is dependent on trust between two or more counterparties. . [ ALSO ON CSO: How blockchain will disrupt your business ] This is all good so far but how do physical space human beings interact with blockchain applications and use their private key?