Copyright management: Copibec adopts blockchain technology
Montreal, February 26, 2019 – Copibec is leading the way by embracing blockchain technology through a partnership with Montreal start-up Scenarex, the leading developer of digital publishing solutions built on blockchain technology. The goal of this partnership is to deliver an automated copyright management platform for businesses that use copyright-protected content.
This new platform will meet a key need for Copibec’s clients who are committed to complying with copyright while ensuring that content can be shared smoothly within their organizations. Copyright owners, for their part, will be able to count on a more efficient approach to copyright management.
“Since the Internet era began, creators have been searching for ways to prevent their content from being shared illegally online. Blockchain technology is a promising step forward,” explained Frédérique Couette, Copibec’s Executive Director. “It will allow copyright owners to measure how their content is being used and then be paid fairly for that use.”
The platform will be developed by Scenarex, the creator of Bookchain® and the first company in the world to develop a digital publishing solution based on blockchain technology that is cryptocurrency-free for its users. “Our innovation without using cryptocurrency offers a stable, secure solution,” said Simon-Pierre Marion, Scenarex founder and CEO. “It protects users and creators from cryptocurrency fluctuations and also makes the project accessible to the general public.”
“By joining forces with a dynamic, future-facing company such as Scenarex, we’re breaking into a promising market for copyright owners and collective licensing,” added Frédérique Couette.
Copibec is a non-profit social enterprise that belongs to the author and publisher community. It offers convenient, customized solutions that meet the needs of users of copyright-protected content. It is the Quebec counterpart of Access Copyright (Canada except Quebec), the Copyright Clearance Center (U.S.) and the Centre Français d’exploitation du droit de Copie (France).
Scenarex is a Montreal-based start-up founded in 2015. Using blockchain technology, its goal is to create flexible, user-friendly, non-restrictive solutions that will benefit the evolution and development of the publishing industry. With financial support from the National Research Council Canada (NRC) and the Canada Media Fund, Scenarex created Bookchain®, the world’s only digital publishing platform built on blockchain technology without any cryptocurrency.