PHOTOCHAIN

Photochain is a block-based platform that was created to protect authors of original photos. A kind of photo drain. On which it will be possible how to sell their author’s works, and get the photo you need.

Photochain is completely decentralized and operates on the principle of P2P where the author communicates directly with the buyer, excluding all kinds of intermediaries. And since everything works on smart etherium contracts, transactions are not only transparent, but also safe.

P2P is a very good solution for using it on its platform. Since all mutual settlements will pass directly between users.

If earlier on the other stock platforms a large commission was charged up to 30%, then the author would receive up to 95% for his work.

Users of the platform will seek to increase the quality of their work, because this will directly affect the level of their income.

In our age of global automation, people are gradually beginning to get used to what again you can trust other people. And such platforms as Photochain prove to the whole modern world that an age of lies and fraud comes to an end.

Perbedaan utama dan keuntungan dari platform ini harus tersebar, otomatis, komisi kecil dan bekerja langsung dari pelanggan ke master. Namun, Pencipta berjanji untuk menyelesaikan tiga masalah kekal :

Pertama, platform Photochain ingin membuat platform perdagangan yang akan bekerja dengan P2P. Ia sendiri yang akan menentukan nilai karyanya, sehingga ia akan memiliki insentif untuk melakukan pekerjaannya dengan jiwa dan sifatnya. Dan platform Photochain akan memberikan pekerjaannya kepada publik.

Kedua, karena teknologi raksasa semakin dalam kehidupan kita, kita secara bertahap menggunakannya dan dalam hitungan jam, mereka semua akan digunakan. Pemblokiran akan meningkatkan kepercayaan di pasar ini karena penjualan gambar.

Ketiga, Anda tidak perlu khawatir bahwa konten Anda akan dicuri oleh seseorang. Forum ini akan sepenuhnya melindungi hak cipta Anda.

Photochain’s Mission

Photochain gives clear advantages over conventional photo stocks to both kinds of users: contributors and customers. Contributors at Photochain benefit from an extremely low fee – only 5% of the selling price. This opportunity to keep 95% of the final sale price allows contributors to offer their work cheaper, and consequently the market becomes more affordable for customers. This type of fair market not only benefits the users, but should benefit the photography industry as a whole, as the possibility of increased income incentivizes contributors to perform better.

These profound market changes are only made possible by using blockchain technology, Smart Contracts, machine learning and Photochain’s own user community. Most of the processes become automated and decentralized, significantly reducing costs of platform governance. It’s unavoidable that more and more stock photography contributors and customers will prefer to use Photochain.

The development of the Photochain platform is an ambitious and organically growing process. Our main aims for the project come under three significant prongs:

P2P Marketplace

It is very important to us that only the artist themselves can determine the value of their work and that they are given the opportunity to offer their work to lots of potential buyers. Our platform provides this opportunity which is realised using synergies from Blockchain technology and machine learning.

• Crypto Economy

The platform Photochain appeals to a broad audience that currently still aren’t adopters of blockchain and cryptocurrency technologies. The relatable use case of “Photochain” will appeal to this audience. The easy-to-use GUI and trading processes facilitate the onboarding process and supports the Crypto Economy to become mainstream.

• Photochain Digital Copyright Chain: DCC

Over the course of the project, more and more artists will be able to strengthen their copyright using the Photochain platform, since their works will be linked to their name. This link is manifested as a transaction in the Ethereum blockchain and is therefore visible to all users at all times. This means that the artist’s ownership of the image can be accounted for. The database with all manifested links has been constructed in a decentralised way. We call this database a DCC

Market Opportunities for Photochain

According to information from a well-known photography stock, its turnover in 2016 has been estimated at $756 million. There are a total of 1.7 million active buyers and 100,000 artists on this platform. These figures could increase significantly for 2017.

These key figures demonstrate the vast potential of this market. Moreover, allowing artists to receive up to 95% of the profit margin significantly increases the Photochain p2p platform’s potential for adoption and standard use.

Photochain Platform

With all currently existing stock photography platforms, the only way that security in transactions can be ensured is via central control. Compared to that, we are creating a platform that works autonomously, securely and efficiently based on predefined rules.

We are developing the Photochain DApp [5] on the Ethereum blockchain. Additionally, Photochain also uses computer vision (machine learning) to fulfil the specific technological requirements of stock photography.

The Photochain DApp is a platform on which artists have the opportunity to sell their work to a broad audience at a price they set themselves, and where sellers are also fully and solely liable for the works they sell themselves. The Photochain Team does not have any liability or responsibility for illegal behaviour from the sellers. This means that the artist is responsible for the legality of the works he is selling, and is held fully accountable for any illegal activity. Photochain however, will uphold users copyright protection, by preventing unauthorised sale of photography.

Photochain’s Ecosystem

The Photochain DApp is a platform specialized in the trade of stock photography, in which processes are reduced to a necessary minimum in order to guarantee simplicity and transparency.