Currently we are living in an innovative 3.0 web era that enables global human networks, with the help of high data availability and high data throughput. The use of blockchain technology allows peer-to-peer (p2p) systems to operate safely and securely, without the need for central authority. This technology opens new horizons for architecture and software applications. It provides a list of safe and verifiable transactions that are available to all users at any given time. With so-called Smart Contracts, blockchain ethereum technology opens the possibility to check for true compliance with digital deals using machines. Therefore, conditions for the settlement of smart contracts are met only if both parties have fulfilled their digital contract portion. Therefore, the machine leaves no room for harmful interference. Ethereum 'Solidity' language flexibility facilitates the adoption of many use cases, the use of which was recently considered a utopian.
Photochain is here to put an end to all that and bring back fairness and transparency in photography trading. Photography contributors finally can take back control over their own photos — choosing their own pricing and license types. Transactions are executed immediately and directly peer-to-peer. This results in incredibly low fees charged to the contributors — they will receive up to 95% of the income generated by their works — and fair pricing, transparent and secure service for the buyers.
Photochain provides a clear advantage over conventional photo stocks for both types of users: contributors and customers. Contributors in Photochain benefit from a very low cost - only 5% of the sale price. The opportunity to maintain 95% of the final sale price allows contributors to offer their jobs cheaper, and consequently the market becomes more affordable for customers. This type of fair market not only benefits the users, but should also benefit the photography industry as a whole, as the possibility of increased revenue contributes to better performing contributions.
We are developing DApp Photochain in blockchain Ethereum. In addition, Photochain also uses computer vision (machine learning) to meet the requirements of certain stock photography technology.
Photochain DApp is a platform where artists have the opportunity to sell their work to a wide audience for the price they charge, and where the seller is also fully and responsible for the work they sell themselves. The Photochain team has no responsibility or responsibility for the illegal behavior of the seller. This means that the artist is responsible for the legality of the work he is selling, and is fully responsible for any illegal activity. Photochain however, will uphold the user's copyright protection, by preventing the sale of unauthorized photography.
For more inforation;
Website: https://photochain.io/
Whitepaper: https://goo.gl/NDB3wZ
Instagram: https://www.instagram.com/photochain.io/
Twitter: https: // twitter. com / photochain_io
Facebook: https://www.facebook.com/photochain.io/
Telegram: https://t.me/photochain_io
By Boluwatife ( https://bitcointalk.org/index.php?action=profile;u=1398337;sa=summary )