The Po.et token is a blockchain-based platform designed to keep track of ownership and attribution of digital creative assets. It is also intended to become a universally distributed ledger for digital assets, including text, photos and videos. Po.et helps video makers protect their material. Po.et also helps publishers verify the authenticity of content for publication and because content is usually verified individually, publishers have relied on legal staff in the past to filter appropriate material.
Po.et was set up in 2017 within BTC Media, a publishing and marketing company that focuses on the blockchain space. Co-founder of BTC Media, Tyler Evans, was frustrated about the labor-intensive process related to license content. The Po.et team currently consists of 30 employees including CEO Jarrod Dicker who previously served as the president of innovation and commercial strategy at The Washington Post.
Although this is a useful implementation of blockchain technology, the real value Po.et offers is that there is no obstacle to the license data itself. Everything is public and visible to everyone without having to spend money or tokens.
POE is the ERC-20 token used on the Po.et marketplace. As the network becomes more mature, the founders hope that POE can be the economic driver behind Po.et's need to promote quality. In total, more than 3 billion POE coins have been created. If you upload a unique media file to the Po.et platform, the file will have a unique digital 'fingerprint' that can not be changed due to the immutability of the general ledger.
House Financial Services Committee Will Continue Libra Review
Blockchain Will Integrate BitPay's Payments System For Wallet Payments
Bank of England Governor: Libra-Like Currency Could Replace US Dollar
Research Suggests Tether Sentiment Could Provide Chance for Manipulation
Australian Hacker Pleads Guilty to Stealing $450,000 in XRP Last Year
Price Analysis 23/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM
British Hacker to Hand Over $1M in Crypto for Phishing Attacks
How Facebook's Libra Has Been Influencing Crypto, Politics and Finance
Canadians Charged for $220,000 Bitcoin Scam on Twitter
Bitcoin Miners Are Heating Homes Free of Charge in Frigid Siberia
Bitcoin Advocate Becomes 'Nobody' to Run for New Hampshire Town Mayor
Craig Wright Again Claims Authorship of Bitcoin White Paper
US Charges Two Canadian Nationals Over Alleged $230K Bitcoin Fraud
UK Employee Explains Why He Chose a 100% Bitcoin Salary
Bitcoin Increasingly Bearish Despite Price Bounce to $10.2K
Circle Looks to Raise $100M for Its Equity Platform SeedInvest
Litecoin's Mining Power Has Fallen 28% Since Its Block Rewards Halving
Winklevoss Twins on Bitcoin: 'Wall Street Has Been Asleep at the Wheel'