To understand the complexity of digital rights management, or DRM, one must first understand the DRM challenges of current systems and then the challenges (and opportunities) presented by blockchain technology that prides itself on transparency, data linkage and immutability as some of the main characteristics that lends itself to the trust systems.
With Web 2.0, content creation and dissemination are via a platform that acts as an intermediary and, like any intermediary, has developed business models that monetize the avenues of content distribution, resulting data and metadata. Digital content (movies, images, music, etc.) can be replicated easily, and the platforms create economic moats and control mechanisms to access content with the complicated n-tier design of passwords, authentication, authorization and usage metering.
Over time, that has been exploited due to vulnerabilities of Web 2.0 technology that was designed for information dissemination. Web 3.0 based on blockchain systems, challenges this model by fundamentally changing the platform characteristics of Web 2.0-enabled platforms, as all constructs of Web 3.0 revolve around decentralized (or in some cases quasi-decentralized), design-led models and enforce fundamental tenets of trade (of digital assets), trust (enforced by protocol, i.e., consensus models) and ownership (claim on the asset).
The advent of Web 3.0 changes the fundamental computer models by decentralizing computer ones: storage and interconnection wrapped with an incentive economic structure that promotes participation and engagement and gives birth to a completely new platform of economic structure. In a true digitally-driven marketplace, the blockchain-powered network ensures that dynamic marketplace relationships and interactions are reflected in a systemic and intelligent way.
Related: How NFTs, DeFi and Web 3.0 are intertwined
As we design blockchain networks for industries, we see interesting new business models emerge, leading many organizations to rethink their current business models, the competition and the overall market landscape. This co-creation implies openness and the ability for participants to exchange data across the nodes that support the new wave of Web 3.0 infrastructure. This implies the storage of data, content and other treasured memes that are reflective of the digital community and peer-to-peer culture which is so intrinsic to blockchain-based ecosystems.
With these design and distribution tenets, how are “digital rights” managed on the blockchain with no clear standards around identity, access and challenges around interoperability? The blockchain system is fundamentally a transaction system, secured by a distributed computer for resiliency and efficiency, and the constructs of wallet (private-public key structure) provide a claim framework for digital assets secured by the transaction system. DRM simply cannot fit into the safekeeping of private keys with wallets or claims on the assets. While ERC-721 and ERC-1155 provide a nonfungible token (NFT) framework, it certainly does not provide systemic support and technological protection measures centric to a single platform.
Rethinking DRM for digital assets on digital ledgers
Revisioning DRM requires rethinking beyond access to data and content that can be copied and replicated. We need to start including the notions of value, ownership and claims as design imperatives. These design imperatives can be part of layer one, which would be systemic, or built on as a layer-two application or decentralized autonomous organization (DAO).
NFTs revolutionized the creative landscape for art, culture, music, sports and more, but the nature of digital content and the perils of such remain, and wrapping this tokenized representation with enciphered verification and a validation process guaranteed by the blockchain is not sufficient. That is, because these are confined to a single network and may need to use bridges to move the…
Read More: cointelegraph.com