The organization behind the JPEG picture format believes blockchain could be used to verify images and flag fakes and image theft.
The Joint Photographic Experts Group (JPEG) said blockchain has “great potential” as the basis of a system that would use a combination of encryption, hash signatures and watermarking in an image’s metadata to protect copyright. JPEG however said it would continue consulting with industry figures before moving any further with the plan in order to get the facts right.
Following the boom in the blockchain industry as more and more tech giants keep porting to blockchain technology, the innovation will soon be a house hold name in firms around the globe. Remember that LinkedIn rated Blockchain as one of the most sort and paid jobs on the platform.
Image Credit – SteemIt