Baidu Totem

Sushubh

Administrator
[OP]
Oct 29, 2004
416,875
12,927
Gurugram
Chinese internet search giant Baidu has launched a blockchain-based stock photo service in bid to protect image intellectual property in China.

The service, called Totem, went online Wednesday and uses a blockchain to timestamp submissions of each original photograph from a user with a real-name identity and store data associated with the images on a distributed network.

With Baidu's existing capacity in internet data scraping and artificial intelligence, the platform says that, by comparing images that are circulated over the internet with data stored in a traceable blockchain, it would be able to substantiate allegations of intellectual property infringement.
图腾,让原创力释放
 

Sushubh

Administrator
[OP]
Oct 29, 2004
416,875
12,927
Gurugram
Baidu's Blockchain Photo App Launches With Its Own Token - CoinDesk

The firm announced on Wednesday during a press conference in Beijing that the photo sharing platform – called Totem – is now live and features a dedicated token called Totem Point, according to a local news report. The launch marks the first blockchain application to be released on Baidu's private XuperChain network.

Baidu said it will initially generate 4 billion Totem tokens with an annual inflation rate of 4.5 percent to encourage individuals and institutions to submit original photographs.