Mediachain Raises .5m to Prevent You from Stealing Music and Images

Photo: Bloomberg One of the most annoying issues with publishing media on the internet is that sometimes you find something interesting online that you want to share in a forum or on social media, but you can’t tell the origin or the owner of the rights to it. In these cases you can either just skip the idea or post it anyway and hope that a digital rights management (DRM) lawsuit wont reach you one day. Now a group of blockchain experts are trying to offer a solution to this dilemma in the form of a technology that can trace all proprietary media. Mediachain Labs, a firm developing a decentralized universal media library, has raised $1.5 million in its latest funding round led by Union Square Ventures and also included: Andreessen Horowitz, RRE Ventures, Digital Currency Group,…


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