LKS Foundation

Business & Finanza

LKS Foundation

Business & Finanza

Copyright on social media with the LKSCOIN blockchain solution

2020-03-23 17:33:37

LKSCOIN brings the lost copyright rights in the world of social sharing directly to the hands of its legitimate producers

The copyright problem of online content that is published and continuously shared on social networks – the so-called file sharing – is solved by LKSCOIN, the social token for knowledge sharing using blockchain. 


Copyright on social networks: the need to reverse the trend

The continuous increase in the use of social platforms seems to be exasperating the market of author-users of online content such as posts, images, videos and stories, despite the fact that these platforms are a significant factor. 


In fact, if on the one hand sharing on social platforms leads to greater and faster popularity of the content itself, on the other, the legitimate content creators (the users of socials) could find themselves no longer able to keep track of their works to the point of losing them altogether.


A constraint that does not allow proper management of the continuous and exponential growth of demand for online content. 


It is no coincidence that, since they cannot track the user-author of content, social platforms are not even able to promote the correct encounters between users, even though they benefit and are continually enriched thanks to their participation and interaction. 


The LKS Foundation has identified this issue and designed LKSCOIN precisely to change this trend, using an innovative and easy-to-use tool that can be integrated into social platforms that are sensitive to copyright issues. 


LKSCOIN: the evolution of responsible social media

LKSCOIN wants to revolutionize social networks, allowing users-authors to never again cede any of their property rights or lose control over their content. How? 


For one thing, by using blockchain technology, which would make it possible to create a decentralized infrastructure where content owners and buyers can exchange digital content directly with each other without intermediaries.


Secondly, through the social token LKSCOIN, which is a cryptocurrency designed to have a significant impact on the Internet as it generates the ability to track and compensate content creators within socials, through payments and donations. 


LKSCOIN is designed to make social platforms more responsible by giving power back to users, both in terms of copyright and by distributing wealth among the most talented users. 


By educating end users of social media about their rights and possibilities, LKSCOIN is also the tool that directly allows users to access or give access to any type of digital content in any platform where it is present, maintaining all content copyrights for authors.


The new project will allow the use of social media in a completely innovative way, where both platforms and users will benefit together from the immense opportunity that the web offers. 


According to LKSCOIN, in fact, all this becomes possible by placing the user at the centre of the core business, so the same platforms can evolve, discovering and overcoming their current shortcomings.