Saturday, March 17, 2018

Photochain - Revolution From Stock Photography

Photochain - Currently we are living in an innovative 3.0 web era that enables global human networks, with the help of high data availability and high data throughput. The use of blockchain technology allows peer-to-peer (p2p) systems to operate safely and securely, without the need for central authority. This technology opens new horizons for architecture and software applications. It provides a list of safe and verifiable transactions that are available to all users at any given time. With so-called Smart Contracts, blockchain ethereum technology opens the possibility to check for true compliance with digital deals using machines. Therefore, conditions for the settlement of smart contracts are met only if both parties have fulfilled their digital contract portion. Thus, the machine leaves no room for harmful interference. The Ethereum 'Solidity' language flexibility facilitates the adoption of many use cases, the use of which was recently considered a utopian.

With the Photochain p2p platform, we released a new concept as the next generation of stock photography platform. We use this technology to allow fair trade p2p between digital works between artists and buyers.

Thus, the specific usage requirements for this platform, ensuring a safe, uncomplicated and fair trading process for both parties. Moreover, the artist receives up to 95% of the final sale price.

Mission Of Project Photochain
Photochain provides a clear advantage over conventional photo stocks for both types of users: contributors and customers. Contributors in Photochain benefit from a very low cost - only 5% of the sale price. The opportunity to maintain 95% of the final sale price allows contributors to offer their jobs cheaper, and consequently the market becomes more affordable for customers. This type of fair market not only benefits the users, but should also benefit the photography industry as a whole, as the possibility of increased revenue contributes to better performing contributions.

This profound market change is possible only by using blockchain technology, Intelligent Contracting, machine learning and the user community of Photochain itself. Most processes become automated and decentralized, significantly reducing platform governance costs. It is undeniable that more and more stock photography contributors and customers will prefer to use Photochain.

The development of the Photochain platform is an ambitious and growing process organically. Our ultimate goal for this project is under three important branches:

1. P2P Markets - It is important to us that only the artists themselves can determine the value of their work and they are given the opportunity to offer their work to many potential buyers. Our platform provides this opportunity that is realized by using synergies from Blockchain technology and machine learning.
2. The Crypto Economy - The Photochain platform appeals to a wide audience that currently still has not adopted blockchain and cryptocurrency technologies. The use case of "Photochain" can attract this audience. The easy-to-use GUI and trading process facilitates the onboarding process and supports Crypto Economy becoming mainstream.
3. Photochain Digital Copyright Chain: DCC - As the project progresses, more artists will be able to strengthen their copyright using the Photochain platform, as their work will be tied to their name. This link is manifested as a transaction in the Ethereal block and therefore visible to all users at any time. This means the artist's ownership of the image can be accounted for. Databases with all tangible links have been built in a decentralized way.

Platform Photochain
With all existing stock photography platforms, the only way to secure transactional security is through central control. Compared to that, we created a platform that works independently, safely and efficiently based on established rules.

We are developing DApp Photochain in blockchain Ethereum. In addition, Photochain also uses computer vision (machine learning) to meet the requirements of certain stock photography technology.

Photochain DApp is a platform where artists have the opportunity to sell their work to a wide audience for the price they charge, and where the seller is also fully and responsible for the work they sell themselves. The Photochain team has no responsibility or responsibility for the illegal behavior of the seller. This means that the artist is responsible for the legality of the work he is selling, and is fully responsible for any illegal activity. Photochain however, will uphold the user's copyright protection, by preventing the sale of unauthorized photography.

Excellence Of This Platform:
1. Security - Blockchain enables secure and verifiable transactions for buyers and sellers alike. You can trust your safe work.
2. Decentralization - Digital work is encrypted and stored in a decentralized database. There is no primary business that controls the photography you upload.
3. Content - DApp will be used exclusively for photography trade. We use bots to ensure only acceptable content is listed.
4. Copyright - Your work is permanently associated with your identity across the blockchain. This and machine learning plus our active community, protect you from cheating.

Details of Token Sales
Tokens Sale Schedule March 25 - May 25, 2018
Purchase of Ethereum Token, Bitcoin, Litecoin
Price Token 5.882 PHT / 1 ETH
Total Supply Token 230.000.000 PHT

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