Up to now, it is not yet well known what technical standards blockchain technologies must meet to produce the legal effects of electronic time validation. However, it seems that in the near future, Italians will need blockchain to carry out digital notarization and copyright protection.
The Italian Society of Authors and Publishers (SIAE) obtains the first place in the ministry of economic development (MiSE) rankings with a project dubbed "Copyright management on 5G networks with Blockchain." The ministry is trying to fund and support disruptive technologies including smart contracts, DLT, cryptocurrency, artificial intelligence (AI), internet of things (IoT).
The Italian government is trying to bring about inventions related to Blockchain and distributed ledger technologies (DLTs) that are mostly software and concern systems aimed at improving the functionality and reliability of networks such as enhanced authentication systems and communication protocols, and the efficiency of hardware incorporating these technologies like algorithms.
Blockchain technology is finding applications in the field of copyright, both with regard to the protection of the ownership of Intellectual Property (IP) works and for their exploitation for economic purposes. In these contexts platforms such as Tutelio arise on one side and DTube on the other.
The issue of content piracy is probably the most frequently mentioned problem in today’s digital world. While often referred to as a victimless crime, piracy strips copyright holders of billions of dollars yearly.