LONDON–(BUSINESS WIRE)–BLUECOAT (Bluecoat.io),
an enterprise blockchain solution for digital rights and royalties
management, is attracting interest and investment from the media and
Backed by world-class investors and supported industry
leaders, Bluecoat’s mission is to be the underlying architecture for the
future of intellectual rights management and payments.
Bluecoat was established by a group of researchers, technologists, media
executives and creative artists together in a joint effort to
integrate intellectual rights protection, transparency and royalty
distribution with blockchain technology. “The integration of blockchain
technology into digital rights industries is inevitable. Any time you
have a situation where there is a network of people where trust is an
issue, that is a great use case for a blockchain and a
landmark opportunity for Bluecoat,” said Itai Schweitzer, Vice
President at Bluecoat.
As of December 5th, 2018, Bluecoat and its parent have raised over $20
million in funding from influential artists such as Nicki Minaj, Tiesto,
and will.i.am, to more traditional private and institutional investors.