Streaming video piracy is by far the largest part of that, with over 80% of all piracy due to illegal streaming. Online piracy is expected to produce more than $50 billion in revenue losses by 2022.
For communications service providers (CSPs), the consequences of piracy include illegal streaming of unlicensed video and TV. We must go beyond current solutions that concentrate on single-factor authorizations and also leverage device verification.
Intellectual property fraud
License verification for user, device, and content
Enhanced intellectual property protection
Assured verification and distribution of artist revenues
UCID can significantly reduce illegal streaming by providing a three-factor verification that the user, device, and content has been properly licensed.
User licensing is verified through our $DigitalNames infrastructure while device usage authorization is verified using UCID.
When a device is registered on the UCID blockchain, digital signatures of all installed software are also recorded on the blockchain. This data is used to check the NIST National Vulnerabilities Database for open vulnerabilities or required cybersecurity remediation.