Microsoft, Alibaba and a cluster of experts including two research Universities are seeking to launch an anti-piracy campaign called Project Argus which will be hosted on Ethereum’s public blockchain platform.
The research paper describes Project Argus as a fully transparent incentive system that will consolidate the varied interests of all parties involved.
Citing details from the report, Project Argus makes huge economic sense, is not based on any “trusted” role and will correct all foreseeable conflicts beforehand.
Project Argus is built on four pillars, namely: full transparency, incentive, information hiding and optimization.
“our model is superior to previous models because of several other properties for better incentives a section of the study explained.”
Ethereum’s public network has in the past served as a critical component in providing blockchain solutions to real-life problems.