Blockchain Media Marketplace for Transparent Streaming Royalties

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Solution Overview

Problem

Existing digital media platforms fail to adequately compensate media content producers, lack transparency in streaming data, and make it difficult for less popular producers to get discovered, while users face challenges in finding their preferred content and paying subscription fees.

Innovation Solution

A blockchain-based system that records streaming history and pays media content producers through a royalty mechanism using a cryptocurrency token, ensuring transparent and accurate compensation based on actual streaming data.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Loss of energy

If third party entertainment libraries operate paid streaming services, then users can access media content, but media content producers are not paid adequately because the libraries retain a significant percentage of income

Engineering Contradiction:

Improveincome loss for media content producersVSAvoidintermediary library structure

Core Design Contradiction:

Loss of energyVSDevice complexity

Solution Approach 1:

The patent extracts the payment function from the intermediary entertainment library and transfers it directly to the blockchain system. The blockchain records streaming data and automatically distributes tokens to media content producers based on actual streams, eliminating the need for libraries to retain a percentage of income and ensuring producers receive full payment.

Inventive Principle:

Principle #2Taking out (Extraction)

Solution Approach 2:

The patent introduces a blockchain-based intermediary system that mediates between users and media content producers. This decentralized intermediary automatically verifies streaming data and distributes payments transparently, replacing the traditional library intermediary that withholds income while still enabling content access.

Inventive Principle:

Principle #24Intermediary (Mediator)

2Loss of information

If third party entertainment libraries operate streaming services, then users can access media content, but transparency is lacking as libraries do not provide streaming history data to producers

Engineering Contradiction:

Improvestreaming history transparencyVSAvoidreporting system structure

Core Design Contradiction:

Loss of informationVSDevice complexity

Solution Approach 1:

The patent implements a feedback mechanism where the blockchain automatically records and stores streaming data from each user session. This data is immediately available and transparently queryable by media content producers, providing real-time feedback on how their content is being consumed without requiring complex library reporting systems.

Inventive Principle:

Principle #23Feedback

Solution Approach 2:

The blockchain system serves multiple functions simultaneously: it records streaming data, verifies authenticity, stores historical information, and enables transparent querying by producers. This multi-functional system replaces the fragmented reporting structures of traditional libraries with a unified transparent database.

Inventive Principle:

Principle #6Universality (Multi-functionality)

3Ease of operation

If popular media content producers dominate the marketplace, then well-established producers gain visibility, but less popular producers cannot get discovered by target audiences

Engineering Contradiction:

Improvecontent discoverabilityVSAvoidvisibility distribution among producers

Core Design Contradiction:

Ease of operationVSQuantity of substance

Solution Approach 1:

The patent enables local quality differentiation where each media content producer can be evaluated and discovered based on their own specific attributes and streaming performance rather than being buried in a homogeneous list. The blockchain allows users to query and filter content by specific criteria, giving visibility to niche and less popular producers based on their unique qualities.

Inventive Principle:

Principle #3Local quality

4Adaptability or versatility

If users pay subscription fees for streaming services, then content providers receive revenue, but users face financial burden and limited access to diverse content

Engineering Contradiction:

Improvecontent access flexibilityVSAvoiduser payment requirement

Core Design Contradiction:

Adaptability or versatilityVSLoss of energy

Solution Approach 1:

The patent changes the payment parameter from fixed subscription fees to variable token-based payments. Users can access content by paying tokens proportionally to actual usage, and the blockchain's token inflation mechanism ensures content producers are paid through the system's inherent value creation rather than user subscriptions, making access more flexible and affordable.

Inventive Principle:

Principle #35Parameter changes

Data Source

PatentUS12413435B2Systems and methods for an online media marketplace

Publication Date: 2025.09.09 VERONA HLDG SEZC

AI summary

Systems and methods for a comprehensive online media marketplace are provided that increase the efficiency of media sharing between consumers and content producers. In one embodiment, a method comprising streaming media content from a streaming platform to a consumer device, creating a stream report for the media content based on a smart contract associated with the media content, wherein the smart contract identifies a media content producer of the media content, recording the stream report on a blockchain, issuing tokens based on a pre-determined rate of inflation, and distributing a portion of the tokens to the media content producer based on the stream report.