As a next step toward responsible decentralization of the Algorand network, Silvio Micali and Jing Chen share a proposal for further decentralizing Algorand Governance


Supply Chain, Infrastructure, Government / Public Sector

About SIAE

Founded in Milan in 1882, SIAE (Italian Society of Authors and Publishers) is a public economic institution and membership base for the management of copyright, ranked sixth in the world ranking of companies collecting, as confirmed by the data of the Global Collections Report 2018, published by CISAC (Confédération Internationale des Sociétés d'Auteurs et Compositeurs). Every year SIAE releases more than 1.2 millions of licenses for the use of works protected by it, guaranteeing payment to authors and publishers the right compensation for their work. SIAE also supports the Italian cultural and creative industry with economic contributions for numerous artistic initiatives, and it is at the side of various social activities and solidarity.

How SIAE is using Algorand

SIAE is leveraging Algorand for the development of a new open ecosystem for copyright management that is made possible with Algorand’s high performance blockchain platform. SIAE had previously initiated the project on Hyperledger, but has shifted to the Algorand platform due its decentralized by design and scalable performance. Algorand's PPoS protocol that guarantees decentralization, scalability and security, making it particularly suitable for reliable management of all metadata and transactions necessary for proper rights management. The collaboration between SIAE and Algorand will allow the evolution and strengthening of tools and services for copyright management to create new open and accessible solutions, further improving efficiency and intermediation activity.

Copyright, SIAE with Algorand for more efficient management thanks to the blockchain

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