You are here

Brooklyn blockchain startup acquired by Spotify

Mediachain uses neural network software to detect when stuff online has been altered. It helps original creators get their due credit.

Mediachain announced Wednesday it has been acquired by music streaming giant Spotify for an undisclosed amount.

The startup developed proprietary neural network software called the Mediachain Indexer Core to spot the signs of the alteration of images and songs online in an attempt to get proper credit for the content’s original creators. It then took that information and displayed it in a searchable database, built on a blockchain, so that the information would be decentralized and not able to be tampered with.

Read Complete Article