South Africa Begins Using Bitcoin to Fight Movie Piracy

For years, movie industry experts have been trying to find a way to reduce the number of pirated copies of movies on the Internet.

As soon as a movie hits theaters, the first pirated copies appear online. But that may be changing if South Africa launches a new anti-media technology to combat piracy .
Some South African film distributors offer rewards in the form of Bitcoin to bounty hunters who report leaked movies on the Internet. However, there are many more effective ways than the above idea.
If this action is successful in combating the producers of pirated movies, all preview copies will have a Bitcoin account number that identifies the recipient. Imagine this physical form that can be seen on the surface, but cannot be erased.
Electronic watermark.
Every time a movie is uploaded to a pirate network, bounty hunters can search for these Bitcoin wallets, which can send data about the recipients of the previewed movie to the Enemy Media Technology blockchain. For this reason, it is not surprising that Digital Currency Group took an interest in the project and participated in the company's second round of original funding.
Despite the project’s promise, it’s important to remember that the bitcoin startup is not out to crack down on movie downloaders. Problems like these must be addressed at the source, not those who end these products.
Fighting piracy would cost more than tracking down the people who downloaded the files. Instead, offering a Bitcoin bounty to individuals or groups who are responsible for making salvaged copies available on the Internet might be a good idea, although how the film industry would react to such ideas is unknown.