Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is it possible to do license-only transactions on PaySwarm?

0
Posted

Is it possible to do license-only transactions on PaySwarm?

0

Yes, it is possible to transact only licenses on the PaySwarm network. This is useful when the data is readily available, but a special license must be acquired for a different use of the data. For example, if a videographer purchases a song for personal use and then they find a use for that same song in one of their videos. A separate license for use in a video could be negotiated and purchased using PaySwarm. Alternatively, if a CAD file is purchased for manufacturing but the license dictates that each manufactured item have a unique serial number assigned to it, the license could express a digitally signed, unique serial number that would be embedded in the manufactured part (such as through an RFID tag).

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123