Telecoms giant Huawei might be looking into using blockchain technology as a way to protect digital property rights, as indicated by its latest patent application.
The Chinese company’s application was released by the State Intellectual Property Office this week, reports CoinDesk, and outlines a new verification method that uses a peer-to-peer content distribution network powered by blockchain.
The system will work by only validating download requests on digital content after its matches private keys or licenses with the verification information.
Though only just released, the filing was first submitted in August 2016, and the patent has not yet been granted. This is the latest move towards blockchain-based systems from Huawei after it joined the Hyperledger blockchain consortium in 2016.