Blockchain Content Sharing and Creation System Study Guide

Blockchain Content Sharing and Creation System Study Guide

Quiz

Based on the source material, what challenges does the content industry face?

What is the function of the content sharing and creation server proposed in this invention?

What does the user's account information in the blockchain network include?

Briefly describe the role of smart contracts in this system.

What role does the project management module play in the content sharing and creation server?

How does the content sharing and creation server help producers find suitable team members?

What role do tokens play in the financing process of content production?

Describe the function of the second smart contract.

Explain how content revenue is distributed among investors.

How does the third smart contract ensure the reasonable use of investment funds?

Answer

The content industry faces challenges such as amateur producers' difficulty in obtaining production resources, high-quality content's difficulty in reaching consumers, and opaque distribution of content revenue.

The content sharing and creation server provides a platform that enables producers to find team members, obtain investment, and distribute content while ensuring transparency of all processes.

The user's account information in the blockchain network includes private keys and public keys. The private key is used to generate transactions, while the public key serves as the user's account address.

Smart contracts are predefined protocols that automate processes such as content production, investment, and revenue distribution.

The project management module is responsible for managing information related to the producer's project, such as generating project IDs, managing team member lists, and project progress.

The content sharing and creation server analyzes the user database based on project information and recommends suitable team members to the producer.

Tokens are used as a medium for investing in content production. Investors can exchange cryptocurrencies for tokens and receive content revenue based on the token shares they hold.

The second type of smart contract defines the rules of crowdfunding, such as token price, financing period, target amount, and contract account for storing funds.

Content revenue is converted into cryptocurrency and distributed to investors' accounts in proportion to the number of tokens they hold.

The third-party smart contract stipulates the agreement to pay funds based on the progress of the project. Only when investors are satisfied with the progress of the project will the producer receive the next stage of funds.

Thesis title

Discuss how blockchain technology can solve the challenges in the traditional content industry structure and use this invention as an example.

Analyze the functional modules of the content sharing and creation server and its role in promoting the content production ecosystem.

Detailed description of the four smart contracts used in this invention and explain how they work together to ensure transparency and security throughout the content production and distribution process.

Compare and contrast the advantages and disadvantages of this invention with traditional content financing models from the perspectives of producers and investors.

Explore the impact of this invention on the future development of the content industry and analyze its potential advantages and challenges.

Glossary

Term Definitions Blockchain network A distributed database that uses cryptographically linked blocks to store data. Smart contract Code stored on the blockchain and automatically executed when specific conditions are met. Cryptocurrency A digital or virtual currency that uses cryptography to ensure transaction security. Token A digital asset that can be issued and traded on a blockchain network. Content Sharing and Creation Server The central server used in this invention to connect producers, investors, and consumers. The Project Management Module is responsible for managing project information (such as team members and progress). The Contract Management Module is responsible for generating and managing smart contracts. Crowdfunding A model for funding a project by raising funds from the public. Escrow Agreement A third-party agreement used to securely hold funds during a transaction until predetermined conditions are met. Content Revenue Income generated by selling or distributing content.