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Weekly News Digest

June 28, 2018 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITI’s Twitter account: @ITINewsBreaks.

CLICK HERE to view more Weekly News Digest items.

Microsoft to Use Blockchain Technology for Improving Royalty Payments

Jeff John Roberts writes the following in FORTUNE:

Microsoft announced an ambitious plan … to collect royalty payments for authors, software developers, and other creators using blockchain technology, which creates a tamper-proof record system across multiple computers.

The project aims to streamline the current process of tracking and collecting copyright payments, which has long relied on a series of middlemen, and which critics say shortchanges creators.

Microsoft says it will begin deploying the blockchain tool in its vast online gaming system, working with partners like video game giant Ubisoft to implement it. But the company says it views the technology, which it designed with consulting firm EY, as appropriate for any creative industry.

For more information, read the article.

Send correspondence concerning the Weekly News Digest to NewsBreaks Editor Brandi Scardilli

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