BAY HARBOR ISLANDS, FL / ACCESSWIRE / October 4, 2022 / American Films, Inc. (OTC PINK:AMFL) (“AFI” or the “Company”) today announced that it is developing a website that offers blockchain registration for copyright owners. Using a subscription-based model, the site will allow content creators to protect their intellectual property (IP) by registering on the Solana-based blockchain, with plans to add Ravencoin and other crypto platforms based on benefits. In addition, the site will offer data monitoring and register evidence support for copyright infringement through the company’s subsidiary, Facterra. Facterra can then refer IP owners to turnkey solutions to combat the recorded piracy incidents and potentially recover damages. This unique offer gives IP owners an opportunity to register as joint plaintiffs and be represented by various nationwide law firms against cable and internet service providers at no cost.
“AFI is proud to be a global trust and risk mitigation partner for copyright owners,” said Geoff Lee, President and CEO of AFI. “This new service offering will provide revenue growth opportunities for the company and support copyright owners in the fight against digital fraud,” Lee added.
“Blockchains are perfect for timestamping and proof of existence, but I’m excited to help American Films, Inc. take advantage of the provenance features only found on the open source Ravencoin platform,” said Tron Black, President of the Ravencoin Foundation. “The DNS-like name registration system built into Ravencoin allows for a proof-of-origin capability unmatched in the blockchain space,” Black added.
The company expects the blockchain registration website to go live before the end of calendar year 2022.
About American Films, Inc.
American Films owns, develops and acquires intellectual property, which it seeks to monetize at premium rates through proprietary technology, rights enforcement and digitization of assets. Its unique proprietary processes and technology include FACTERRA, an online evidence collection program that identifies instances of copyright infringement and allows American Films and others to enforce intellectual property rights. American Films supports the creative process and protects intellectual property in the film and music industries. For more information, visit https://americanfilms.us/.
American Films Media Contacts
Tom Murphy
(508) 579-4716
[email protected]
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SOURCE: American Films, Inc.
