Napster creator unveils new company
Snocap (founded by Napster's Shawn Fanning) has developed technology that can identify digital music tracks shared across the internet and create a system to collect royalties on behalf of copyright owners.
Hey, that sounds Cool! No illegal file swapping anymore, eh ? If only Snocap can sneak behind .torrents/ares of the worlds and actually stop swapping from happening...as I realised, thats a BIG if. To make snocap work, users would need to use p2p service that work with Snocap as stated here "It was understood that a new file-swapping service called Mashboxx, expected to launch in January, would be the first peer-to-peer (P2P) network to harness Snocap's technology."
Grrr...why would someone use Mash* if he/she/it can get ripped music off Bit torrent in the first place !?
Moral of the story: Cool nothing. p2p will continue to grow leap & bounds & bleed the music industry (as seen on TV) to death.
[EDIT] I realised the BigDaddy of Blogs Slashdot already covered it.
Friday, December 03, 2004
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