Media licensing method and system using blockchain

A system, comprising:

• a media processing server;
• a fingerprinting system;
• one or more content databases;
• a first linked ledger;
• a second linked ledger;
• a third linked ledger;
• at least one processor;
• and
• memory storing instructions that, when executed by the at least one processor, cause the system to:
• receive, at the media processing server, media content from the source, the media content being user-generated and including derivative works of existing media content;
• identify, based at least in part on the finger printing system that analyses one or more of an acoustic or a textual property of the media content, one or more segments of the media content using one or more content databases, the one or more segments associated with different rights holders;
• determine, based at least in part on the finger printing system and the one or more content databases, a first type of asset for the one or more segments of the media content, the first type of asset corresponding to a first rights holder, and the first type of asset associated with a first right of a set of rights less than a full set of rights for the one or more segments of the media content;
• determine, based at least in part on the finger printing system and the one or more content databases, a second type of asset for the one or more segments of the media content, the second type of asset corresponding to a second rights holder, the second type of asset associated with a second right of the set of rights less than the full set of rights for the one or more segments of the media content, and the first right being different from the second right;
• determine, for a mixed asset including the first type of asset and the second type of asset, an estimate associated with a cost for incorporating the first type of asset and the second type of asset into the mixed asset;
• receive confirmation, from the source of the media content, associated with the mixed asset corresponding to an acceptance of the estimate associated with the cost;
• determine, for the first rights holder, an associated address for a first rights holder wallet in one or more blockchains;
• transfer the first type of asset, from the media processing server, to the first linked ledger as a first digital token including both the first type of asset and a first private key, the first type of asset immutably stored on one or more blocks of the first linked ledger corresponding to the first rights holder wallet authenticated using a first public key corresponding to the associated address for the first rights holder wallet, wherein the first private key and the first public key are part of a first key-pair generated for the first digital token;
• determine, for the second rights holder, an associated address for a second rights holder wallet in the one or more blockchains;
• transfer the second type of asset, from the media content processing server, to the second linked ledger as a second digital token including both the second type of asset and a second private key, the second type of asset immutably stored on one or more blocks of the second linked ledger corresponding to the second rights holder wallet authenticated using a second public key corresponding to the associated address for the second rights holder wallet, wherein the second private key and the second public key are part of a second key-pair generated for the second digital token;
• provide confirmation of the first type of asset stored on the first linked ledger and the second type of asset stored on the second linked ledger;
• create the mixed asset including the first type of asset, the second type of asset, and metadata for the mixed asset, the metadata including a combination of private metadata and public metadata associated with one or more rules set by the source of the media content for the mixed asset, the private metadata including a first set of rules accessible by a restricted set of users authorized to access the first set of rules and the public metadata including a second set of rules, and at least a portion of the first set of rules is different from at least a portion of the second set of rules;
• transfer the mixed asset, from the media content processing server, to the third linked ledger as a third digital token including both the mixed asset and a third private key, the mixed asset immutably stored on one or more blocks of the third linked ledger authenticated using a third public key corresponding to an associated address for the third linked ledger, wherein the third private key and the third public key are part of a third key-pair generated for the third digital token;
• provide confirmation of the mixed asset stored on the third linked ledger;
• determine usage of the mixed asset in accordance with the one or more rules associated with the metadata in the third digital token, based on captured usage and consumption data of the mixed asset recorded by a digital streaming provider;
• identify the respective associated addresses for the first type of asset in the first digital token stored in the first linked ledger and the second type of asset in the second digital token stored in the second linked ledger;
• and
• update the one or more blocks for the first type of asset stored on the first linked ledger and the one or more blocks for the second type of asset stored on the second linked ledger based, at least, on the usage of the mixed asset recorded by the digital streaming provider.

A computer-implemented method for processing media content, comprising:

• receiving media content from a source, the media content being user-generated and including derivative works of existing media content;
• analyzing, via a finger printing system that identifies one or more of an acoustic or a textual property of the media content, the media content to identify portions of the media content associated with different rights holders;
• determining, based at least in part on the finger printing system, at least one asset of a set of assets associated with the identified portions of the media content, the at least one asset having a rights holder different from a user associated with the source and different from at least one rights holder of another asset of the set of assets;
• transferring information related to the at least one asset to a first digital wallet in one or more blockchains, the information being immutably stored within the first digital wallet as a first digital token including both the at least one asset and a first private key, wherein the first digital token is authenticated using a first public key corresponding to a first address of the first digital wallet, wherein the first private key and the first public key are part of a first key-pair generated for the first digital token;
• creating a mixed asset including the set of assets and mixed asset metadata, the mixed asset metadata including private metadata and public metadata for one or more rules set by the source and associated with the mixed asset, the private metadata including a first set of rules accessible by a restricted set of users authorized to access the first set of rules and the public metadata including a second set of rules, and at least a portion of the first set of rules is different from at least a portion of the second set of rules;
• determining, for the mixed asset including the set of assets, an estimate associated with a cost for incorporating the set of assets into the mixed asset;
• transferring, responsive to a receiving a confirmation from the source associated with the estimate, information related to the mixed asset to a second digital wallet in the one or more blockchains, the information being immutably stored within the second digital wallet as a second digital token including both the mixed asset and a second private key, wherein the second digital token is authenticated using a second public key corresponding to a second address of the second digital wallet, wherein the second private key and the second public key are part of a second key-pair generated for the second digital token;
• determining usage of the mixed asset recorded by a digital streaming provider in accordance with at least some of the one or more rules based on captured usage and consumption data of the mixed asset recorded by the digital streaming provider;
• and
• updating the information related to the at least one asset in the first digital wallet based, at least, on the usage of the mixed asset recorded by the digital streaming provider.