decentralized stock-photos marketplace based on blockchain
for European startup


We developed a photo marketplace platform with blockchain licensing which through decentralization
reduces fees by multiple of 10 making this market again profitable for smaller players.

CLIENT:

Photochain (PHT)

PROJECT DURATION:

June 2018 – July 2019

CLIENT’S WEBSITE:

https://photochain.io/

PROJECT SCOPE:

Decentralized stock-photos marketplace

ABOUT PROJECT

Photochain is a game-changing solution in the stock photography marketplace. The main idea behind the project is to enable all contributors to have control of all aspects of their work: price, copyrights and licensing of their works.
business challenges

BUSINESS CHALLENGE

Photochain was looking for reliable technological partners experienced in blockchain development, who could help in advancing their platform to the market. The goal has been to bring innovation into photo stocks market and eventually become the leader.
business solution

BUSINESS SOLUTION

We co-developed a web platform serving a photo stock marketplace offering low fees and fast transactions between parties. The current competition does not offer the aforementioned benefits, putting heavy fees on users. Photochain is the first of its kind to include a reliable and durable license system based on blockchain. Every transaction leaves a trace on the Ethereum blockchain and is unchangeable, meaning a user gains a solid public proof of what she/he bought and owns. In order to attract users with large photo base, platform includes a user friendly mass upload functionality, enabling an effortless transfer of their existing portfolios.

business challenges