EU Intellectual Property Office: Bitcoin Hinders Anti-Piracy Efforts
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EU Intellectual Property Office: Bitcoin Hinders Anti-Piracy Efforts

THELOGICALINDIAN - The European Unions Intellectual Property EUIPO appointment has declared that Bitcoin and Tor can adumbrate the gain of abomination and arrest antipiracy efforts

Also read: Tor Project Enlists Security Researchers to Counter FBI Snooping

Bitcoin & Tor Threaten EU’s Anti-Piracy Efforts

According to EUIPO, which afresh appear that they are europolworking with Europol on a new anti-piracy effort, Bitcoin and the Tor arrangement are two key threats to their advancing anti-piracy efforts.

This, forth with 25 altered business models pirates use, were the focus of a report that was afresh appear by EUIPO.

The cardboard speaks of a all-inclusive “shadow landscape” that was created to illegally accomplishment bookish acreage in abounding means and holds up both Tor and Bitcoin as arch technologies enabling the advancing infringements.

The address reads:

Business Models Using Tor & Bitcoin

While about every one of the 25 actionable business models the report TORinvestigates use Tor to some degree, Bitcoin is alone mentioned in about bisected of the models, and some of those carefully for accepting donations.

Including the detailed, full-page addition to Bitcoin, the certificate mentions the cryptocurrency over 50 times, best of which are as allotment sources for their business profiles. Some of these are as simple as accepting bitcoin donations on torrent sites, while others are as adventuresome as aphotic web weapon marketplaces. Pay-for-content download libraries and affected appurtenances marketplaces are added above examples.

Why Bitcoin is a ‘Threat’

Bitcoin’s inherent threat, according to the report, is that affairs can’t be calmly angry to an alone in the absolute world. This botheration is a bad one for the EUIPO since absorb administration is usually based on the action of afterward the money.

“There are no accessible annal abutting Bitcoin wallet IDs with claimed advice of individuals,” it explains. “Because of these Bitcoin affairs are advised semi-anonymous.”

bitcoinThe abstraction abaft this abode and the new Intellectual Property Crime Coordinated Coalition (IP3C) were launched by EUIPO and Europol beforehand this ages to abode these “threats” added effectively. EUIPO claims that “The abstraction will accommodate added compassionate to policymakers, civilian association and clandestine businesses. At the aforementioned time, it will advice to analyze and bigger accept the ambit of responses all-important to accouterment the claiming of all-embracing online IPR infringements.”

EUIPO fabricated it bright that they are carefully afterward this trend back it makes it added difficult for them to action piracy and alike counterfeiting online. Back so abounding business models listed in the address adopt Bitcoin, the address confirms the long-held angle that Bitcoin does absolutely accommodate bigger anonymity compared to acceptable money.

Do you anticipate Bitcoin and TOR arrest the EU’s piracy efforts? Let us apperceive in the animadversion area below.

Images address of USAToday, torproject.org, European Union