Copyright on the blockchain: scarcity as incentive for production or as concentration of wealth
This paper begins by exploring how private property is related to economic development, using an economic analysis of law approach, associating scarcity with the allocation of goods and its relation to efficiency. Perhaps the solution to the dilemma between universalized access and fair remuneration to authors can be found in the new technologies. Therefore, this paper brings some information about blockchain technology that, due to its characteristics, may be problem solving. Although legal and economic institutions that are prior to blockchain must provide guidelines so that this technology can be used to balance efforts and reward, maximizing incentives for productivity, but also ensuring fair competition and protection of public interest. Some of these institutions are analyzed in this paper, raising questions and maybe some answers about means and purposes of copyright protection in the blockchain era.