The Knowledge Summit 2017 explored the influences of the FourthIndustrial Transformation on the media and material business in a session titled "The Future of Creating Content", regulated by Frankfurt Book Fair Director Jrgen Boos and showcasing Stephanie Duncan, Digital Media Director at popular author Bloomsbury, and Marta Piekarska, Director of Ecosystem at tech firm Hyperledger.

" Books have been around for a long period of time," Stephanie Duncan said, "the invention of printing and publishing made knowledge available to the masses. Among the greatest additions brought about by the Fourth Industrial Revolution and the digital transformation is that it enabled self-publishing for the general public, which was just possible for an elite couple of in the past. This does bring forth a set of potential complications such as civil liberties complexities, determining who earns money for what, and so on"

Another challenge is the best ways to pick the best info from the large data offered in the digital sphere," Duncan proceeded. "Hereof, curation is key, and this is where I believe Blockchain could bring fantastic options. While I don't think Blockchain will certainly alter the means we write publications, the technology has additionally provided a good deal of advantages, where it has permitted us to share our components with readers, guarantee that our authors earn money and make sure books are authentic and not copies.

The session delved deep right into the future of media and content, consisting of multichannel, multimedia, multilingual and international web content, as well as imaginative expert system, asking if the smart machine is the "next genius. Moreover, the experts explored Blockchain technology and how it might interrupt the industry - positively or negatively.

" On the web, everyone shares their very own version of the truth, stated Marta Piekarska, "and this is just what triggered specialists to start seeking methods to develop a consensus on what is the actual proven fact. And this is basically exactly how Blockchain came to be: the innovation includes integrated systems that permit any type of modifications made to be shown for all stakeholders to see, thus ensuring trust and transparency."

As for just how it relates to knowledge, Piekarska cited as examples universities, governments and other establishments using Blockchain for accreditation and accreditation functions, in addition to copyright conservation. "We are already building options that permit us to protect the rights of content makers," she insisted, keeping in mind that the younger generations, who grew up with the internet appear to be much more ready to spend for the services they get online.

" Blockchain is a peer-to- peer system, as a result, as the name recommends, you need peers. This is why we constantly motivate collaboration among organisations that are seeking to take advantage of the innovation," Piekarska wrapped up.

The Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) holds this 4th version of the Knowledge Summit at the Dubai World Trade Centre on November 21-22, 2017, under the theme "Knowledge and Fourth Industrial Revolution. The Summit is arranged under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai, and the regulations of MBRF Chairman H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum.