James Drake, Founder and CEO of “Embermine” based in United States participates in Risk Roundup to discuss “Creative Content Collaboration using Blockchain technology”. Overview Nations: its government, industries, organizations and academia (NGIOA) are exploring blockchain to re-design numerous processes and systems. Creative content collaboration, is one of the system that is being re-defined and re-designed. So why are nations exploring alternate system for “creative content collaboration”? Why blockchain? While there are “digital rights management systems” available for enterprises to combat piracy, privacy and protection of sensitive and confidential documents, there is not much effective protection and security available for the common man–for individuals who want freedom, transparency, safety and security for their creation. In addition, for individuals to collaborate with others, within and across nations geographical boundaries, to produce creative content irrespective of cyberspace, geospace or space (CGS), we need a better system. With the advent of blockchain, a new wave of decentralization has become possible. In fact, it  has already begun. This wave of decentralizationis in essence giving hope and promise of individual freedom, safety and security to all forms of collaborations. So, what will be its impact? * How will blockchain change creative content collaborations happening at all levels, local/national and global? * How will blockchain prevent the separation of digital content creation from its creator? * What will a blockchain based tool or platform for “content creation and collaboration” look like? * How can we build an effective and credible ecosystem to help “content creators” and collaborators produce, protect, monetize, and manage their creations? * How can we enable more efficient and friction-less use of content where creators are rewarded appropriately? * How can we eliminate the role of middleman as blockchain takes over? * How will blockchain technology effectively prevent disputes? * How will blockchain based creative content collaboration system make it easier for collaborators to create work with information about “rights”, rights that are defined and described at the very beginning of the collaboration? * How can we see entirely new collaborations for solving complex challenges the world faces? * How can blockchain technology transform the “rights management” for creative works? * How can blockchain technology help monetization for individual creators’ creation on internet? * How can blockchain empower creators for collaboration? * How can we build an open ecosystem for creative content based on blockchain? * How can blockchain be useful for different industries? * How can blockchain bring back trust and transparency by eliminating the need for trusted third parties and intermediaries? * How can blockchain be used effectively in order to enable payments, collaboration and administration all at the same time? * How can regulators regulate and monitor the creative collaboration data in blockchain based system? * What regulatory challenges blockchain based creative content collaboration face currently? * What are the obstacles that needs to be overcome for the adoption of blockchain technology? Blockchain technology continues to redefine how nation: its government, industries, organizations and academia (NGIOA) need to operate in a digital global age. It is important to see whether the blockchain based creative content collaboration system be able to solve big problems. It is time to take a closer look at the blockchain technology for “Creative Content Collaboration”! While the potential of the blockchain technology is immense, and it can achieve big things and solve big problems; the fact remains that we n...