Lesson 10: Introduction to Blockchain and Digital Ownership

Vocabulary

  • Blockchain: A secure, decentralized digital ledger that records transactions across multiple systems, ensuring transparency and security.

Objective

Students will understand the basics of blockchain technology and how it can be used to establish ownership and authenticity for digital content, like the videos on the ReelTime platform.


Assignment

1. Read this Overview

Blockchain technology is changing digital ownership by creating permanent, secure records of transactions. Unlike traditional platforms, blockchain ensures authenticity, security, and transparency for digital assets.

How Blockchain Works:

🔹 Decentralized Ledger: Data is stored across many systems, making it more secure and tamper-proof.
🔹 Digital Ownership: Blockchain allows users to prove that a digital file (like a video) is unique and belongs to them.
🔹 Applications: Artists use blockchain to sell digital works as NFTs, and platforms use it to store authentic digital records.

📌 On the ReelTime platform, blockchain could be used to mint videos as unique digital assets, creating a permanent, verifiable record of the yearbook that is secure and shareable.


2. Your Task

Reflect on how blockchain could apply to your work. Write a 150–300 word explanation describing how you might use blockchain to showcase your videos or preserve your contributions to the ReelTime yearbook.

Consider These Questions:

  • Why is it important to prove ownership of your digital work?
  • How could blockchain enhance the ReelTime platform and the way we share memories?

3. Steps to Complete Your Assignment

1️⃣ Learn About Blockchain:

  • Research one example of blockchain in action (e.g., NFTs, cryptocurrencies, or digital certificates).

2️⃣ Write Your Explanation:

  • Use what you’ve learned to describe how blockchain might apply to your videos.

3️⃣ Prepare Your Response:

  • Get ready for class discussion or submission.

4. Reflection

Write answers to these questions:
What excites you about using blockchain for digital content?
How could blockchain protect the ReelTime yearbook from misuse or unauthorized changes?
What challenges might arise when using blockchain for video content?