Blockchain and Smart Contract Based Approach to Mitigate Software Piracy

Most of the software vendors lost their expected revenue because of the pirated software. Not only economic losses but also they face numerous kinds of problems including reputation damage. Software users are also facing a number of issues because of pirated software including legal issues because of the break of copyright protections. The aim of this research is to introduce blockchain and smart contracts-based approaches to mitigate software piracy. Software piracy remains a pervasive challenge in the digital landscape, prompting the exploration of innovative solutions to protect intellectual property rights. This research proposes a novel approach leveraging blockchain technology and smart contracts to mitigate software piracy. The proposed platform allows users to download and install software securely, with every transaction meticulously recorded on the blockchain. Through the immutability and transparency inherent in blockchain, a tamper-resistant ledger ensures the traceability of software transactions. Smart contracts, embedded in the platform, enforce licensing agreements, providing an automated and decentralized mechanism for software distribution. The integration of blockchain and smart contracts not only fortifies software protection but also introduces a transparent and auditable ecosystem. This research contributes to the discourse on combating software piracy by harnessing the power of blockchain technology, offering a robust and decentralized solution for safeguarding intellectual property in the digital era.