Digital Rights Management

Definition ∞ Digital Rights Management (DRM) refers to technologies used to control access to copyrighted digital content and restrict its usage after sale. These systems are designed to prevent unauthorized copying and distribution, thereby protecting the intellectual property of creators and publishers. In the digital asset space, DRM principles can be applied to NFTs and other tokenized media to define ownership and usage parameters.
Context ∞ The application of Digital Rights Management within the realm of digital assets, particularly NFTs, is a significant area of discussion. Debates focus on balancing creator control with user ownership rights, the enforceability of on-chain DRM, and the potential for new monetization models for digital content. Future developments will likely involve more sophisticated smart contract-based DRM solutions that enable granular control over digital media, facilitating new forms of licensing and revenue sharing for artists and intellectual property holders.