eLiberation is a two-year-old Internet software company that uses its "relational micro-transaction technology" to offer streaming and downloadable file tracking, reporting and revenue allocation. Its Integrated Peer Commerce System (IPCS)provides digital content owners with a method of commercializing the distribution of their digital media within a peer-to-peer environment ("superdistribution"), that includes: high volume micro-payments, royalty tracking and revenue distribution, content distribution control, protection of intellectual property and copyrights, marketing control and back-end reporting. IPCS is made up of three smaller services/mechanisms: a Financial Transaction Management (FTM) tracking and reporting service, a Digital Rights Management (DRM) access control mechanism that allows publishers and artists to manage their own intellectual property rights and Rich Information Files (RIF) that enable new marketing opportunities to be provided at the point of sale by allowing value-added sales and marketing information to be included along with the digital content distribution.
eLiberation's first commercial implementation of its Financial Transaction Management model is ePilot.com, a cost-per-click search engine that pays its members to search for information using the company's patent-pending ePilot application. The ePilot site performs
over 3 million micro-transcactions every day. eLiberation has also partnered with Groove
Networks to provide a branded version of its FTM software to Groove's File
Date Listed: 06/08/2001