Adobe is launching another option for Photoshop. With this new system built into Photoshop, Adobe wants to go against NFT art theft with Content Credentials. One of the most important functions within the system is that it can prove if the person selling a NFT, also made the NFT. This is called Content Credentials. NFT-sellers who also made the NFT can link their crypto wallet with the Adobe ID. This allows compatible NFT-marketplaces to prove the authenticity of the art.
Prepare as NFT
Scott Belsky, the chief product officer of Adobe, reportedly said in an interview that this function will be installed into Photoshop with a ‘prepare as NFT’ option. This functionality will launch by the end of October. Belsky also said that the attribution data of the Content Credentials will be hosted on a decentralized system called IPFS. With IPFS, several people within a network are in charge of the safety and availability of the data. Big NFT-marketplaces like Rarible and Opensea will be able to show the attributes’ information of Adobe.
Art theft is a major problem in the NFT world. There have been many cases where people mint NFTs without creating it or having the rights to it (on the blockchain). This is possible because anyone can mint an NFT, even though they have no rights to it.