Using block chain protocols for www micropayments and rights management

Hello RWW and Web Payments CG,

Can bitcoin-style block chain protocols support an alternative form of
intellectual property and personal data management? For example, whenever
we create social media content or provide personal data, our
authorship/ownership of that digital material and the publishing
transaction might be documented via some block chain protocol. Besides a
"timestamp" any thing we post might get an automatic "authorship" stamp
(and optionally an ownership rights stamp) that would follow that data
forever.

What about a similar approach to micropayments?

Both of these applications would beg the question, what is the minimal
viable block chain for the level of security required -- becuase the number
of transactions might be in the billions per day.

PR