Creative Commons offers the tools by which people and companies can legally share their work with others while still abiding by copyright laws.  The point of Creative Commons is to allow people to build on each others’ work while still giving just credit where credit is due.

One example of CC usage is ClearBits.  ClearBits was known until March 16, 2010 as LegalTorrents, which pretty much sums up the function of the company.  ClearBits is creating a torrent community where all the media uploaded is 100% legal and licensed using Creative Commons.  This is an interesting contrast to most torrent sites which offer illegal content up for download.

The problem with most torrent sites up until now is that there hasn’t been an easy way to license your own media.  The utility of Creative Commons is that it provides a means to license a work of art (music, pictures, videos, etc…) while still allowing others to modify and improve on their work.