DigitalPreservationEurope has released a briefing paper on UMID—Unique Material Identifier
Here's an excerpt from the announcement:
A Unique Material Identifier (UMID) is a special code that is used to identify audiovisual (AV) materials. The UMID is a core component in tagging AV content to enable its reliable access and tracking, especially in networked storage, production and dissemination systems. Its purpose is to provide unambiguous identification of material through the production and emission chain, as well as to make possible the reliable linking of essence with its metadata. The UMID is a locally generated and globally unique identifier, standardised by the Society of Motion Picture and Television Engineers (SMPTE), and presents a key component in digital media asset management systems.