#blockchain meets the #film Industry: beginning of a new Avatar
▻https://hackernoon.com/blockchain-meets-the-film-industry-beginning-of-a-new-avatar-694dc623ede
While blockchain technology was initially seen for its revolutionary way of handle financial transactions, it can be used for far more. The buzz surrounding blockchain technology and its potential to improve, disrupt or transform the film business has reached a new heights.The blockchain, a decentralised digital ledger that offers a way to verify and record transactions over a secure, encrypted platform as per the early adopters, will deliver much-needed transparency to all types of businesses. What’s more interesting is how blockchain tech connects itself to other industries, like entertainment. As a decentralized ledger, the blockchain aims to democratize oversight over digital assets, increase transparency and reduce transactional friction.That means blockchain tech can potentially (...)