Blockchain In Media And Entertainment
Media and Entertainment Industry: Ripe for Blockchain Adoption
The media and entertainment industry is affected by the commoditization of content and ubiquitous piracy of intellectual property (IP). Today, media users have free access to digital content and most of them are hesitant to sign up for paid subscriptions for premium content. In addition, the industry is beset with co pyright infringements. The new consumption models and streaming subscriptions have contributed to only partial recovery of revenue leakage.
All these inefficiencies make the media and entertainment industry an ideal use case for blockchain adoption. Blockchain in media and entertainment can help with decreased IP infringement, provide greater transparency into who owns the content, and enable monetization of copyrighted assets through smart contracts.
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What Impact can Blockchain in Media Make?
The implementation of blockchain in media and entertainment can bring a significant change in the industry by enabling the following:
Power to Copyright Owners
Blockchain can eliminate the involvement of platform providers, content aggregators, and royalty collection associations significantly, thereby empowering the copyright owners.
Decentralized Payments
Blockchain can decentralize the collection of payments and advertising revenues. Payment transactions become cost-efficient and revenue distribution can be automated using smart contracts.
Greater Transparency
The decentralized nature of blockchain contributes to greater transparency of provenance of any asset. In addition, it facilitates tracking the lifecycle of the asset.
Why Choose us for Blockchain Development for Media and
Entertainment
By partnering with Internet Soft, you can rely on a team of technical experts with real-world experience creating success stories.
Technical Prowess
We exclusively work in Blockchain Technologies. We do one thing, and we do it well.
Expert Team
We have over 800 experts who help you refine your offering, suggest the best tech approach, and even help set up communities and campaigns.
Rapid Development
We offer customized blockchain services to deliver great products suited to your target audience. A coherent roadmap ensures smooth and accelerated development and deployment.
Complete Support
Our work does not end with the product launch. We provide extensive post-delivery services so that you can focus on your growth.
Meaningful Outcomes
We create a tangible impact. We make sure you see value from your investments.
