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Video creation, transmission and consumption trends around the world are undergoing major disruptions. Differences between print and digital media, video games and sports, wireless and fixed Internet access, pay-TV and Over-The-Top (OTT), social and traditional media are blurred.For consumers all over the world, entertainment has become more of a necessity. It provides the gate to happiness and pleasure during the instant respites that people receive in this rapidly developing world. Not surprisingly, the entertainment and media industry brings in more than $ 2 trillion in annual revenue worldwide. The USA (750 billion dollars), China (190 billion dollars) and Japan (157 billion dollars) are world leaders in the E & M markets.
Production houses and studios that once conquered the E & M landscape are now looking impatiently at relentless, aggressive and ambitious online streaming providers like Youtube, Netflix, Prime Video, etc. – Video content in the last decade has caused a noticeable shift in the balance of power. While online and offline content providers are competing for control, consumers are the only beneficiaries with unprecedented content choices. But is a sustainable option to change control from oligopolistic studios and producers on like-minded video platforms? Or there is a better option that raises the expectations of consumers of content and at the same time rewards them for watching and watching videos.It also maintains a reliable, transparent and equal relationship between the content provider and the content creator. The answer to this is certainly positive.
The entertainment and media industry is subtly ready to experience the destruction of the blockchain and use the pragmatic use of cryptocurrency. Existing greed-based business models in the online video industry are facing a major obstacle with the advent of blockchain-based video platforms that will bring control back to the hands of users who feed viewers and creators of the entertainment economy. The flickering and twinkling of the entertainment industry of past years can be brought back with the glow of modern technology.
Important features
One of the features that I like about this platform is that the download will be user friendly. We all agree that blockchain is not the most affordable technology used by grandparents, and these types of platforms are needed to simplify work for older people, children, and technology ignorant.Although ignorance of technology is no longer a good excuse, the presence of such user-friendly platforms is suitable for adopting the blockchain.
The data is very safe, since the blockchain keeps all data fragmented at different nodes around the world. Even someone gets your information on one of the computers; Your data will still be safe, because on a hacked computer there will be only a piece of data, and it will not make sense to the hacker. In addition, copies of the data will be located on different computers, which will make it impossible to hack, change or change the data if you do not transfer your private key to third parties. This technology makes not only your data, but also your reputation as safe as possible with the help of modern technology, which is a blockchain.
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Author : Cing ciripit
 
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Cing Ciripit

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