Sep 19, 2017 at 11:59 // News
Blockchain is becoming an essential tool in the development and decentralization of the film industry. This technology offers both film creators and the viewers the opportunity to maximize their resources by reducing production and accessibility costs respectively.
From filmmakers to consumers
Texas based blockchain company,
StreamSpace is creating a video marketplace that will incorporate cutting edge technologies like decentralized storage systems and blockchains to enable filmmakers set a price for their works and get paid immediately by consumers.
In essence, filmmakers are offered the opportunity to control their projects and achieve adequate compensation for their works since the system eliminates the need for middlemen in the form of major studios that have hitherto controlled a…
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