Over the last several years, it’s been impossible to ignore the disruptive force of blockchain technology. From banking and healthcare to energy and security, industry sectors across the board are hailing it as a revolutionary force that is capable of inciting massive change.
And it’s easy to see why.
At its core, blockchain eliminates the need for centralized platforms or middlemen, enabling immutable and transparent peer-to-peer exchanges.
Let’s take a look at the ways blockchain technology can impact ownership, global distribution, digital piracy, and royalties & revenue streams.
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The current model used by most Media & Entertainment companies to determine the pattern for revenue recognition for licenses will change drastically.
The rapid rise of digital entertainment has made rights management functions more complicated than ever before. With FilmTrack Financials, media & entertainment businesses can navigate today’s fragmented landscape with ease.