Blockchain technology is currently experiencing an explosion. It is seeing an increase in usage as businesses and governments around the world start realizing its importance and potential power. Blockchain was originally created as part of the Bitcoin cryptocurrency and its surrounding network. This technology allows for non-repudiation of data, has no centralized control, and offers a great degree of transparency.
As you will see below, this has numerous benefits in the world of digital business. Blockchain technology is being used in various industries, but one sector that it is making real headway in is entertainment and media. The entertainment industry including film, TV, gambling, and music can really benefit from blockchain technology.
We are already witnessing a host of new businesses and ventures that are offering diverse blockchain solutions. Furthermore, many big corporations within the entertainment industry are also exploring its usage. Read on to find out how it is currently being implemented. [Continue reading]