Overview
Blockchain technology is revolutionizing the media industry by providing solutions to long-standing issues such as copyright infringement and inefficient distribution. By leveraging decentralization, smart contracts, and tokenization, creators can gain more control over their work and ensure fair co...
Key Terms
Example: Bitcoin transactions are recorded on a blockchain.
Example: A smart contract can automatically pay a creator when their content is accessed.
Example: A film can be tokenized to allow fans to invest in its production.
Example: DRM prevents unauthorized copying of e-books.
Example: Blockchain is decentralized, meaning no single entity controls it.
Example: Ethereum is a popular cryptocurrency used in blockchain applications.