Cryptocurrency: The Future Of Film Industry

By Author: Block chain council
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cryptocurrencies, along with Blockchain, has become a decade old now. Despite a lot of confusion regarding its sustenance and longevity, it has managed to find itself a part of mainstream businesses. As per the crypto market capitalization aggregators, around 5000 cryptocurrencies are circulating in the market. From its obscure beginning in 2009, the digital currencies like Bitcoin have come a long way. When we talk about cryptocurrency, then we cannot skip talking about Blockchain. Both this development has transformed different industries, but in this blog, we will discuss how Blockchain is going to impact the future of the film industry.
Let’s explore:

Let’s start our explanation of exponential growth of cryptocurrency in the film industry; HardFork, a dystopian television series themed around cryptocurrency and augmented reality, was the first fil that was funded by cryptocurrency. The company that funded this film had developed a community of supporters on Steemit. Another example that we would like to mention here is No Postage Necessary, a sci-fi anthology feature film that was also crypto funded. This ...
... film was released in the year 2017.

These examples indicate how cryptocurrency is going to rule the world. It’s not about the funding of the films; cryptocurrency backed by Blockchain can provide a safe and secure platform for executing the payment. Moreover, it also ensures that all the information related to film and transaction are confidential and free from hackers’ attack. It will eventually give the content creator, whether they are the filmmakers or the sing writers, or the scriptwriters, complete authority over their content. Moreover, cryptocurrency has a global acceptance, which also opens the gateway for filmmakers across the globe.

What’s next?

The end objective of bringing in a cryptocurrency backed by Blockchain is to democratize the film industry where everyone has control over the content and enhanced transparency with faster payments. All this is set to make the film industry more organized. However, this is just a humble beginning; there is a lot more to explore in this field. When it comes to the implementation part, we need cryptocurrency experts who can help leverage this technology.
While we talk about the growing demand for cryptocurrency experts, we have seen a rising demand for cryptocurrency certifications. A number of online and offline institutes are offering this Blockchain certification.

Cryptocurrency certification is not merely limited to knowledge about the digital currency and its mining, but you also learn about ICOs, trading in cryptocurrency, and much more. All this opens a wide gateway of opportunity for those who are pursuing or plan to pursue cryptocurrency trading certification.

Conclusion- Blockchain Council is a leading online platform offering this certification program. Those who envision their future as crypto experts must go for the cryptocurrency certification program or cryptocurrency online trading course.

Cryptocurrency has a wider acceptance across the different segments of the industry, and the film industry is an unconventional use case of the same. But, the way it is progressing, you can accept cryptocurrency to stand shoulder to shoulder with the fiat currencies.

Blockchain Council is an authoritative group of subject experts and enthusiasts who are evangelizing the Blockchain Research and Development, Use Cases and Products and Knowledge for a better world. Blockchain technology is more than just a technology, which is emerging rapidly with a vast scope in the future. Blockchain acts as a financial network, software, distributed ledger, etc. Owing to this multitude of benefits and features, companies are now shifting their centralized and traditional working system to this trending and futuristic technology “Blockchain”. Blockchain council creates an environment and raises awareness among businesses, enterprises, developers, and society by educating them in the Blockchain space. We are a private de-facto organization working individually and proliferating Blockchain technology globally. Visit here for more details@https://www.blockchain-council.org/