SLATE: Revolutionizing the entertainment industry

in #blockchain6 years ago

Entertainment industry is fast evolving, innovation has left its impact on the industry at every step. The introduction of subscription video on demand (SVOD) has already changed the landscape of the entertainment industry by disrupting the traditional ecosystem of movie theaters, television and cable.

Binge’s Blockchain Video on Demand (BVOD)

As the technology advances further, the streaming industry is now going to embrace the much-needed innovation. This long-awaited revolutionary innovation is brought by Binge which is supported by blockchain technology. This concept of decentralized streaming will provide access to low cost, high speed and high definition media to the audiences all over the world without any restriction of geographical boundaries. Binge will create a blockchain video on demand (BVOD) ecosystem that will connect the content creators and the distributors direct with the content consumers everywhere in the world.

The idea of blockchain video on demand (BVOD) introduced by Binge is the very first decentralized platform that will be using the technology of distributed ledger for content streaming. Blockchain technology will be the backbone of Binge streaming platform that will help streaming the content as well as will provide much needed behavioral analytics. The content creators always need to know the audience choice that will help them in creating a content that would appeal to the selected demography. Blockchain technology used in Binge’s streaming platform will provide a transparent access to the consumers’ behavioral analytics that will help in understanding the audience taste. Binge will facilitate fair and transparent revenue sharing between the stake holders including content creators and distributors. It will also provide an access to the valuable data that will help in improving the content quality.

Use of Blockchain Technogym in Tokenized Ticketing

This is also a revolutionary concept in which SLATIX will introduce blockchain technology for creating a system of tokenized ticketing. This ticketing system is associated with a host of innovative features. By taking help from the analytics provided by blockchain technology, SLATIX will facilitate the ticketing on its platform. The same system will be used for directly incentivizing the consumers’ loyalty. The system cannot be tampered with so SLATIX tickets would be forgery proof and there will be no risk of fraud. SLATIX comes with a very low operating and set up cost therefore would be very beneficial for small companies.

Slate gives access to valuable consumers’ behavioral analytics

Consumers behavioral analytics are very crucial for the success of any industry. This valuable data helps in decision making and allows the creators to create a content that would be appreciated by the consumers. Slate provides very powerful and technologically advanced analytic tools which help in understanding the viewership patterns locally, regionally and globally. This feature will facilitate the creators to produce a content most suitable for the audience according to the various demographic groups. The access to Open Analytics offered by Slate will provide a much-needed innovation to the entertainment industry.

Easy Global Access

The world is becoming globalized and technology is eliminating the barriers. Entertainment has also become globalized, the consumers choose and decide about the content, not authorities or corporations. Blockchain has given enormous power to the consumers by easing the global connectivity. Binge’s platform is further strengthening the consumers’ power by providing a completely decentralized and transparent distribution system. Slate cryptocurrency has eliminated the geographical barriers in the international trade by taking the help of blockchain technology which will facilitate the global payments to the content creators and distributors. The platform provides a mechanism of fast and transparent payments for all transactions.

Company

Website: https://slate.io/
Whitepaper: https://slate.io/SLATE_WHITEPAPER.pdf
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=3668479.0
Telegram: https://t.me/Slate
Twitter: https://twitter.com/slatecurrency
Facebook: https://www.facebook.com/slatecurrency
Github: https://www.facebook.com/slatecurrency

Proof of Work for https://bitcointalk.org/index.php?action=profile;u=1887821

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@stazhao
Entertainment industry has so more to be explored.
Keep steeming.
Resteemed

Thanks man.

@stazhao Entertainment industry is the fastest growing industry and application of blockchain technology will more strengthen it. Very good article by you. worth reading.

Thank you.

I visit your post is very useful for my friend terimakasi by. @ dewa123

Day will come, when we move into a shopping mall and only the desired commodity seller will welcome us at the mall's gate with complete list of items at the most competitive rates. Thanks to the blockchain!!

All we need is for the masses to adopt this innovative technology.

It will take time but it is inevitable.

great man.. thanku for sharing this info

valuable keep steeming

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