We found that Hollywood’s corporate group established the “Blockchain Global Entertainment Alliance (BGEA)”, a non-profit organization aimed at promoting entertainment industry block chain technology.
More than 10 companies including Millennium Media, Capstone Group, FilmTrack, RightsTrade and Purely.Capital are participating in BRGA.
According to the founder of Purely.Capital who joined BGEA this time , management, licensing and revenue collection still takes time , despite virtually all content being distributed on digital devices in the current entertainment industry It seems that it is done by analog method .
Mr. Rouslan Ovtcharoff, founder of Millennium, says the possibility of block chain technology as follows.
Block chain technology not only helps to solve illegal copying problems, but it can fundamentally change the way business is done.
He said that although it is still uncertain as to the involvement of BGEA and Netflix , he said, “It will take time, but I will be out for a while.”
It seems that BEGA is planning to complete a report explaining how block chain technology can affect the entertainment industry by early January 2019.
Currently Hollywood is filming a movie focused on money laundering by cryptocurrency.
Exclusive: @alexisbledel, Kurt Russell, Beau Knapp to star in money laundering thriller ‘Crypto’ https://t.co/dEiU24LGxt pic.twitter.com/VdTtXru4i7
– Hollywood Reporter (@ THR) 15th June, 2018
Hollywood movie “Crypto” with cryptocurrency as the subject started shooting – CRYPTO TIMES
Article Source: The Hollywood REPORTER
Good feeling Block chain technology is gradually changing the structure of the world. In a few years it’s going to be a world of “using block chain technology as a matter of course.”
Author: Yush [Coin Desk News] – Source Post: https://crypto-times.jp/hollywood-blockchain-bega/
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