Fake news? Spectacles? Lies? Scandals?
The media solely runs on these. We’re practically ready to murder them. Not literally though! We have our differences with the media industry and hope that it shows a much truer picture of the reality. But, the truth is we have a love and hate relationship with the media.
It can be a great source of information and the social media is where you can connect to your friends living in a completely different state. We won’t deny it! The media has brought us tears of happiness!
Journalism, internet, marketing and the social media have become a vital form of communication.Remember the Arab Spring revolution? It was actually kept alive through the social media. However, that’s just one aspect of the picture.
Everyone is maneuvering for the attention of the masses. The brands are in a constant battle between each other about who can afford the maximum exposure on the media outlets. It’s a freaking media frenzy out there! Even the lines between the internet and media have been blurred more than ever. But, wait a minute. We think blockchain can be the dirty therapist for the media industry!
The Dilemma of the Content Creator
We’re going to go right ahead and assume if you’re here reading this then you would know how much the blockchain is mentioned in the media. The blockchain is powering the media more than you can imagine.The famous HBO show Silicon Valley joked about a patent troll and how actually copyright and the internet law can be complicated.
There’s more! No Postage Necessary has illustrated how the Hollywood’s indie scene is test driving real world blockchain technology. It had a Bitcoin based story line and the movie itself says a lot about how the digital currency is disrupting communication at all ends. We’ll say its a much watch for all the movie lovers!
Sharing is Caring
Journalists have finally accepted crypto donations and all the blockchain encrypted communication channels help to keep all the confidential sources anonymous. Literally everyone from HBO to Netflix are investing in the blockchain solutions for the media challenges of today! Royalty tracking, digital copyrights management and mircro-payments are the few benefits blockchain and crypto has provided the media industry. We won’t bore you with too much details!
We have even an interesting news for you. There was a time when Wikileaks couldn’t get enough donations to continue reporting leaks. Bitcoin helped to keep the organization floating and the CryptoKitties are still helping them in the fight. Wild kitties huh?
Cryptocurrency and the blockchain technology have been a part of the media before the media started to begin reporting on them. Do you think the blockchain could help find more solutions for the media industry? If you have any ideas please enlighten us! We would love to know!