The entertainment industry has been greatly impacted by mobile technologies such as 3G, 4G, and video streaming on demand. Companies like Netflix, Twitch, HBO, and Amazon Prime leverage the power of the Internet to provide better viewing experiences to average consumers at the global scale. As people’s interest in video entertainment switches to smartphones and tablets, cable TV is losing ground.
A new technology has risen above the rest to disrupt on-demand video streaming as well. With its ability to implement “smart contract” systems to ease transactions, provide better transparency, and improve processes, blockchain technology enters the stage with sharing and content storage capabilities that go beyond what Netflix currently provides.
Video-On-Demand Powered by Blockchain

Slate Entertainment Group (SEG) is set up by Binge Media to develop decentralized platform SLATE powered by the SLX utility token. The blockchain-based VOD (video on demand) service will be an entertainment utility protocol that adheres to a multi-layer network: BVOD (blockchain video-on-demand), the electronic ticketing app Slatix, and the SLX utility token to enable access to premium entertainment. At the core of SLATE lies an immutable, distributed ledger meant to ensure trustworthy payment systems, seamless transactions, and structured incentives.
Slate& …

Read more –> click here all content is copyright Bitcoinist.

Need Bitcoin marketing and PR? Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own professional Bitcoin or cryptocurrency press release CLICK HERE..

Powered by ABITCO.IN

Stay connected and get the latest blockchain updates and news from the TheCryptoStreet.com. You can also browse through our Crypto Job Board on thecryptostreet.com/cryptojobs. Article First Published here