NetworkNewsBreaks - The Movie Studio, Inc. (MVES)
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Posted On: 06/26/2020 6:15:14 PM
NetworkNewsBreaks - The Movie Studio, Inc. (MVES) Employs Blockchain Technology to Advance Within Expanding VOD Industry
The Movie Studio (OTC: MVES), a vertically integrated motion picture production company, is staying ahead of the curve by utilizing over-the-top (“OTT”) distribution platforms and blockchain technology to expand its vertically integrated film production and distribution architecture. An article discussing the company reads, “MVES is taking the opportunity to leverage blockchain as the innovative technology provides valuable opportunities to address issues related to the management of creative rights, digital piracy, and distribution complexity. The decentralized nature of blockchain technology is key. It ensures that tampering or takeover of proprietary content is virtually impossible through the use of smart contracts that can register and enforce distribution as well as release agreements between distribution partners and content producers. . . . Incorporation of blockchain technology is only one part of the innovative changes taking place across the digital landscape of the industry. As part of the film distribution and production space, VOD has undergone a massive shift in the last decade—and this shift has only accelerated as a result of COVID-related lockdowns that increased consumer demand for entertainment.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
The Movie Studio (OTC: MVES), a vertically integrated motion picture production company, is staying ahead of the curve by utilizing over-the-top (“OTT”) distribution platforms and blockchain technology to expand its vertically integrated film production and distribution architecture. An article discussing the company reads, “MVES is taking the opportunity to leverage blockchain as the innovative technology provides valuable opportunities to address issues related to the management of creative rights, digital piracy, and distribution complexity. The decentralized nature of blockchain technology is key. It ensures that tampering or takeover of proprietary content is virtually impossible through the use of smart contracts that can register and enforce distribution as well as release agreements between distribution partners and content producers. . . . Incorporation of blockchain technology is only one part of the innovative changes taking place across the digital landscape of the industry. As part of the film distribution and production space, VOD has undergone a massive shift in the last decade—and this shift has only accelerated as a result of COVID-related lockdowns that increased consumer demand for entertainment.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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