To what extent is the application of blockchain technology in creative industries like the film industry advantageous?

To what extent is the application of blockchain technology in creative industries like the film industry advantageous?

Registration ID: IJNRD_222992

Published ID: IJNRD2406064

DOI: Click Here to Get

Miraya Goenka

Blockchain technology has the potential to revolutionize many industries, including the creative sector. Creators in the creative industry often face challenges such as a lack of control over their work and difficulty in being fairly compensated for their creations. Blockchain technology offers a solution to these problems by providing a decentralized platform for creators to manage and monetize their work. This paper explores the extent to which the application of blockchain technology in the creative industry is advantageous. It covers the specific problems faced by creators and how blockchain can be used to address these issues covering features such as smart contracts. Additionally, the paper discusses the potential for blockchain to be implemented in the film industry as well as a means of improving efficiency and increasing transparency in the distribution and monetization of films. Overall, the findings suggest that the application of blockchain technology in the creative industry has the potential to benefit both creators and consumers and may provide a valuable tool for addressing some of the persistent challenges faced by those working in the sector.

Published Paper   E-Certificate

"To what extent is the application of blockchain technology in creative industries like the film industry advantageous?", IJNRD - INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (www.IJNRD.org), ISSN:2456-4184, Vol.9, Issue 6, page no.a675-a683, June-2024, Available :https://ijnrd.org/papers/IJNRD2406064.pdf

Volume 9 Issue 6, June-2024

Pages : a675-a683

Paper Reg. ID: IJNRD_222992

Published Paper Id: IJNRD2406064

Downloads: 000121146

Research Area: Engineering

Country: Mumbai, Maharashtra, India

Published Paper PDF: https://ijnrd.org/papers/IJNRD2406064.pdf

Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2406064

Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)

ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

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This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition

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