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Friday, 07/20/2018 4:42:04 PM

Friday, July 20, 2018 4:42:04 PM

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Alphanetworks Launches Video Platform Based on Blockchain And AI – AlphaNetworks has launched a new video platform powered by blockchain and artificial intelligence. The new platform is aiming to take on giants like Alphabet’s (NASDAQ:GOOGL) YouTube and Netflix (NASDAQ:NFLX) and could mark the start of a new era in blockchain based media, if successful. Simplifying video monetization and management. The company has built a digital platform which will offer media companies, content creators and advertisers the applications they need to monetize, manage and analyze their videos. In a statement, AlphaNetworks Founder and CEO Seth Shapiro said that the media industry is currently at a turning point. He noted that an average household is paying for 206 channels but only watches 15 of them. He raised concerns about the rise of channels for “fake news”. According to Shapiro, TV is no longer the trusted source of news like it was 40 years ago. He adds that there are many great content creators and influencers online but they are yet to make a living from their work. Shapiro said that the new platform will ensure that content creators benefit from their work. Read more: https://marketexclusive.com/alphanetworks-launches-video-platform-based-on-blockchain-and-ai/2018/07/

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