“Blockchain is the backbone of numerous digital currencies including Bitcoin, Ethereum and Litecoin, but it has uses and applications that go beyond currency.
Blockchain can be used to verify multiple levels of transactions and opens the door to platforms that can track permanent, and traceable peer to peer transactions.
This opens the door to solving multiple problems in the media industry in areas of piracy and authenticity and will offer less expensive transactions to our customers.
The music and Film industries are ideal for Blockchain applications as they are fraught with middlemen and have traditionally suffered from rampant piracy and a lack of transparency while being controlled by a small handful of companies.
MediaCoin is going to revolutionize the entertainment industry.”
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