LIGHTS, CAMERA, BLOCKCHAIN! – Blockchain In Film Industry
Despite the fact that the way motion pictures are made and seen hasn’t changed dramatically in the last century, there have been notable examples in the last twenty years of technological advances which have revolutionized the film industry.
Streaming services have reshaped the way audiences watch movies or other content at home or on the go, creating a new wave of innovative entertainment options. The ability to actually make films has become easier, as director Steven Soderbergh proved with his latest film, Unseen. IMAX made the “big screen” experience even bigger with movie screens that are nearly 100 feet tall. Movie theaters made the change from heavy, analog 35 mm film to digital in the early 2000s, and one of the biggest technological advances came in the world of animation as Pixar revolutionized animation by expertly combining engaging storytelling with breathtaking visuals. Check out Coco for further proof!
Now, the latest tech trend that appears ready for its close-up in the movie business is blockchain and that technology is poised to take the film industry, in the words of Toy Story’s Buzz Lightyear, “to infinity and beyond.”
The following is a sampling of sectors within the movie business which are using blockchain and the women at the helm that are creating lasting change in the industry.
One area of the movie business that is already incorporating blockchain is in the production, marketing, and distribution of independent films. The first blockchain film is set for release in early July and is called, No Postage Necessary. The film, starring George Blagden (Versailles) and Charleen Closshey (An Evergreen Christmas), is a romantic comedy about a man who poses as a postal worker to steal people’s mail in order to make ends meet.
This article was published first at Forbes
Nisa Amoils is an investor in private companies and has been a venture capitalist, a Board Member and entrepreneur. She invests in a variety of technology including consumer and enterprise, with focus on AR/VR, robotics, drones, AI, autonomous mobility, cybersecurity, blockchain and other disruptive technologies. She has also been an angel investor since 2010 with a portfolio focus on mentoring and supporting female founders and is a member of New York Angels. She is a regular judge/panelist on CNBC, MSNBC and Fox and a contributor for Forbes. She is a mentor at Grand Central Tech and Parity Partners. She on the Advisory Board of Girls Who Invest. She is a regular judge for the Wharton Business Plan Competition and a trustee of Penn Wharton Entrepreneurship. She is a corporate attorney and spent many years at Time Warner and NBC Universal. She holds a business degree from the University of Michigan and a law degree from the University of Pennsylvania.