Great tech for great ideas: how blockchain benefits Qravity project founders
Every day at least one person in the world has an awesome idea for digital content. Some of those ideas evolve into hit movies, chart-topping songs, must-binge TV, killer apps, best-selling ebooks, and addictive video games. In order for project founders to make innovative content concepts a reality, they usually need a creative team. They also need a means of protecting their content from hacking and piracy during production and especially during distribution.
A powerful ally in the fight against cybercrimeManaging creative projects is challenging at best, a chaotic mess at worst. Project founders have access to a wide variety of applications to help them guide their teams. These task assignment and tracking tools exchange data among team members, typically in the cloud. While this is highly secure, it’s not perfect, a project’s centralized data storage and transmission processes are vulnerable to hacking — it’s just a matter of finding a single point of entry. Cybercrime has become a major concern in the entertainment industry since the 2014 Sony Pictures data breach; media development and distribution giants including HBO, Netflix, and Steam have also fallen victim to hackers.
To help protect digital content during its development and distribution, Qravity is integrating blockchain technology into its platform. This ensures that the data in each project is immutable, tamper-resistant, less prone to being lost or deleted, and highly resistant to hacking.
Piracy preventionA 2017 Digital TV Research report states that the global cost of piracy of TV shows and movies alone will total $52 billion by 2022, and that’s not including sport or pay TV. Somewhat oddly, the piracy of video games may actually lead to increased video game sales, according to an extensive European Commission study. Despite the anomaly of the gaming industry, piracy is a serious, and costly, concern throughout the digital media industry as a whole.
You can read more in the article on Medium.com : https://medium.com/qravity/great-tech-for-great-ideas-how-blockchain-benefits-qravity-project-founders-59e484cd29a9
