Blockchain: Managing and monetizing mushrooming demand for video

Blockchain: Managing and monetizing mushrooming demand for video

Blockchain: Managing and monetizing mushrooming demand for video 150 150 Lachlan James

Linius CEO contributes to third disruptordaily.com feature discussing drivers and trends shaping the use of blockchain in the global entertainment industry

Video Blockchain in Entertainment Industry

In the age of streaming, our thirst for video content seems simply insatiable. With a new OTT service apparently appearing at the top of every hour, there’s both enormous opportunity and risk.

The opportunity is to deliver and monetize more content, to more people, in smarter ways than at any other point in our digital evolution. The risk? Leaving significant money on the table, yourself vulnerable to competition, or both — as you slide into obscurity.

That’s the shifting landscape facing today’s video rights holders, producers and distributors.

So when the team at disruptordaily.com asked industry heavyweights to articulate the trends shaping blockchain adoption in the global entertainment industry, Linius CEO Chris Richardson was eager to answer the call.

For Chris, blockchain’s potential to match control and traceability with scalability will drive bourgeoning usage throughout the industry.

“Scaling demand for video, streaming services, and the need to manage, track, monetize and incentivize that demand, [will shape blockchain’s use in the entertainment industry],” he said. “Demand for online content is growing rapidly, and will continue to push video creators, rights holders and publishers to find new ways to securely distribute that content, while connecting with greater audiences.

“[For example], demand for Hulu’s services have grown more than 230 percent since 2016.”

You can read the full article — What Trends Are Shaping Blockchain In The Entertainment Industry? 6 Experts Share Their Insights [2019] — on disruptordaily.com.

Where to next?

For more on how Linius is making video blockchain possible for the first time, check out the following resources:

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About Linius Technologies Limited:

Linius Technologies Limited (ASX: LNU) has invented and patented the Video Virtualization Engine™ (VVE), which is available on Amazon Web Services, Microsoft Azure and IBM Cloud.

Amazon, Microsoft and IBM are investing billions in virtualizing ‘video services’ (technologies) and Artificial Intelligence in the cloud[1]. It is arguably the biggest battle on the internet, given that video accounts for nearly 80 percent of internet traffic[2].

Only Linius can expose the data that makes up the video file, making cumbersome video as flexible as all other forms of data. Accessing the data within the video file is the missing link for video cloud service providers, creating unparalleled value across the internet video industry.

Linius’ VVE-powered Video Hyper-Personalization and Search Solution enables anyone to instantly search the data within video, from across an infinite number of sources, and automatically assemble the results in a single stream on-the-fly. No human hands required.

Linius is revolutionizing the way organizations and individuals across the globe produce, deliver and consume video, enabling previously impossible hyper-personalized video experiences.

It’s a breakthrough set to disrupt entire multi-billion-dollar industries. Linius is initially focused on delivering its Video Hyper-Personalization and Search Solution to six core markets: News and Media, Sports Broadcasters and Rights Holders, Education, Corporate Communications, Security and Defense, and Sports Betting.

For more on Linius Technologies, visit www.linius.com

For further information or interview requests, please contact:

Lachlan James, Director of Marketing and Communications, +61 (0)431 835 658, ljames@linius.com

For regular news and updates on Linius Technologies, sign-up HERE >

Follow Linius Technologies on Twitter (@linius_tech), LinkedIn (Linius Technologies Ltd), Vimeo (Linius Technologies) and Facebook (@linius).

[1] RS Components, The Race for AI: https://uk.rs-online.com/web/generalDisplay.html?id=i/race-for-ai

[2] Cisco, Cisco Visual Networking Index: https://www.cisco.com/c/en/us/solutions/service-provider/visual-networking-index-vni/index.html

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