While blockchain technology was initially seen for its revolutionary way of handle financial transactions, it can be used for far more. The buzz surrounding blockchain technology and its potential to improve, disrupt or transform the film business has reached a new heights.

Wall Street has already adopted crypto technology, but Hollywood is pretty new to it. While the entertainment industry might be a few years late in implementing crypto, it has now realized that blockchain has the potential to revolutionize the distribution of music and movies, and can resolve the piracy problem.