Blockchain technology has been one of the hottest topics in the tech space for a few years now. It has become a bedrock to propel us into the fourth industrial revolution. Most industries are looking to the face of blockchain technology to enhance transparency, efficiency and opportunities within that industry. 

Movebiz Coin implements some of these core attributes along with speed, trust, security and control, as part of their blockchain technology to overlook and reach the peak of the supply chain within the entertainment business across the globe.Considering that traditionally the entertainment industry has a problem of being a closed black box, integrating blockchain within the entertainment ecosystem can be a game changer. 

Entertainment industry and blockchain

Currently, the global media and entertainment industry faces several challenges like Intellectual property infringements, lower share of revenue due to intermediaries, lack of transparency with royalty agreements, slow transactions, inefficiencies of existing micropayment systems and more. Up until now, since the very beginning of the entertainment industry, no one has been able to solve this problem, but MovieBiz Coin's blockchain technology  can help.

The primary essence of blockchain technology enables creators on a platform to securely track the movement of their content by verifying, paying consumers, and analyzing distribution patterns.. Smart contracts allow pay-per-use micropayment systems that turn out to be more cost-effective than legacy systems in the existing entertainment industry

MovieBiz Coin to use blockchain to disrupt entertainment industry

MovieBiz Coin's ecosystem is dedicated to helping independent filmmakers with compelling stories to get funded. Their proprietary marketplace connects filmmakers instantly to a trusted global community of buyers. Essentially, independent movie producers can tokenize their movies through MoviBiz Coin helping them crowdsource the project. 

MovieBiz Coin inspires to become a global catalyst for promising projects within the film industry that engages in encouraging creating content that is said to touch the hearts of individuals within communities. Through MovieBiz Coin, producers can now find funding for their projects more easily. With all security details taken care of, they have a smoother communication with the community.  Along with this, MovieBiz Coin has opened up an avenue for actors and young talent to meet experts within the industry to help elevate their project. . 

This provides a whirlwind of investment opportunities for investors to choose from. 

As a result of this, there is a more ensured line of communication between all parties invested in a project within the industry. Additionally, the token allows for a more smooth transaction process at fair prices.