Blockchain in Media: How Can Blockchain Fight Piracy?

Television industry research firm Digital TV Research forecasted last year that the revenue loss of TV series and films due to online piracy would reach $52 billion by 2022. Since this figure doesn’t factor in the revenue that would be lost to the piracy of sport, games, pay TV and other forms of media content, the sense is that the cost of piracy to the media industry is much larger than $52 billion. The reality is that blockchain — as of today — isn’t ready to eradicate piracy. Moreover, any…