THE FUTURE OF PHOTOGRAPHY IS RIGHT HERE IN BLOCKCHAIN
Ume UdoTHE FUTURE OF PHOTOGRAPHY IS RIGHT HERE IN BLOCKCHAIN
The current stock photography market is a very lucrative business for all parties involved. Photographers must take photos, put them online and then earn royalties from customers who want to utilize their work.
However, it is no secret that these fees are meager, since you have access to a well-kenned network, this does not designate that the company retains 80% of profits while photographers receive only 20%. With the advent of blockchain technology, however, this industry can be inverted for good!
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- Reduce maintenance costs = more royalties for photographers
- Because the blockchain is decentralized in nature, it does not require to operate on a single point of presence, because the network can be scattered over multiple redundant nodes ascertaining the quality of the connection indefinitely. By lowering the barrier to ingress on this market, blockchain technology will sanction companies to charge captivating royalties.
- Levels of security that no antivirus can buy!
- One of the benefits of utilizing distributed accounting systems is the high caliber of security it brings to the table. As there is no single point of assailment, hackers blindly target network nodes that can detect that something is erroneous within seconds. Users will be confident that their transactions are kept securely in the registry.
- Cut the middleman = even more royalties for photographers!
- Once such a blockchain ecosystem is engendered, the users who buy the content of the platform will do so directly from the vendors themselves! The decentralized nature of the platform will record all the transactions that take place, sanctioning for a caliber of transparency and reliability unparalleled while empowering the individuals who victual the network.
- Automatic payment systems that expedite the pace of the business
- Customarily, payments for content are processed by a third party such as a bank or PayPal which can sometimes be arduous. Not to mention the high barrier to ingression for startups who want to engender such a business. With the avail of Keenly intellective Contracts, however, an infrastructure can be put in place that immediately releases cryptocurrency once the transaction is consummated. So, again, reduce operating costs and make the platform more reliable.
- The Wemark platform: an ecosystem that has all the above!
- The good news is that these systems and modules are not only at a theoretical level. The Wemark blockchain market for digital content is authentic and has all these advantages and even more to come when plenarily deployed! With the avail of WMK, their own cryptocurrency Wemark plans to make this platform the industry's main distribution platform. To avail them develop the platform even further, you can participate in the sale of chips starting May 7, 2018. Professionals who decide to register to the system until May 2018 will receive 100% royalties on their first 500 uploaded photos.
Visit the following sites for more information.
Website: https://www.wemark.com/- Bounty Thread: https://bitcointalk.org/index.php?topic=3293253.0
- Telegram: https://t.me/wemark.
- Authored By : https://bitcointalk.org/index.php?action=profile;u=1165678