Blockchain Could Help Content Generation Industry Be More Profitable By Cointelegraph

Blockchain Could Help Content Generation Industry Be More Profitable

Chinese content generation platform TikTok, a video-sharing app that has been called the fastest-growing social networking service in history, has been in the spotlight since early 2019 and now surpasses 800 million users. Despite the fact that the app’s data security breaches are raising controversy worldwide, more and more young people are using it as the go-to social media for the new generation, with a reported 69% of TikTok’s global audience being between the ages of 16 and 24.

Despite its overwhelming success and rapidly growing user base, the truth behind the worldwide sensation is that “the new Instagram” is hardly profitable. One of the key reasons behind it is IT infrastructure costs — and blockchain might have the solution.

Continue Reading on Coin Telegraph

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. …

Read The Full Article