TIFF Long Take - Ep. 95: How will blockchain transform the film industry?
The CEO of MovieCoin explains why game-changing technology might be the answer to Hollywood’s transparency problem
This week on TIFF Long Take, Rob and Geoff look into how blockchain technology and cryptocurrency could revolutionize the way that we finance and consume films. Luke Bradley, Director of Communications at the Blockchain Research Institute, and Christopher Woodrow, Chairman and CEO of MovieCoin, guide the conversation.
Bradley discusses how blockchain and cryptocurrency are already impacting our day-to-day lives, how these technologies could theoretically upend the entertainment industry, and why Hollywood has — for the most part — been reluctant to get on board.
Woodrow talks about the inspiration behind MovieCoin, the types of films MovieCoin will be funding, and what he thinks the film financing landscape could look like in 10 years.
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