What impact can digital currency have on the entertainment industry and how is Disney adapting to this change?

1 answers

• Dec 20, 2021 · 3 years ago
  Digital currency has the potential to disrupt the entertainment industry in various ways. One of the key impacts is the ability to provide microtransactions for content consumption. With digital currency, consumers can pay small amounts for individual pieces of content, such as songs, movies, or games. This can create new revenue streams for content creators and enable them to reach a wider audience. Disney, being a forward-thinking company, is exploring the use of digital currency in their platforms. For example, they are considering the integration of blockchain technology in their streaming services to enable microtransactions. By embracing digital currency, Disney is adapting to the changing consumer preferences and creating new opportunities for content monetization.
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