Introduction: Blockchain in Media and Entertainment

Abstract

Most people first encounter blockchain technology by way of cryptocurrencies like Bitcoin. Bitcoin came into existence during the start of the 2008 financial crisis and was first disclosed in October 2008.1Because of the timing and some clear indicators embedded into the first (genesis) block of Bitcoin, we know that a primary reason for developing cryptocurrency was a distrust of large institutions that control the world’s fiat currencies. However, what does currency have to do with media technology?