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Blockchain is a distributed database that keeps a continuously-growing list of records protected from revision and tampering. Basically, the blockchain technology is a public ledger that records all transactions that have ever occurred.
Traditional Databases BlockChain distributed ledger
BlockChain Technology has the potential to make transactions much more streamlined by eliminating middlemen and other bottlenecks. This is beneficial to a host of industries that are currently struggling without a robust transaction mechanism.
Intense competition
Lack of monetisation options
Plagiarism
Being dependent on search engines
Not having a proper solution that can facilitate monetising intellectual content is the biggest challenge faced by the publishing industry. Advertising is the only option available to publishers at the moment.
ADS
User Online content
User BlockChain Online content
Blockchain can help publishers sell their content rather than expecting advertising revenue which is going down with the widespread use of ad-blockers.
BlockChain will enable encryption to make a direct path of data to the buyer
Publishers can restrict the supply of copies made, downloaded or viewed.
Unlocking bitcoins is counter-intuitive considering the processing power and cost involved
Bitcoin is unique and different and every transaction is recorded
Here are some unique benefits of selling via BlockChain:
