Description
FilmChain employs blockchain technology to enhance transparency and efficiency in the financial transactions of the film and TV industry. Hosted on the Ethereum blockchain, it automates the collection, allocation, and analysis of content revenues, directly transferring earnings to producers' wallets and enabling instant revenue sharing among stakeholders. FilmChain provides a clear, immutable ledger for transactions, addressing common industry issues such as delayed payments and unclear revenue distribution. As the first digital Collection Account Management (CAM) service, it serves producers, financiers, and distributors, modernizing payments and managing royalties through a cutting-edge system for digital distributors, broadcasters, and studios. The platform’s achievements include winning the ‘Zinemaldia Startup Challenge’ at the San Sebastian Film Festival 2020 and being named ‘Startup of the Year’ at the London Business Awards 2020. This innovation positions FilmChain as a key player in streamlining post-production revenue management in the global screen industries, leveraging blockchain technology to ensure fairness and transparency in financial dealings.
FilmChain employs blockchain technology to enhance transparency and efficiency in the financial transactions of the film and TV industry. Hosted on the Ethereum blockchain, it automates the collection, allocation, and analysis of content revenues, directly transferring earnings to producers' wallets and enabling instant revenue sharing among stakeholders. FilmChain provides a clear, immutable ledger for transactions, addressing common industry issues such as delayed payments and unclear revenue distribution. As the first digital Collection Account Management (CAM) service, it serves producers, financiers, and distributors, modernizing payments and managing royalties through a cutting-edge system for digital distributors, broadcasters, and studios. The platform’s achievements include winning the ‘Zinemaldia Startup Challenge’ at the San Sebastian Film Festival 2020 and being named ‘Startup of the Year’ at the London Business Awards 2020. This innovation positions FilmChain as a key player in streamlining post-production revenue management in the global screen industries, leveraging blockchain technology to ensure fairness and transparency in financial dealings.
