MoviesChain by TVzavr protects intellectual property of cinema producers

Kaliningrad, Russia, April 11–12, 2018. TVzavr presents its MoviesChain platform at IP Quorum, International Intellectual Property Forum. The blockchain system provides the solution for the global independent film distribution industry and addresses its most crucial intellectual property problems: piracy and revenue losses.
Intellectual property is the driver and one of the key institutions of the digital economy. Multiple parties in this global market follow their interests and face different challenges. The community of independent film producers is one of the most vulnerable to the typical industry problems. At the same time, the perspectives of this market are definitely promising.
The innovative platform MoviesChain by TVzavr focuses on the independent film sector. The platform provides the open and transparent blockchain solution which eliminates middleman from the global distribution chain and offers anti-piracy tools.
Most of the blockchain projects aim to reduce middleman influence in particular industries. On the global independent film market, the distribution channels are very expensive for small studios. This reduces audience coverage and revenue. MoviesChain by TVzavr is the world’s first blockchain-based platform that directly brings together film viewers and independent cinema. The cinema rating and the rare content is now available for viewers. While traditional film distribution platforms take about half of the whole film revenue, MoviesChain by TVzavr platform technology allows film producers to keep up to 90% of their profits.
In addition to the ZVR crypto token system for direct payment from viewers, MoviesChain introduces an ecosystem with a number of tools aimed at improving and developing the current independent film industry. The platform will offer a wide range of content promotion and online marketing services based on the company experience in the online video industry.
MoviesChain by TVzavr use anti-piracy mechanisms which are very important for content producers. MoviesChain developed its own Digital Rights Management (DRM) system based on the Advanced Encryption Standard (AES-128) to protect all films published on the platform.
Platform developer Sergey Klimentov has presented MoviesChain at IPQuorum where 500 participants from over 30 countries are going to discuss the strategies of forming the global market of intellectual property. IPQuorum is the first communication network to bring together market players and industry professionals, international and local regulatory bodies as well as major Russian and international venture capital investors.
The platform developers resides in technopark Skolkovo. The MoviesChain project is developed by experienced team of TVzavr company, a successful and established video-on-demand (VoD) service that has been operating in the Russian market since 2009. It is supported by a large team of 70 professionals experienced in the online video distribution industry. In 2017, TVzavr had 30 million unique users per month and revenue of 10 million USD. An online cinema TVzavr’s MoviesChain, with its use of blockchain technology, promises to disrupt a film distribution industry. The first presentation of the project on the Berlin International Film Festival has proved what the market demands the solution. The platform is already partnered with independent studios such as TF1, Parche, Gaumont, Memento Films, SND and Celluloid Dreams.
Ethereum-based blockchain project starts to sell its tokens in the second quarter of 2018. ZVR tokens will allow to view or purchase video content on the MoviesChain by TVzavr platform – even festival cinema next day after the first demonstration. The solution, without doubt, will allow everyone to access quality content from anywhere and anytime.

Movieschain

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This release was published on openPR.