Smart Contracts on Blockchain for Microtransactions and Transparent Revenue Sharing in Content Monetization
Journal: International Journal of Multidisciplinary Research and Publications (Vol.6, No. 7)Publication Date: 2024-01-15
Abstract
As the demand for high-quality video content continues to surge, traditional content monetization models face challenges related to transparency, efficiency, and the growing importance of microtransactions. This review paper explores the transformative potential of smart contracts on blockchain technology in addressing these challenges within the context of adaptive video streaming. We delve into the application of smart contracts for automating and optimizing content monetization models, with a focus on microtransactions and transparent revenue sharing. The paper presents a comprehensive overview of blockchain technology and smart contracts, highlighting their relevance in the video streaming industry. By examining real-world use cases and case studies, we illustrate how smart contracts can revolutionize the landscape, providing secure and efficient mechanisms for microtransactions and ensuring transparent revenue distribution. Furthermore, the paper discusses the challenges and limitations associated with implementing smart contracts in this domain and explores future directions and innovations. Through this exploration, we aim to provide valuable insights into the potential of smart contracts to reshape the future of adaptive video streaming and content monetization.
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Last modified: 2024-03-03 19:03:48