Making small payments for watching a video or reading an article online can soon be done through blockchain technology.
Blockchains have long been linked to cryptocurrencies but the media industry has been exploring ways to tap into this technology too.
Some uses of blockchain in media are emerging that will help the industry solve some of its problems, said speakers at a media forum hosted by the China Global Television Network (CGTN) and video news agency CCTV+, both outfits of state-run broadcaster China Central Television.
Blue Star (LON:BLU) is an investing company with a focus on new technologies. Blue Star’s investments include a 31.1% holding in SatoshiPay, a nanopayment software and blockchain company; a 2% shareholding in Disruptive Tech Limited, an investing company with five investments; and a 0.9% investment in Sthaler, an early stage identity and payments technology business which enables a consumer to identify themselves and pay using just their finger at retail points of sale.