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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.
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Traditional Databases BlockChain distributed ledger
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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.
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Intense competition
Lack of monetisation options
Plagiarism
Being dependent on search engines
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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.
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ADS
User Online content
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User BlockChain Online content
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Blockchain can help publishers sell their content rather than expecting advertising revenue which is going down with the widespread use of ad-blockers.
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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:
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