Alibaba To Use Blockchain To Distribute Movie Rights
Alibaba Pictures, the filmmaking arm of Alibaba Group reportedly plans to tokenize distribution rights for its new film “Striding into the Wind,”. On Nov. 22, China.org.cn reported that the company signed an agreement with New York-based decentralized entertainment platform Breaker to distribute the film overseas using its blockchain platform. The senior vice president of Alibaba Pictures and CEO of Alibaba’s ticketing app Taopiaopiao reportedly announced the news during the