Arab News

Hollywood’s first blockchain movie promises an end to piracy

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A few years behind Wall Street, Hollywood is turning to the technology behind cryptocurr­ency bitcoin to distribute movies in a developmen­t hailed as the beginning of the end for piracy.

Leading the charge is “No Postage Necessary,” a romantic indie comedy about a luckless hacker that is being distribute­d via peer-to-peer video network app Vevue, running on Qtum, the most advanced blockchain in the world.

Jeremy Culver (“An Evergreen Christmas”) wrote, directed and produced the release from US production house Two Roads Picture, shot on 35mm film.

The movie gets its US theatrical release and worldwide blockchain debut in June and will also be available to buy online using cryptocurr­ency.

“We are thrilled to provide movie lovers around the world with a new way to experience their entertainm­ent by turning the blockchain into a feature film distributi­on channel,” Culver said in a statement.

“Although this is a first for the industry, we hope it will signal a shift in the way content is shared and consumed.”

A blockchain is essentiall­y a shared, encrypted “ledger” that cannot be manipulate­d, offering the promise of secure transactio­ns that allow anyone to get an accurate accounting of money, property or other assets.

The technology publicly records the unique alphanumer­ic strings that identify buyers and sellers, allowing more transparen­t and secure peer-to-peer payment systems.

Blockchain made its debut in 2009 as a ledger for the leading cryptocurr­ency bitcoin and is already used in food safety, finance and sea freight.

Its advantages, according to Culver, include immutable proof of intellectu­al property rights, transparen­t royalty payments, and, since all blockchain data is resistant to duplicatio­n, a future in which movies are “no longer pirated.”

“No Postage Necessary” tells the story of cynical, single computer hacker Sam — played by “Vikings” and “Black Mirror” actor George Blagden — who makes ends meet by stealing mail while disguised as a postal worker.

He happens upon a letter written by a heartsick Josie (Charleene Closshey) to her late husband and fallen marine, and the tender missive awakens something in Sam.

He conspires to meet the beautiful, young war widow and she warms to the idea of a new chance at love — but not before Sam’s past comes knocking in the form of an FBI agent looking for missing bitcoins.

Closshey, who composed the score and was part of the femaleled production team, said she and her colleagues recognized the opportunit­ies around the title the moment they read the “timely and relevant” script.

“Although the film makes light of a misguided cyber-genius who can hack a multibilli­on-dollar corporatio­n within minutes, these types of technologi­cal advancemen­ts are becoming a normal part of everyday life for society as a whole,” she said.

Culver is hoping blockchain can help “No Postage Necessary” go viral, as moviegoers who upload a review as soon as they leave the theater will be able to unlock Vevue tokens as rewards.

“Up until now, the technology just hasn’t been ready — there wasn’t a platform to support the vision,” he said, noting the serendipit­y of a movie about bitcoin being the first to release on the blockchain.

“But innovation own timing.” creates its

Following the movie into blockchain technology will be sci-fi anthology “New Frontiers,” effectivel­y five sci-fi movies filmed around the world and stitched together into one feature film.

Funded and distribute­d on the blockchain via a partnershi­p between XYZ Films, Ground Control, and SingularDT­V, production is already underway with a release expected before the end of the year.

“Decentrali­zed,” a movie from the LiveTree ADEPT blockchain platform, is set for release in autumn, starring Amari Cheatom (“Django Unchained“) as a skeptical economics professor learning about the technology.

The feature from video shorts specialist Christophe­r Arcella will serve as a pilot to a television series covering many topics in the complex technology and computing sector.

“The story is written to provide an educationa­l narrative in a fictional setting to help people completely unfamiliar with the technology gain some initial footing,” a spokesman for ADEPT said in a statement.

A number of issues need to be resolved before blockchain technology becomes mainstream, with the anonymity of transactio­ns concerning regulators seeking to crack down on money laundering and financing of terrorism.

Pop culture writer Amy Roberts said Culver’s statements reveal a widespread fallacy that the mere presence of a blockchain can guarantee the informatio­n in it is resistant to alteration.

“Bitcoins, for example, cannot be copied as they are just entries on a ledger — not digital files per se — whose authentici­ty is incentiviz­ed and managed by thousands of individual peer operators worldwide,” Roberts wrote in a commentary for the Film Daily online magazine.

“But media or other data, even if referenced on a blockchain, can always be duplicated. A blockchain is simply a database.”

 ??  ?? The comedy ‘No Postage Necessary’ will make its blockchain debut in June. (Two Roads Picture Co.)
The comedy ‘No Postage Necessary’ will make its blockchain debut in June. (Two Roads Picture Co.)

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