In the latest episode of the Variety podcast “Strictly Business,” two experts from the crypto realm delve into the question of whether Hollywood dealmakers will ever embrace cryptocurrency and blockchain technologies to address longstanding issues with Hollywood accounting.
Tarun Chitra, the founder and CEO of Gauntlet, a research and advisory firm, as well as the co-host of the crypto-focused podcast “The Chopping Block,” joins Lee Reiners, a professor at Duke University specializing in financial regulation, in discussing the potential applications of blockchain technology in the entertainment industry.
They explore how the transparency and permanency offered by blockchain ledgers could prove beneficial in deals where numerous participants hold small profit stakes that are paid out over an extended period. This discussion sheds light on the potential for blockchain to address some of the challenges inherent in Hollywood accounting practices.
Source: variety.com
