Overview

This book explores the use of Blockchain and smart contract technologies to develop new ways to finance independent films and digital media worldwide. Using case studies of Alibaba and in-depth, on-set observation of a Sino-US coproduction, as well as research collected from urban China, Hong Kong, Europe, and the USA, Online Film Production in China Using Blockchain and Smart Contracts explores new digital platforms and what this means for the international production of creative works. This research assesses the change in media consciousness from young urban audiences, their emergence as a potential participative and creative community within dis-intermediated, decentralised and distributed crowdfunding and crowdsourcing models. This research proposes solutions on how these young emerging local creative talents can be identified and nurtured early on, particularly those who now produce creative and artistic audiovisual content whether these works are related to film, Virtual Reality (VR), video game, graphic novels, or music. Ultimately, a new media content finance and production platform implementing blockchain is proposed to bring transparency in the film sector and open doors to emerging artists in digital media.  Appropriate for both professionals and academics in the film industry as well as computer science.

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9783030024673

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When he watched a re-screened version of 'Once Upon a Time in The West' at age 7 in his home town of Bordeaux, France - better known for its surf scene and its red wine - Dr. Patrice Poujol immediately fell in love with the cinema medium as an art and as a way to share ideas and emotions with others. After 8 years in the financial sector working on institutional and corporate projects including film finance with AIB in Ireland, Dr. Poujol continued his professional path in creative production. He completed the first PhD on blockchain and creative industries worldwide at the School of Creative Media, City University of Hong Kong. He participated in a UCLA exchange and in the intensive MEFTI programme organised by MIT. He is now continuing his research in the areas of digital entertainment, blockchain and the creative industries as a research fellow of the centre for Applied Computing and Interactive Media (ACIM) at the School of Creative Media, CityU's Run Run Shaw Creative Media Centre. Taking his research as a solid foundation for his future work, Dr. Poujol is currently integrating his experience, his knowledge and his network in technology, finance, and media to continue his public policy research in Asia and to develop the Lumière Project with a team of experts from the tech world and the film industry. This project should contribute to make the film industry more equitable, creative, and transparent.

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