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Solving Challenges in the Media Sector with DLT

In: Enabling the Internet of Value

Author

Listed:
  • Soichiro Takagi

    (The University of Tokyo, Associate Professor, Interfaculty Initiative in Information Studies)

Abstract

Throughout history, media is a field that has been affected by technological development. Since the 1990s, the Internet has been the main driver of influence, profoundly affecting how people create, transmit and share information worldwide, consequently changing the structure of the media sector. Although digital technologies are transforming the media sector, various challenges are arising as seen in fake news and echo chamber. This chapter explores how distributed ledger technology (DLT) and blockchain technologies can contribute to solving new challenges in the media sector. This is worth exploring because the central advantages of blockchain/DLT are related to trust, and the new challenges in the media sector are mainly related to the lack of trust. This chapter provides a framework to show the benefits of using blockchain/DLT and discusses how those benefits can solve the challenges in the media sector.

Suggested Citation

  • Soichiro Takagi, 2022. "Solving Challenges in the Media Sector with DLT," Future of Business and Finance, in: Nikhil Vadgama & Jiahua Xu & Paolo Tasca (ed.), Enabling the Internet of Value, pages 103-112, Springer.
    • Handle: RePEc:spr:fuobcp:978-3-030-78184-2_9
    DOI: 10.1007/978-3-030-78184-2_9
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