Blockchain
Filmio, Inc. – Blockchain, DeFi and NFT Software Development and Film Studio – Is Now Ingredient X
Filmio, Inc. announced that effective immediately its new brand name will be Ingredient X. Ingredient X is the creative force behind Film.io, the world’s most powerful decentralized filmmaking ecosystem that places Hollywood decision-making onto the blockchain and into the hands of creators and fans.
The name change represents the continued evolution of the organization as the original developer of technology for Film.io to a specialized software developer, and film-TV content studio. Ingredient X will continue to support Film.io with software contributions while it utilizes the platform as an industry participant studio to continue creating great content.
“With the upcoming public launch of film.io, our work as foundational developers is largely done. We’ll continue to support the platform as software developers and executive advisors, but our primary focus will now return to our passion of creating great content – only now able to leverage the most powerful decentralized filmmaking ecosystem ever created,” said Ian LeWinter, President of Ingredient X.
In its new evolution, Ingredient X will specialize in developing blockchain technologies and original entertainment content and experiences, including film, TV, VR and NFT projects. The organization produces original features and series including its upcoming paean to “Star Wars” fandom ‘5-25-77,’ releasing theatrically in select markets, and Landmarks Live In Concert, a hybrid travelog and music documentary series hosted by Red Hot Chili Peppers drummer Chad Smith and featuring musicians such as K.D. Lang, Alicia Keys and the Foo Fighters.
Ingredient X’s expertise also spans to software development through the leadership of its industry veterans. Its patent pending Vault Lock™ Protection technology is designed to address legitimate concerns by creators about IP protection and plagiarism, using a process in which new projects uploaded to the Film.io platform are given a ‘proof of originality’ timestamp.
“Ultimately, we are a group of serial entrepreneurs who enjoy a combined experience in
technology and entertainment spanning four decades. As Ingredient X, we will continue developing innovative DeFi, NFT and other blockchain related technologies, allowing us to implement smart contracts, achieve inter-blockchain communication and advanced solutions for entertainment,” said Bryan Hertz, executive chairman of Ingredient X.
Film industry professionals have begun using the blockchain and decentralized funding strategies to make the filmmaking process more efficient, democratized, and transparent and less costly and risky. Theilm.io platform streamlines all these cutting edge solutions into one efficient ecosystem. Fan engagement of a film project on the blockchain is one way Film.io promises to change the industry by (1) providing new avenues for independent content to get financed through fan interaction, and (2) allowing projects to build audiences and receive market validation at the idea stage, providing meaningful ROI data to film investors.
“When executives have evidence that an audience is excited about a movie or TV series well before it’s made, Hollywood’s doors will open to more original content that comes into being at a swifter pace. Imagine when aspiring creators can upload ideas, garner feedback from fans before production begins, and expose their projects to studios and production companies without the need for personal connections,” says LeWinter.
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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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