Pay Per View - Using IOTA distributed ledger (Round 4)
NorwayProject type: prototypeMediaconnect AS
Next generation blockchain technology is used to trigger instant micro payments when viewing news content. This enables true real-time transactions on a pay-per-view basis, and gives publishers an innovative way to monetise content.
Most online newspapers make their money from ads or time-based user subscriptions. Very few have succeeded with a pay-per-view model. We are challenging the landscape by creating an ecosystem that makes pay-per-view a user-friendly option for consuming paid for news content. In the process we’re also removing the need for third-party payment providers, and effectively eliminating current fees and transaction costs.
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