Will Blockchain Put the Final Nail in the Cable Coffin?

Published on by Cryptoslate | Published on

15% of Americans have canceled their cable packages, while 9% have never had a cable or satellite subscription.

Online streaming content providers are taking up a bigger and bigger slice of TV viewership, but is there a technology out there that can finally replace expensive and inconvenient cable packages once and for all?

TOK.tv and SuccessLife are launching blockchain video platforms that demonstrate how this technology could ultimately kill cable.

With 82% of sports fans respondents claiming they'd reduce or eliminate their cable subscriptions if they had other ways to access live sports.

"The social nature of live sports and the growth of entertainment options like fantasy sports make it particularly ripe for deepening relationships with viewers. 56% would like to have access to more interactive content, such as stats, exclusive interviews, and the ability to chat with other fans, while watching live sports."

In light of PwC's report, blockchain streaming platform TOK.tv is poised to become a cable killer.

TOK.tv plans to develop their team partnerships and eventually intends to offer full live-streamed and recorded events via secure blockchain transactions.

Personal development learners no longer have to scour YouTube or iTunes for relevant content-instead, they can use SuccessLife Tokens, which SuccessLife plans to integrate with third-party personal development providers to make SuccessLife Tokens the personal development world's go-to cryptocurrency.

Cable is already going the way of the dinosaurs, but streaming content needs to get more flexible, reliable, and customer-friendly to completely supplant it.

Blockchain might offer that boost streaming content needs to do away with cable forever.

x