Overview

Blockchain technology is a consensus-based, secure, decentralized ledger that is jointly operated by a group of participants in a given ecosystem or consortium. The technology has evolved significantly from its use as a platform for cryptocurrencies and now supports a wide range of uses in the commercial and public sectors. It offers:

  • Trusted, immutable, distributed transactions

  • Decentralized, secure and transparent data

  • Automated processes based on smart contracts

Our Offering

Blue Rose is a fast emerging global player in blockchain market. Blue Rose specializes in providing blockchain solutions across industries

Blue Rose sees enormous potential for blockchain in various services. We’ve developed the strategic and implementation capabilities necessary to help financial institutions, technology companies and startups take advantage of this transformative technology. Our global team of experienced business, can help you identify how blockchain can benefit your organization and how to rapidly move these initiatives forward.

Blockchain Solutions

Digital Wallet Solution

  • Digital wallet to store, send and receive digital currencies and tokens
  • Multifactor authentication to access the Private Keys file
  • Customizable for specific business requirements

Cryptocurrency Exchange Platform Solution

  • An exchange platform for users to buy/sell/trade cryptocurrencies and tokens
  • KYC, Sign-up and Login functionalities enforced with proper security mechanisms
  • Reporting and analytics with a dashboard page for users

Custom Blockchain Solution

  • Permissioned (Private) and Permission-less (Public) Blockchain solutions with specific requirements
  • Tailored consensus mechanism
  • Legacy system integration
  • AI and ML integration for advanced analytics

ICO Product Integration Solution

  • Permissioned (Private) and Permission-less (Public) Blockchain solutions with specific requirements
  • Tailored consensus mechanism
  • Legacy system integration
  • AI and ML integration for advanced analytics

 Blockchain Case Study for Media Industry

Business Problem

The existing market size of the media distribution industry is valued at $13.8B. The current culture favors large production companies. This leaves a great majority of artists without a focused platform to promote their creative content.

Moreover, there is no transparency around Artist payments. Artists are not paid directly but through an intermediary.

indieOn wanted to change this culture with access to a decentralized platform and the technological advancements of Blockchain technology as well as a new approach to artist’s benefits. indieOn is passionate about Artists receiving higher value and faster service than they currently do from traditional streaming platforms.

Solution Components

  • A digital platform for artists to market, monetize, manage and distribute creative content, media, and merchandise.
  • A media token (NDI) allowing indieOn to incentivize creative content makers such as musicians, film makers and podcasters.
  • A media token (NDI) allowing indieOn to incentivize listeners and help them make purchases within the indieOn App including the online store.
  • An AI (Artificial Intelligence) component that helps artists determine in advance how successful their creative content will perform against the indieOn portfolio of content
  • We used “Popularity based” plus “Content based filtering” algorithm for showing trending items in indieOn

Result

The solution achieved these business benefits:

  • Blockchain technology allows us to foster a generation of new media business models where everyone who interacts within the community are rewarded with Tokens
  • Blockchain allows transparency around Artist payments. Artists are paid directly (not through an intermediary). Artists are paid instantaneously.
  • As Artists upload, they create a persistent identity on the distributed ledger to authenticate ownership. In turn, indieOn rewards artists for uploading their creative content.
  • Revenue optimization and fewer intermediaries, yield greater revenue for musicians
  • indieOn rewards audiences who promote the creative content of artists.
  • Reporting allows Artists to understand how much they will be paid and from what demography’s, geography’s and sociology’s. All in real time

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