Cinedigm integrates Theta blockchain tech into anime streaming channel

American content distribution company Cinedigm now uses Theta’s TFUEL cryptocurrency as a reward for sharing and watching content.4206 Cinedigm, a major American content distribution company, is applying blockchain technology to one of its streaming channels.

The company has partnered with decentralized video delivery network Theta Labs to integrate Theta’s peer-to-peer streaming technology and cryptocurrency rewards into its CONtv Anime channel airing a wide range of anime series and movies.

As previously reported by Cointelegraph, the Theta network has seen some accelerated development recently, attracting collaboration from Fortune Global 500 firms like Google, Samsung and Sony. Amid the network growth, Theta Network’s token THETA hit new all-time highs in 2021, entering the top 10 cryptocurrencies by market capitalization in March.

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Author: Priyanka

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