MovieChain is a distributed business infrastructure for movie industry of emerging markets (India, Southeast Asia, Africa and South America). It is built upon the foundation of blockchain technology with a digital asset trading platform as its superstructure, combined with millions of users from the mother product Xender app. In short, MovieChain is an innovative and decentralized movie distribution ecosystem.
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Xender introduces the technology of Blockchain and token economy to build this distributed business infrastructure of movie industry: MovieChain. It is a decentralized, traceable, digitized and assetized ecosystem as well as business platform of movie industry, providing services to the registration, discovery, downloading, transferring, purchasing, consumption and other transactions of any digital assets in the form of movie, music video, television series and etc. In the meanwhile, MovieChain will launch its own token plan with the name of MovieCoin (MVC). The tokens issued will be used as incentive to vitalize the ecosystem and all its participants.