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The world has witnessed the usage of bitcoins and cryptocurrencies for the last few years. Blockchain has become one of the hottest topics in the film industry and is currently discussed in the blogosphere with enthusiasm. But, does blockchain really have the potential to create valuable changes in film industry infrastructure or is it just a technology mirage? The world has become aware in this regard of how the recent developments in decentralized web and blockchain technologies are transforming the film industry in different aspects.