In NY the blockchain documentary produced by the co-founder of Ethereum was released.
A documentary film that outlines distributed accounting technology and has a co-founder of Ethereum as one of its executive producers had its theatrical premiere on October 26 in New York.
Written and directed by Alex Winter, Trust Machine: Blockchain’s story, it lasts 84 minutes and covers topics ranging from the history of Bitcoin to the promising use cases of distributed accounting technology. Joseph Lubin, co-founder of Ethereum and founder of the blockchain software technology firm ConsenSys, is one of the executive producers of the film.
With regard to the history of Bitcoin, the film credits the 2008 global financial crisis as the reason why the mysterious Satoshi Nakamoto developed an open and decentralized book for transactions. However, not everything turned out perfectly, and the documentary laments that BTC initially became famous for its use in illicit Internet businesses and alleges that, unfortunately, this earned the flagship cryptocurrency a perception and reputation that is still trying to get rid of him.
Critics have pointed out that the document serves as a useful handbook for anyone who is not familiar with blockchain technology. As the New York Times film critic Ben Kenigsberg writes, the film serves as a solid aid for teaching:
“A mix of leftover arguments for blockchain technology, ‘Trust Machine: The Story of Blockchain’, directed by Alex Winter (Bill & Ted Draft), is not always a model of clarity, but it does a decent job of Explaining the basic concept. “
Some of the contributions that blockchain technology can make to the world that the documentary film focuses on include combating identity theft and transforming energy distribution by empowering micro-producers of energy, such as households that can generate solar energy and sell the excess to the network.
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