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Blockchain to Support User Voting on the Fight to Fame Show

Know everything about blockchain and how user voting works in a fight to fame show

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Blockchain
Blockchain is vital for added transparency, and Fight to Fame will be using this technology for its voting system. Pixabay

At some point in our lives, you’ve probably voted for our favorite contestant in some competition or reality show. While not necessarily understanding how the voting system works, you still voted anyway because the idea of supporting that person was your top priority.

Fast forward to the present, a lot of anomalies have risen about voting systems being controlled by producers and not really being presented the honest results. Today, at the back of the viewers’ minds, there’s this constant doubt that the results may be rigged by politics in the show.

Lucky for us, blockchain technology has a way to counter that. Blockchain is vital for added transparency, and Fight to Fame will be using this technology for its voting system. 

Vote blockchain
We’ve all voted for our favourite contestant on some reality show and the blockchain technology helps us understand how these voting systems work. Pixabay

How Blockchain Works

Being a relatively new concept to the world, a lot of people still don’t understand how blockchain technology really works. Most people have probably heard about cryptocurrencies, more specifically the ever-popular Bitcoin – which we can credit much of blockchain’s fame to.

While it’s the more popular application, cryptocurrencies are just a form of how blockchain can be used and there are still other applications that prove to be useful for several industries. A lot of developers are looking for applications that might be breakthroughs for their industry.

Ever since it was first released years ago, blockchain technology has always instilled the notion that it promotes trust and transparency among its users. These are two issues that have long plagued several industries – including the entertainment industry. 

With blockchain, there’s a guarantee that these issues won’t ever surface. In the simplest sense, the technology itself is a digital ledger – which is a chain and not central storage – that relies on peer-to-peer verification, processing, and recording. Whatever the transaction is, it can exist in millions of nodes that won’t easily be erased nor corrupted. Compared to previous technology, blockchain banks on the idea that there’s never central storage of information but millions which make it incredibly transparent to those who are part of the chain. 

Given the importance of transparency for blockchain technology, it’s quite understandable how big industries – financial institutions – are looking into how they can incorporate it into their systems. This is just one of its many applications, but it’s already been changing how the game is played for several industries. Who knows what other revolutionary applications it’ll bring to the world in the future. 

Blockchain technology
Given the importance of transparency for blockchain technology, it’s quite understandable how big industries – financial institutions – are looking into how they can incorporate it into their systems.

Blockchain Applied to the Fight to Fame Show

Reality shows, over the years, have cultivated skepticism about their voting systems. Voting frauds have been exposed and people are now doubtful about how these systems actually work.

Of course, viewers won’t really know the real results unless they investigate them but what the show’s production chooses to show is basically what the public gets. So if the results were rigged, viewers won’t really know, right?

As discussed in the previous section, blockchain technology guarantees the kind of transparency viewers are looking from reality shows. With the show’s unique business model that banks on blockchain technology to support several functions, gaining trust won’t be a problem. 

Being a reality show, viewers can buy Fight to Fame Action Star Championship Series cards, the show’s very own cryptocurrency, to support their favorite candidates. The show’s tokens give viewers VIP access to exclusive events and will let them place their bets on their favorite contestants without really worrying if their money will go to waste or not.

Unlike other reality shows, the decentralized voting system uses blockchain technology, through its cryptocurrency, to innately promote transparency. This technology is extremely difficult to rig which is why voters can guarantee that the results they see are the real results. As a show that gives the average person a chance to stardom, this transparency is indeed vital to holding the public’s interest. During crucial assessment episodes, the public will be at the edge of their seats, voting for their bet. 

Knowing that there’s no way the voting system can be rigged will have people working twice as hard to guarantee that their bet will win which makes the public even more invested in the show. This kind of engagement will not only propel the show’s popularity, but also the contestants’. 

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At the end of the day, blockchain technology’s use in this show isn’t just useful for its producers, but also for both the viewers and the contestants. Who doesn’t want to witness a fairly played competition? 

Next Story

India Becomes the Second Largest Smartphone Market After China: Report

India surpasses US to become 2nd largest smartphone market

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The Indian smartphone market surpassed the US for the first time on an annual level. Pixabay

New Delhi: Riding on Chinese brands, the India smartphone market surpassed the US for the first time on an annual level and this is the latest science and technology news, becoming the second-largest smartphone market after China globally — reaching 158 million shipments in the calender year 2019 with 7 per cent (YoY) growth, a report from Counterpoint Research said on Friday.

While Xiaomi continued to be the top player with 28 per cent market share in the calendar year 2019, Samsung was second with 21 per cent and Vivo at 16 per cent market share, said Counterpoint’s ‘Market Monitor’ service.

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India has now become the second-largest smartphone market after China globally. Pixabay

“Although the rate of growth for smartphone market hit single digit for the first time ever on an annual basis, India is underpenetrated relative to many other markets with 4G penetration in terms of subscribers being around 55 per cent,” said Tarun Pathak, Associate Director, Counterpoint.

“Chinese brands share hit a record 72 per cent for the year 2019 as compared to 60 per cent share a year ago.

“This year, we have seen all major Chinese players expanding their footprint in offline and online channels to gain market share. For instance, Xiaomi, realme, and OnePlus have increased their offline points of sale while brands like Vivo have expanded their online reach with Z and U series,” said Anshika Jain, Research Analyst at Counterpoint.

Over the past four years, Xiaomi, Vivo, and OnePlus have grown 15 times, 24 times and 18 per cent, respectively.

“This highlights that OEMs are mature enough to capture next wave of growth and expand their operations in India,” Jain added.

Smartphone
Although the rate of growth for smartphone market hit single digit for the first time ever on an annual basis, India is underpenetrated relative to many other markets with 4G penetration in terms of subscribers being around 55 per cent. Pixabay

Samsung shipments remained almost flat (YoY) while it has shown a 5 per cent (YoY) decline in 2019.

“This is for the first time Samsung transitioned to a completely new portfolio targeting different channels (offline with A series and online with M series). However, it needs to double down its efforts to keep the momentum going,” the report noted.

While the smartphone market registered YoY growth, the feature phone market witnessed a steep decline of nearly 42 per cent YoY in 2019 and 38 per cent (YoY) in Q4 2019.

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“This is due to slowdown in the new shipments from Reliance Jio. However, the players such as itel, Lava, Nokia and Micromax registered positive annual
growth despite the overall segment declined showing the untapped potential of the market,” said the report.

In fact, itel emerged as the number one feature phone brand in Q4 2019, followed by Samsung and Lava. (IANS)