WeFilmchain and Elastos Strategic Partnership
WeFilmchain and Elastos Lead Media Conference to Launch Collaboration on New Blockchain Applications for Film and Media Content
Elastos joins together with the WeFilmchain platform to kick off a new model for the future of film and video content production and distribution
The City of Vancouver, British Columbia played host to an event at the Vancity Theater
Beginning with a press conference on July 6, 2018 introduced by Pheonix Gold presenter Ms. Lisa Wu. The event was held to introduce the participation by WeFilmchain and Elastos in a cooperative blockchain initiative designed to deliver the next generation of movie production and financing management.
Organizers of the conference included leaders from the film, television and blockchain sectors including Elastos Foundation, WeFilmchain, the Canada-China Film and Television Cultural Association, Canada Multicultural Promotion Association, Canada Multicultural Promotion Association, Global Streamline Blockchain Solutions (GSBS); and the Blockchain Impact Institute.
Key guests in attendance at the conference included Dr. Han Feng, the co-founder of Elastos, and Mr. Hu Hongjie, Chief Secretary of Elastos ; Mr. Zhong Nenghui, President of the Canadian Multicultural Association, and Mr. Wang Xiangdong, Vice Chairman of the Canadian Association of Henan Friendship Association. Also in attendance were Xie Qing, President of the Wenzhou Association of Canada, You Zhaofeng, and Vancouver City council candidate, Mr. Xie Wei.
The core members of the WeFilmchain team attending the conference were Garnet Campbell, Jason Mills, Wes Sargent, Michael Shi, Paula Li, Jerry Zhang, Leon Yan, Cherry Cai, Ming Chiang, Dongdong Huang, and Cher Xing.
Phoenix Satellite TV handled the live interview, recording and broadcast coverage of the event, which was shared by several media partners including the Global Chinese Press, Global China News, Wendu Media, Times Media, Lanshi Finance, Scopemedia, and Hoha Creative.
Onsite photography was provided by the President of the Canadian Association of Chinese Photographers, Mr. He Pengling, with video content courtesy of the WeFilmchain team headed by director Wes Sargent.
The introductory speaker at the conference was Dr. Han Feng, a visiting researcher at Columbia University, co-founder of Elastos, a former blockchain consultant at Huawei Academia Sinica, and secretary general of the Asian Blockchain DACA Association.
Dr. Fen has authored several landmark publications including the “Blockchain New Economic Blueprint and Guide”, “Blockchain Development and Examples”, “Blockchain-Quantum Wealth View” and other monographs, and participated in the development of the Tsinghua University postgraduate public class, “Cyber Intelligence and Blockchain.” Dr. Han Fen is also one of the main proponents of blockchain applications and widely known in the industry as a visionary.
Elastos is the world’s first Internet operating system to use the Internet as its underlying infrastructure. It emphasizes the separation of network communication and application computing, and prohibits applications from directly accessing the network thereby eliminating most of the virus attacks on the Internet. From a technical point of view, Elastos is essentially the infrastructure of a smart contract economy. The overall technical architecture of Elastos includes blockchain, decentralized Internet infrastructure, and a computing environment. It provides a credit system, a secure computing environment, the secure transaction and circulation of digital assets, and supports developers to create practical and decentralized applications that are easy to use.
In his speech, Elastos co-founder Dr. Han Feng pointed out that intellectual property has no limitations, and yet third world countries are at a deficit. That’s because developed countries have been able to capitalize on IP development and ownership. Feng suggested that by using the Internet technology capabilities that are cloud-centric, it is possible to verify ownership of digital products such as movies in a blockchain, making the digital content secure and trackable. Once the digital rights are confirmed, they can be resold. With its authenticity intact, the initial digital information can be monetized again and again, offering a value investment with a true basis for significant appreciation.
Feng says that by joining their unique technologies, Elastos and WeFilmchain can better realize the vision and potential of both systems, and achieve a seamless opportunity that benefits all users. Dr. Feng also stated that he believes that the future of WeFilmchain combined with the technology of Elastos can turn the global digital marketplace into a new, wider revenue source, supporting a new, film production and sales model, including the realization of the future of such a financial system. It may also become one of the first Dapps (Decentralized App) to lead the Elastos blockchain system.
The WeFilmchain project based in Vancouver, Canada, was initiated by exchange listings expert and film investor Michael Shi. WeFilmchain is a blockchain based platform created to help filmmakers and content developers realize their dreams for success in media or film production. Along with offering a peer-to-peer video and audio streaming platform, the company’s blockchain system employs smart contracts in order to manage teams and contracts, settle funds exchange, and share profit distribution in the film production process. In this way, WeFilmchain allows for real time, resource redistribution enabling contributors, investors and audiences to participate. It hopes to become a role model, creating a vision of a vibrant and growing ecosystem for filmmakers, investors and fans to achieve a fair, rational and transparent distribution of resources. Together, WeFilmchain and Elastos can effectively resolve many long-standing issues of the industry and bring multiple benefits to the mass of users in film and television space.
The WeFilmchain APP1.0 has a planned launch date set for the end of August. After the APP is launched, the connected wallet function will be able to automatically complete airdrops of registered online users for various online and offline activities associated with the app.
Future updates to the app are planned which will include an an online store, project investment functions, smart contracts, centralized and peer to peer video playback and streaming.
In addition to WeFilmchain’s cornerstone investor AGM Group Holdings Corp., Elastos co-founder Han Feng, Elastos Fund, Kunlun Brothers, iBank, and a number of independent investment institutions have indicated their intentions to join the collaboration through investment. As a digital investment bank, iBank Digital is participating in the planning and promotion of the WeFilmchain project together with the Global Streamline Blockchain Solutions.
Garnet Campbell, CEO of WeFilmchain, is not only the co-founder of WeFilmchain, but also a filmmaker and digital film education strategist. His first documentary, “Through the Gates of Hell (2005),” exposed the interaction between prisoners and prison guards in a violent prison in Guatemala. He launched the film school, Digital Cinema Push in 2007 and was joined by director Jason Mills to lead its’ inaugural class. That same year they jointly produced the film “They Came From the Attic”. Since 2012, Campbell has been helping to develop scores of new filmmakers at the Delta Film Academy.
Garnet Campbell is an experienced media producer with strong technical and business experience in dealing with media, production, business development, project management, marketing strategies and team building. During his over 15 years of experience, he has demonstrated the ability to lead a diverse and innovative team who have achieved new levels of success in a variety of new media and online markets.
Jason Tomeric is an Emmy, Telly and CINE award winning director and cinematographer of four internationally-distributed feature films, dozens of national television commercials, music videos, and is responsible for the creation of the world’s largest movie training content libraries. The eight books published by Tomeric are widely used as textbooks by many top universities. His movie training platform Accuskills / Filmskills, has been adopted by more than 70 universities worldwide. Filmskills online training platform filmmakers have chosen WeFilmchain new platform to obtain the skills courses.
Director David Vandas (writer/director of the film “Blood Red” (In Development)), expressed his intent to participate with the WeFilmchain project.
On the day before WeFilmchain and Elastos reached their agreement to collaborate, the production company Wonderfilm announced a strategic partnership with the WeFilmchain. Wonderfilm Media Corporation is leading international film and entertainment industry production company with offices in Beverly Hills and Vancouver. Its business model is built around producing high quality, low cost movies and TV programs. The company’s CEO, Kirk Shaw, is a top-ranked producer in Hollywood. He has produced more than 200 films and produced big budget blockbusters well known to global move audiences.
Wonderfilm Corp’s Executive Vice President and Director, Norman Tsui delivered a speech at the events opening. Norman Tsui has 25 years of experience in large-scale international organizations including KPMG Goldman Sachs, which is developing rapidly in finance, technology, media and bioengineering. His personal management experience includes handling more than $4 billion US in business transactions. Mr. Tsui gave a detailed introduction to the strategic development plans between Wonderfilm and the WeFilmchain.
Colin Wiebe, the founder of Imagination Park, a publicly traded company, and Matrix Blockchain Development Corp, and a consultant to the WeFilmchain explained how he foresees that blockchain technology will be used to solve the intense demand and bottlenecks in the industry. Mr. Wiebe pointed out his involvement with WeFilmchain as a leading consultant to the technology.
At the conference close, host Ms. Lisa Wu, on behalf of the organizers and co-organizers of this conference, thanked all the guests present, all the local, foreign and even foreign visitors, all media assistance, photographers, photographers, teachers, technicians, performers, volunteers for attending. Wu stated, “Without you, this event and ongoing support of WeFilmchain project, the WeFilmchain and blockchain technology conference could not be successful in just one week.”
Wu also thanked the WeFilmchain team and all the volunteers for presenting their insight and knowledge of blockchain and its application to the film and online content industry.
As a postscript, it was announced that the WeFilmchain APP is currently being tested and is scheduled to be officially launched at the end of this month. All guests registered via email at the conference will be eligible to download the WeFilmchain APP when released and will receive 80 FilmC tokens.
