An Introduction to Bitfilm & Bitcoin in Bangalore, India

Intro to Bitfilm & #Bitcoin in #Bangalore, #India via @bensonsamuel @cis-india @pranesh_prakash @bitfilm @aaron_koenig

Aaron Koenig gave a talk on the creation and use of Bitcoin, and on a payment system designed for the voting process of the Bitfilm Festival for Digital Film. Since the year 2000, the Bitfilm Festival has been showcasing films that use digital technology in a creative and innovative way. It takes place on the Internet. However, physical screenings of the films will be held in Bangalore and in Hamburg. Each of the 59 nominated digital animations has its own Bitcoin account, and users worldwide may vote by donating Bitcoins to the films they like anonymously and without any transfer costs. The donated money will be divided among the most popular films (the films with the most votes/Bitcoins).

Full article: http://bensonsamuel.com/2013/01/25/an-introduction-to-bit...