How can technology help the gaming industry play fair?
Our blockchain solution gives Microsoft Xbox an infrastructure that helps them manage and reward game creators.
The video game industry (which has a 2019 revenue forecast of $152b)1 employs some of the brightest creative and technological minds. And while this marriage of creativity and technology was bringing enjoyment to the masses, Microsoft Xbox’s processes meant that game creators faced some unique challenges.
Global gaming industry$152b
of forecasted revenue, serving over 1.7 billion consumers worldwide.
Microsoft Xbox’s legacy system for securing and managing royalty payouts was cumbersome, sometimes taking over 45 days to issue payments. This complexity wasn’t just causing mounds of paperwork; it was also creating anxiety for creators with small businesses and limited resources. Microsoft Xbox knew there had to be a smarter way to manage the process, so it engaged EY to implement a suite of smart digital solutions to address the problem.