Comcast Turns Its Eyes Toward Blockchain Technology For Growth

Blockchain, Investing, News | February 13, 2018 By:

Media giant Comcast, having been thwarted in its bid for 21st Century Fox, is turning its eyes toward the blockchain industry.

The company’s venture capital arm  has already laid down some money on several blockchain ventures, notably mState and Blockchange Ventures. And reports indicate that it’s taking an aggressive approach toward exploring other opportunities in the sector.

Comcast is a $180 billion media company encompassing numerous media properties, including broadcast networks, cable networks, movie studios and theme parks. Its properties include NBCUniversal, NBC-TV, and Telemundo, as well as digital operations and the Universal Studios theme park.