OTOY Will Work with Content Groups to Improve Security on the Blockchain
OTOY the GPU-Cloud firm is working with Content Delivery and Security Association. OTOY will hold a role as an advisory member of the board. OTOY will help in the development of blockchain security solutions and standards for smart content. It will be working with leaders in the media industry, including leading studios.
Why It Matters
By working with CDSA, OTOY will unlock new value for blockchain technology by securing the contract with the blockchain and smart contracts. First, they will work with the CDSA board, the technology committee, and the general membership. They will then start work in a Trusted Partner Network where they will create an app and the cloud security protocol for it. The TPN is a joint project between the Motion Picture Association of America and CDSA.
Recent OTOY Achievements
OTOY released its RNDR Network in 2017. According to OTOY, this is the first 3D asset market that is powered by GPU-Cloud rendering. This marketplace is designed for very high resolution, and frame rate media. Via the P2P network, RNDR will increase the computing scale of the GPU-cloud. It will then come up with new models for smart contracts in the monetization of holographic and digital media. This will entail monetizing mixed reality and VR content.
Using CDSA, RNDR is going to work with other content developers and studios to ensure that the nodes offer the best in terms of cloud security.
What The Leaders Had to Say
The CEO of OTOY said that his company was happy to be working with industry leaders at CDSA. According to him, this work will asset in bringing about standardization in the distribution channels and cloud-based solution required for the future of content. His hope is that this work will advance their current digital transformation efforts and lead to more channels for monetization and efficiency.
OTOY plans to continue creating the standard for use on decentralized nodes that will join the RNDR network. As a result, it will offer security and IP protection for the entire industry. This will also entail embedding the standards into the ORBX framework.
Examples Of This Vision
A good example of this vision is the provision of high levels of security and metadata for the OTOY LightStage data from facial scans. The data will not be embedded onto RNDR. This will create a new opportunity for monetization. The technology, which has won various awards has been seen in various performances such as the digital performance of Grand Moff Tarkin by Peter Cushing in Rogue One.
According to OTOY CEO, the media of the future will be fully immersive. There will be ultra-high resolution media that will be rendered and streamed using cloud technology. For them to reach the growing devices that include phones and XR headsets, the industry will need to scale. Besides that, there will be a need to introduce metadata structures that move the world beyond traditional formats. The CEO concluded by saying this would only be achieved via partnerships such as the one they had with CDSA.