- The world’s first live streaming platform using blockchain technology goes in the testing phase
- BLive is a multifunction audio and video tool with instant messaging & live streaming
- Public beta expected to be launched on Sept. 20
The peer-to-peer streaming protocol, BitTorrent began internally testing BLive, boasted to be the world’s first live streaming platform using blockchain technology, the company announced on Sept. 4.
BitTorrent protocol is the largest decentralized protocol with over 1 billion users. Last year in July, Tron acquired the P2P downloading network.
Based on Tron and BitTorrent protocols, BLive is a multifunction audio and video tool that integrates instant messaging, live streaming among other features.
“With more than 100 million monthly active BitTorrent users, BLive can tap consumers who want to seamlessly combine entertainment with cross-border payments to content creators.”
In currently ongoing internal testing, BLive users will experience audio and video live streaming including payment systems, users relationship, account system, top user charts, and gifting systems.
The platform is working to redefine the way how each participant operates and cooperate with each other in an organic vital ecosystem.
“By combining a constant audio/video output with a token economy, BLive delivers great value to the live-streaming industry by allowing content creators to take a larger share of profits than other live-streaming platforms.”
Investors, consumers, and content creators will be close-knit in the tokenized system of BLive in what the company says will be a
“brand new way.”
Now, that the system is being integrally tested, this month itself, that is Sept. 20, BitTorrent will release the public beta of BLive to gather user feedback.
