Decentralized Video Streaming: Unleashing the Potential through Blockchain-Powered Platforms
Journal: International Journal of Multidisciplinary Research and Publications (Vol.6, No. 7)Publication Date: 2024-01-15
Abstract
As the demand for high-quality video streaming continues to rise, traditional centralized platforms face challenges related to scalability, user experience, and content creator empowerment. This review paper explores the paradigm shift towards decentralized video platforms powered by blockchain technology. We delve into the fundamental concepts of decentralized video streaming, examining the potential benefits for content creators, users, and the broader streaming ecosystem. By analyzing the integration of blockchain, smart contracts, and tokenization, we uncover novel economic models that incentivize participation and innovation. Case studies illuminate successful implementations, showcasing the transformative impact on content distribution, user accessibility, and economic incentives. However, challenges such as scalability, technological barriers, and regulatory considerations are also addressed. Through this comprehensive exploration, we aim to provide insights into the present landscape, future trends, and the profound implications of decentralized video streaming on the evolution of digital content distribution.
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Last modified: 2024-03-03 19:04:57