Content Delivery Networks (CDN) play a crucial role in the whole video streaming ecosystem. It offers the backbone infrastructure to deliver the video streams to end viewers.
One major limitation of today’s CDN networks is the so-called “last-mile” delivery problem. Generally, CDN providers build data centers called Point-of-Presence (POPs) across locations around the world. This happens while expecting that these POPs are geographically close to the viewers. However, the number of POPs is limited which is not near enough to the majority of viewers, especially in less developed regions. This “last-mile” link usually serves as the bottleneck of today’s streaming delivery pipeline. This often leads to a less optimal user experience including choppy streams, bad picture quality, and frequent rebuffering.
Concerning streaming sites and content platforms, one major concern also is the CDN bandwidth cost. For some popular sites, the CDN bandwidth total cost can easily reach tens of millions of dollars per year. Even if platforms own proprietary CDNs, maintenance costs are mostly high.
The company’s mission is to grasp blockchain technology to pioneer a Decentralized Video Streaming and Delivery Network. Here, partners are incentivized to share redundant computing and bandwidth resources to address today’s video streaming challenges.
Whether it is on a smartphone, a tablet, a computer, or even on smart tv, a video streaming community could smartly use a decentralized, incentivized peer-to-peer network, having less structural costs and unlimited scaling possibilities.
Specifically, viewers across the globe can contribute their devices as “caching nodes” as they form a video delivery mesh network. As a result, the VUCO Network can effectively address the technical challenges in the video streaming market. How?
First, users’ devices are geographically much closer to each other. This reduces packet round-trip time and improves the stream delivery quality, hence addresses the “last-mile” delivery issue.
Second, with a sufficient amount of caching nodes, most users will receive the stream from caching nodes that will help streaming sites reduce their CDN bandwidth cost.
Third, caching nodes also potentially creates next generation streaming technology a practical one.
Bottom line is, to encourage viewers in contributing their computing and bandwidth resources, VUCO can act as an incentive mechanism. Not only does the VUCO motivate viewers to join the network but it also greatly improves the streaming market efficiency by streamlining the video delivery process. More interestingly, Vuuzle streaming and content platforms can open up new and incremental revenue opportunities with VUCO.
Vuuzle creates a peer-to-peer network where its platform Vuuzle TV can incentivize the distribution of their media and remove unnecessary intermediate parties by sharing their revenues with the shareholders. The company also offers digital solutions in video streaming challenges through its newest token, the VUCO.
VUCO allows open doors at a fair price for watching licensed content in a friendly and safe environment. Moreover, VUCO is an open network, a friendly and intuitive platform, a token and a wallet.
As the network grows, so does its bandwidth, making it more efficient and able to handle more users. The more content is being shared, the better bandwidth it will have for being distributed and streamed.
The content spreads across the network, and a final user gets it from many seeders at the time. However, the payment channel is decentralized and the consumer is able to pay directly to the producer, without any intermediary party being involved. The content producer chooses whether he/she wants to share part of its earnings with the network or not, and in which conditions he/she would do that.
Watch out for more exciting announcements for VUCO!
Written by Francesca Jade Hernandez | Content Writer & Public Relations Specialist
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