Live streaming is expanding rapidly. Several live streaming platforms like YouTube, Facebook, Youtube, Instagram, Vimeo, Kaltura, and more are creating significant buzz in the media and entertainment space. However, live streaming is not devoid of challenges such as centralized systems barring widespread adoption, data and privacy issues, limited streaming models, and more. Hence, it has led to the emergence of blockchain-based live streaming. Let’s find out how blockchain app development for live streaming enhances the capabilities of interacting online in real-time and addresses challenges faced by traditional live streaming.
Now people have shifted their mode of entertainment from text and images to live streams. Blockchain technology proves a boon for streaming as it offers an alternative free from censorship and control by centralized companies like Google and Facebook. Also, blockchain-based streaming allows users to store data at many points, which makes the system more secure against hacking. The shared ledger functionality of blockchain offers people to see real-time streaming without any delay from around the world.
Ivan Ivanov