Blockchain Trends to Keep an Eye On

One of them is that blockchain will transform content streaming.

VideoCoin would use blockchain to manage video processing spread across unused computer structure, significantly lowering streaming costs.

Utopi is another innovative company using blockchain to improve streaming content.

Utopi users exchange blockchain tokens for access to live streaming events such as concerts and classes.

Utopi uses Go-to-Live Protocol, a dApp built on top of Dispatch Labs' uniquely scalable blockchain protocol.

Mainstream companies are making overtures to blockchain streaming video.

Netflix announced they were considering Bitcoin transactions back in 2016, though they've taken little blockchain action since and some finance reporters wonder if blockchain will help their competitors get an edge.

Comcast's venture capital arm invested $3.3 million in Blockdaemon, while their technology development team is working on a blockchain spinoff called Blockgraph.

James Kobielus writing for SiliconANGLE observes that blockchain video startups are unlikely to challenge Netflix or Hulu directly anytime soon-these platforms boast substantial market shares and consumer bases, and create high-budget, star-driven content.

Promising blockchain-based startups such as Utopi and SuccessLife are providing video and content delivery services via blockchain transactions.