Content distributing startup Eluvio has launched a new blockchain-based content fabric. The solution is aimed at enabling content creators to provide premium videos to their users efficiently.
Eluvio is a California-based startup that focuses on management and distribution of premium videos. The Eluvio Content Fabric aims to provide high-definition videos directly to consumers. The platform removes any aggregators such as transcoders and cloud storage providers as well as reduces the cost for the entire process.
Eluvio Content Fabric
The developer team claims that the platform gives the providers lots of managing powers. These include the supervision of the content while allowing dynamic modifications as well as rights control.
Furthermore, sources report that Eluvio Content Fabric operates like a worldwide network promoting real-time video distribution straight from the source. This, if true, would make the entire process very cheap and rapid as the system would not need to create extra copies of the file.
The team claimed that the content fabric is the result of the startup’s expertise in machine learning. Moreover, they stated that the firm implemented its knowledge of programmable media and blockchain data protocols to give the platform an edge.
Moreover, Eluvio revealed that the company is working actively to grow and as such, has planned various partnerships. It announced that the firm had joined hands with MGM Studios to improve the platform and expand its feature.
The adoption of Blockchain technology continues to increase both in the retail and institutional sectors. People have begun to understand the technology and its key feature. Many organizations have either utilized or are planning to utilize it to reduce time consumption and processing costs.
Therefore, adoption is expected to grow with the passage of time with the most recent example being Facebook‘s Libra and Telegram‘s TON.
