VideoCoin introduces a new blockchain with cloud-based video services

  A new network aims to leverage unused computing power for decentralized video encoding, storage and distribution
09 February 2018   549

Co-founder of Live Planet, CNET and Salesforce.com Halsey Minor last month announced the launch of a VideoCoin network. The company is going to provide a low-cost video encoding, storage and content distribution system based in the cloud running on a new blockchain and with a native protocol token VID.

The new blockchain will be designed for fast transactions and combine Proof-of-Stake and Proof-of-Work concepts. Using peer-to-peer encrypted distribution and developing a new open APIs VideoCoin plans to spawn a new generation of video application. And as the first application, a project Live Planet that allows easy capture and distribution of live VR and 360° videos will soon roll out.

Several high profile figures are collaborating with Halsey on the project: Chief Architect of the Intel Video Transcode Service, Devadutta Ghat; two-time Emmy Award winner and Governor of Interactive Media at the Television Academy, Seth Shapiro and SVP of Digital Video Initiatives at Paramount Pictures and Technicolor, Seth Skolnik.

VideoCoin creates a new class of miners who do real work, not just accounting. Blockchain is the breakthrough innovation that lets us create a better infrastructure for the future of online video.

 

Halsey Minor

CEO

ICO will be held in early 2018.

Former SpaceX Engineer to Launch Crypto Exchange

Earlier CEO of LXDX Joshua Greenwald worked as the engineer on automation and propulsion systems at SpaceX
18 September 2018   92

The supplier of exchange technologies and services LXDX launches a new trading platform for digital assets. This is reported by the publication LeapRate with reference to the company's CEO Joshua Greenwald.

He said that the new platform will make institutional trade instruments available to a wide range of crypto traders.

Our immediate focus is on cryptocurrency and enabling every investor to utilize the exclusive tools, like smart order routing, that only institutions previously could access. When we built top tier infrastructure for traditional markets, our team solved many of the same problems facing cryptocurrency exchanges today. We are excited to bring a higher caliber of technology to cryptocurrency investors everywhere.
 

Joshua Greenwald

CEO, LXDX

The site will fully meet the requirements of KYC / AML.

Earlier Joshua Greenwald worked as the engineer on automation and propulsion systems at SpaceX. His startup received support from large investors, one of which was the venture fund Dymon Asia. In September, LXDX moved to Malta.