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   321

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.

Consensus 2018 summit to be held in New York City

4th annual blockchain technology summit - Consensus 2018, will take place in New York City on May 14-16
22 April 2018   41

CoinDesk has announced its 4th annual blockchain technology summit Consensus 2018 on May 14-16 at the New York Hilton Midtown. Along with the discussions on the blockchain technology, the event is going to feature a hackathon, PoW pitch competition and a scholarship award in a partnership with Zcash. Title sponsors of the event include bloq, Deloitte, Ledger, Octagon Strategy and SONM.

Consensus 2018 will feature 250+ speakers and 4,000+ attendees from the leading industry startups, investors, financial institutions, enterprise tech leaders, and academic and policy groups who are building the foundations of the blockchain and digital currency economy. Among the notable speakers there will be Blockstack co-founder Dr. Muneeb Ali, J.P.Morgan blockchain program lead Amber Baldet, eToro CEO and founder Yoni Assia, Hyperledger executive director Brian Behlendorf, ConsenSys founder Steve Cerveny, Athena Capital founder Meltem Demirors and many others.

The full 3-day agenda of the event can be found here.