On.Live implies live streaming and intends to spread revolutionary ideas for video media broadcasting. The project is based on blockchain technology, thus it assures high scalability and establishes a peer-to-peer network, where any user with some productive capacity and bandwidth to offer becomes a player in the live streaming market.
On.Live Services
People from around the world require various services, which cannot be gained due to certain limits preventing the accessibility from anywhere in the world. On.Live network presents an open market and focuses on offering qualitative services from any part of the world and contributing to a live broadcast any user wish to watch. The system is a decentralized marketplace for broadcasters and regular users that are able to organize an online conference with an expert in the required sphere or perform desirable trading and transactions. Thus, the primary objective of On.Live is to become a leader in the live consulting platform market, where any interested user is able to find a group of professionals and valued content within reach to give affordable access to their skills and required information.
The platform develops a wide blockchain support environment, which ensures service realization via online broadcasts and presents a site for live stream content that can be sold to a large public at reasonable prices. On.Live platform gives the users the opportunity to become a broadcaster and gain money for displaying valued content in diverse corporate models. Blockchain technology applied in the On.Live system assists in managing dealings and token payments. Customers will have to pay for every broadcasting minute and have the possibility to enjoy different interactive events, lectures or shows present in the platform. Advanced and updated techniques of the present platform provide access to HD live broadcasting along with chats and offerings of On.Live tokens. Users are enabled to utilize b2b and b2c technologies that are applied in workshops, online conferences, e-learning music, television and others.
How does it work?
The On.Live system is equipped with appropriate instruments and functions to meet the requirements of viewers and broadcasters. Two communication channels give the opportunity to create public broadcasts referred to wide number of viewers and private broadcasts for tete-a-tete meetings. Both options ensure initiators to monetize their actions, whilst rendering high qualitative services to customers.
Service providers or initiators establish proper channels to sell live services or they are able to broadcast to a large public in PPD, PPV, PPM, etc and conclude smart contracts to transcode and relay services. Users make payments for completed services and accessibility to diverse live video broadcasts.
Transaction and Content Security
Transactions between all interested parties are guaranteed by the applied blockchain technology and concluded smart contracts. The final version of the platform does not require a trustworthy authority to prove every dealing between parties.
All the content broadcasted by transmitters is encrypted so that only certain transcoders and recipients that have purchased the broadcast can decrypt and utilize the content.
Conclusion
The live stream media market represents a site enabling service providers and initiators to render their services through online, audio and video broadcasts. Each viewer or service consumer has the possibility to rapidly utilize it by looking for offerings of trustworthy experts wiling to render those services. Thus, the platform might be equate with an online marketplace of live media services, wherein each interested person is enabled to find professionals, skilled individuals and enterprises that provide diverse service kinds like legal or medical consultations and other expert advices or, for example, piano lessons online and via mobile applications.
Authored By: x0r2