dTelecom, a decentralized communications platform, is making waves in the streaming industry with its migration to peaq, a blockchain platform dedicated to decentralized private networks and real-world assets. This move signifies a shift towards leveraging blockchain technology to address the challenges posed by centralized streaming services.
As video streaming continues to play a crucial role in entertainment, business, and personal communication, platforms like Netflix and Twitch have become household names with millions of users worldwide. However, concerns about security, censorship, and transparency have plagued these centralized services.
In response to these issues, dTelecom is leading the way in decentralized video and audio streaming, empowering users and developers by decentralizing control away from central authorities. Through its DePIN technology, dTelecom enables the decentralized distribution of live audio and video content, offering a robust alternative to traditional protocols.
The partnership with peaq is a significant step in this direction, with dTelecom planning to utilize peaq’s blockchain as its foundational infrastructure. This collaboration will see the integration of peaq’s software development kit and decentralized identities for a more secure and scalable streaming solution.
Petr Malyukov, co-founder of dTelecom, envisions a wide range of applications for their technology, from decentralized versions of popular platforms to innovative use cases like Web3 streaming services. With peaq as their backbone, dTelecom aims to disrupt the centralized market and revolutionize streaming services.
As part of the migration to peaq, dTelecom will transition its smart contracts, introduce a reward distribution mechanism, and onboard nodes on the peaq network. The initiative will culminate in a Token Generation Event, launching dTelecom’s native token on peaq and solidifying its position within the DePIN ecosystem.
Till Wendler, Co-founder of peaq, sees live streaming as a compelling application for DePIN with significant market potential. He expressed confidence in dTelecom’s ability to create value within the peaq ecosystem and transform live streaming as we know it.
Overall, dTelecom’s migration to peaq marks a significant milestone in the decentralized streaming space, promising a more secure, transparent, and user-centric approach to audio and video streaming.
