Crypto News

Kaafila – A New Decentralized Media Platform

Storing & Sharing data is a cornerstone of business in the connected world and it boosts innovation for public and private sector organizations. However, if you can’t trust that the data has not been altered, then the data becomes nearly useless. By using IPFS and the Algorand Blockchain, businesses, and connected machines can trust in the security and privacy of the data. Kaafila is a decentralized platform for all Media which includes Audio, Video, Live Streaming, Movies, Games, podcasts, TV Shows, Web Series, Audio Books, Photography, News & Radio. With the power of block chain technology media providers will have full access to finance and content. A network that will be corruption free & transparent.

Kaafila is a decentralized platform for All Media which includes Audio, Video, Live Streaming, Movies, Games, Podcast, TV Shows, Web Series, Audio Books, Photography, News & Radio. With the power of block chain technology media providers such as Content providers, Producers, Journalists, etc. will have full access to finance and content. By creating a cryptographic hash of the document at the source with IPFS Network and Algorand Block chain, you have a method of proving that the data is unchanged. Besides, you may also want the data to remain private and allow only authorized users to view it as well as be able to revoke this authorization when needed. By using any standard Encryption method, the data can be secured and only visible to those with the corresponding decryption key. When you use the Algorand Block chain and IPFS Network for data storage, your data is immutably secured.

As engineers and computer scientists, we believe in designing enterprise-grade solutions that are scalable at heart and reliable in practice. What we propose in this paper is a 4-layer system that utilizes IPFS as a file storage layer, an off-chain database as a transactional and directory layer, smart contracts as a finance logic layer, and an API and applications as the front-end application layer. Due to the emerging state of the block chain technology, with high fees for collecting real-time data and effectively responding to users’ requests, we designed our own system to currently use an established layer for transactional operations.

All the data is collected there and the hash statistics is periodically sent to the block chain; thus, we can deliver real-time user experience balanced with rational costs, and utilize the block chain to the greatest possible extent, primarily for payments. On other video platforms, content creators require approx. Million views to generate a decent income or need 1000 subscribers or 4000 hours of watch time with past 12 months to be eligible for advertisement and earning from it, but we will allow monetization right from the first content (if content is compliant with guidelines).

Visit Website: https://www.kaafila.org/
Airdrop: https://www.kaafila.org/airdrop/

Read more: http://ccxnews.com/kaafila-new-decentralized-media-platform/

Text source: CCx News.com

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
Buy & sell Crypto in minutes

Join BINANCE!

The world's largest crypto exchange

You're just steps away from receiving your reward.

The most complete Crypto News Center.

Search Stories:

Latest top stories