Paper published at IIT Mumbai, INDIA
Secure and Decentralized Live Streaming using Blockchain and IPFS
Decentralized cloud systems are proving to be much more advantageous than centralized cloud systems. They distribute power away from a central authority, cut down operation cost, have greater fault tolerance, fewer trust requirements between storage providers and data owners, and are less prone to attacks.
Imagine the internet unshackled, free from the walled gardens of centralized clouds. That’s the promise of decentralized systems, where data dances across a peer-to-peer network, empowered by blockchain technology. This revolution empowers us with:
- Shattered Silos: Power shifts from monolithic servers to a tapestry of nodes, empowering users and fostering data democracy.
- Cost-Cutting Tango: Operational expenses waltz downwards as middlemen fade away, creating a leaner, more efficient landscape.
- Resilience in the Face of Calamity: No single point of failure! Data pirouettes across the network, immune to localized breakdowns.
- Trust Takes a Backseat: Trustless interactions take center stage. Algorithms, not handshakes, guarantee the integrity of your data.
- Cybersecurity’s Fort Knox: Attackers face a labyrinth, not a single vault. Decentralization diffuses risk, shielding data from malicious intent.
InterPlanetary File System, a protocol to create a content-addressable, peer-to-peer method of storing and sharing hypermedia in a distributed file system can revolutionize how we share the media content over the internet.
We provide an overview of the current systems to stream media over the internet and describe various problems that these systems face with regards to media delivery, governance, and distribution. We exhibit, how with the help of IPFS, Blockchain-based Smart Contracts, and HTTP Live Streaming (HLS), it is possible to minimize, avoid and diminish the problems associated with the traditional media delivery system and how we can improve the overall efficiency of media delivery systems.
We explain how the conventional framework of media delivery can be transformed by IPFS based delivery network supported by HLS streaming for all kinds of distribution models (live or on-demand). We also propose a
novel method to decentralize the cloud storage system using a separate server and client-side applications.
Here is full paper published at ISRDC, IIT Bombay
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We provide funding through our venture capital company to both start-up and existing companies either looking for funding for expansion or to accelerate growth in their company.
We have a structured joint venture investment plan in which we are interested in an annual return on investment not more than 10% ROI. We are also currently structuring a convertible debt and loan financing of 3% interest repayable annually with no early repayment penalties.
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Sincerely,
Tigran Ayrapetyan
Investment Director
Devcorp International E.C.
P.O Box 10236 Shop No. 305
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