BitTorrent announced the news in an official blog post on Aug. 27. According to the announcement, the streaming platform – called BitTorrent Live (BLive) – supports live video content and an instant messaging service.
Additionally, its underlying system reportedly contains a top user chart and a user relationship feature.
Major file sharing company BitTorrent, a subsidiary of blockchain company Tron, is going to internally test its blockchain-based live streaming platform in Q3 2019.
BitTorrent intends to roll out BLive in alpha, beta and full versions from Q3 2019 to Q1 2020. The current alpha version features a small group of users to internally test the platform as the developers continue to implement features.
Transactions and transfers on BLive
The platform also supports several different payment and withdrawal methods including Bitcoin and BitTorrent (BTT) coin, with zero transaction fees. A number of third-party services are also supported for withdrawals and deposits, including PayPal, Google Wallet, Android Pay, Apple Pay, WeChat and Alipay.
BLive will also support earning and gifting options. Users will be able to earn BTT rewards through activities such as technical maintenance, content creation and event planning. Additionally, users can buy gifts with BTT and send them to content creators – who can, in turn, convert the gifts back into BTT.
Previous plans for BLive
As previously reported by Cointelegraph, BitTorrent announced at the end of March that it would launch a public beta for BLive some time in Q2 2019. BLive has apparently been around since 2012, although its underlying software has changed dramatically. BLive apparently started out as a content delivery protocol with no emphasis on social media functions. However, the first version of BLive was cancelled following a failed fundraiser in April 2017.
Bahamian Blockchain Company Raises Crypto for Hurricane Dorian Victims
PO8, a blockchain company headquartered in the Bahamas, is asking the crypto and blockchain communities to help them bring relief to the victims of Hurricane Dorian. The firm made its appeal in a blog post on Sept. 2.
Devastation in the Bahamas
Hurricane Dorian brought devastation to Bahamian islands on Monday and Tuesday. Satellite images show the region has suffered heavy flooding, with more than 60% of Grand Bahama Island submerged.
Call to help Dorian victims
PO8 has witnessed the devastation firsthand and is asking the crypto and blockchain communities to help rebuild and restore the islands most affected. A recent post on the PO8 website claimed:
“PO8 has pledged 1 billion PO8 tokens to hurricane relief efforts. For every dollar worth of crypto donation, PO8 will match it 100%.”
Crypto donations can be made with Bitcoin or Ethereum (ETH). Cash donations can also be made on the PO8 GoFundMe page.
PO8’s blockchain platform aims to democratize access to marine archeological artifacts by establishing their provenance and preventing their sale.
Charity and crypto
Cryptocurrencies and blockchain technology are increasingly being applied for charitable efforts. Following the Notre Dame cathedral fire earlier this year, France’s Minister of State for the Digital Sector Cédric O said he was open to cooperating with cryptocurrency platforms for donations to reconstruct the cathedral.
In an August report, independent public charity Fidelity Charitable said that it has received $100 million in crypto donations since it began accepting digital currencies in 2015.
Andrew Yang Wants to Make US Elections Fraud-Proof Using Blockchain
Andrew Yang, a 2020 United States presidential candidate in the Democratic Party and blockchain advocate, says he will implement blockchain-based mobile voting as president.
According to Yang’s campaign website, Yang believes that Americans should have the option of voting on a mobile device, using blockchain tech for verification purposes. Yang also believes that in terms of security risk, most voting machines are just as vulnerable to hackers as is the case with modern tech. Yang states:
“It’s ridiculous that in 2020 we are still standing in line for hours to vote in antiquated voting booths. It is 100% technically possible to have fraud-proof voting on our mobile phones today using the blockchain. This would revolutionize true democracy and increase participation to include all Americans – those without smartphones could use the legacy system and lines would be very short.”
As an upshot, Yang reportedly hopes that mobile voting will drive increased participation in elections. Per the website, presidential elections currently have approximately 50% participation from the public. He notes that this “rewards extreme points of view as opposed to the popular will.”
Last month, a new political action committee supporting presidential candidate Andrew Yang announced it will accept donations in Bitcoin via Lightning Network. In April, Yang also called for clear guidelines for investors, companies and individuals on cryptocurrencies adding that the blockchain has vast potential.
As previously reported by Cointelegraph, the ruling party of the Russian Federation, United Russia, launched a blockchain-based platform for voting in primary elections back in March. It allows citizens to vote online with vote counting supported by blockchain technology to prevent tampering.