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.
With the increasing importance of video streaming in various aspects of life, platforms like Netflix and Twitch have become household names. However, concerns about security, censorship, and transparency have been raised due to the centralized nature of these services.
In response to these issues, dTelecom is leading the way in decentralized video and audio streaming, aiming to give users and developers more control by moving away from central authorities. By utilizing community-operated nodes, dTelecom’s DePIN enables decentralized distribution of live audio and video content, providing a strong alternative to traditional protocols.
The partnership with peaq is a key component of this initiative, with dTelecom planning to use peaq’s blockchain as its foundational infrastructure. This collaboration will involve deploying dTelecom’s core business logic on peaq, integrating peaq’s SDK 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. This initiative will culminate in a Token Generation Event, launching dTelecom’s native token on peaq and solidifying its position in the DePIN ecosystem.
Till Wendler, Co-founder of peaq, sees live streaming as a promising application for DePIN with significant market potential. He expressed confidence in dTelecom’s ability to add value to the peaq ecosystem and transform the live streaming landscape.
Overall, dTelecom’s migration to peaq represents a significant step towards decentralized streaming solutions, offering a more secure, transparent, and user-controlled alternative to traditional platforms.
