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Google partners with Theta project to expand the blockchain video streaming platform

Posted on November 4, 2022 by admin

Google partners with Theta project to expand the blockchain video streaming platform

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Answer Google partners with Theta project to expand the blockchain video streaming platform

It seems these days are Theta days par excellence.

announced Theta Labs, which operates a blockchain-based video streaming platform, said it added Google Cloud as a network validator along with the launch of the Theta Mainnet 2.0 update today.

Google is the latest company to join Theta’s Enterprise Validator program, which also includes companies that have joined earlier, such as:

Binance, Blockchain Ventures and the Japanese company “gumi Cryptos”.

Thanks to the new partnership, any Google Cloud user can now deploy a Theta node through the Google Cloud Store.

Alan Day, a legal representative for Google Cloud Developer, said in a statement:

Read:Did Corona cause the price of bitcoin and cryptocurrencies to rise?

Blockchain technology enables new business models that are likely to transform the global digital economy, including the media and entertainment industry.

We were impressed by Theta’s achievements in blockchain video and data connectivity.

We look forward to participating as a validator to the enterprise, and to providing the infrastructure for Google Cloud to support Theta’s long-term mission and future growth.

The Theta project carries a decentralized technology that allows the distribution of video broadcasts across users instead of the traditional ways in which the broadcast is hosted by the sender only.

Viewers share the increased bandwidth with other users and earn “TFUEL” tokens as a reward, providing, according to Theta Labs, high-quality video while reducing the expenses and infrastructure needs of video providers.

“Theta” technology is currently used in esports/game related streaming platforms based on “Theta.tv” the latter allows operators to earn “TFUEL” coins, in addition, website and blog operators can earn “TFUEL” by hosting “Theta” streams. tv” on their websites.

Theta.tv streams are now included in the Samsung Daily feed which is what we talked about previously On the Arab Bitcoin website.

Read:Bitcoin recovers $20k level, JP Morgan warns of massive BTC selloff

According site Theta Labs, there are currently 12 organizations running 12 validation nodes along with 425 trustee nodes and more than 2,200 caching nodes.

Read:Kuwaiti bank joins Ripple network to accelerate international remittances

Now Guardian Node operators can share Theta tokens to help with the two-tier consensus model and earn TFUEL as a reward.

“Theta” has seen a 239% increase in the last 30 days, according to “Theta”Queen GekkoPerhaps due in part to the recently announced partnerships related to companies such as Samsung, “World Poker Tour” and “gumi”.

At the same time, “TFUEL” is up 536% as well which is what we pointed out in an article published yesterday:

Learn about “Theta Fuel”, the cryptocurrency that grabs the world’s attention

Read also:

Learn about the Theta Network project and (THETA) digital currency


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