Video Content is the Future
Korean startup Mavlux is reshaping the internet traffic with P2P and blockchain. More and more services these days are providing video related services. You can be sure that most of the internet traffic will be video by 2020.
Therefore the fight to make every video content efficient is intense. The cost of video traffic is becoming so expensive that even big Korean corporations are having problems.
What Korean based startup Mavluv does is provide a content delivery network (CDN) services which will reduce the server-side traffic by using P2P and blockchain technologies.
P2P
P2PBy grouping peers, the network bandwidth sharing can be maximized. Mavlux has a patent for their apparatus and method for facilitating P2P Video Streaming.
Blockchain
In order to provide stable CDN services, cryptocurrency is used as an incentive for the nodes that are for the service to run smoothly.
So using the blockchain they will be able to run their P2P video streaming network. Since all major browsers support WebRTC, Mavlux can provide P2P operations without any plug-in installations.
Why Should Korean Startups use Mavlux?
Mavlux is a perfect match for startups and small businesses that might not be able to handle the content files in an efficient manner. As video services increase, it will be crucial that the startup can handle the video traffic. If the video quality is good then traffic will increase. As the internet traffic increases so will the CDN market size in Asia.
The CDN market size in Korea alone is $160 Million and is estimated to increase to $192 Million by 2019.
Mavlux is looking to be the best content delivery platform in Asia offering portal services for online video service companies. They are looking to use P2P and blockchain technologies to reinvent the data and content delivery platform that is secure and efficient. Look for Mavlux to be an innovative leader in the IT industry in Korea for years to come.
