THE FIRST DECENTRALIZED BLOCKCHAIN APPLICATION MPVS to be released 2019
MUSIC_PODCAST_VIDEO_STREAMING “MPVS”, COMING 2019!
Developed on PXOS’ Platform, a Third Generation Blockchain
MPVS, is a DAPP APP for MUSIC, PODCAST, and VIDEO STREAMING. The project is meant to provide a true democratic and decentralized ecosystem where everyone can coexist. Up to now proprietary music, podcast and video services have been monopolized by Google, Apple, Amazon, TV, Cable Networks and the Recording Industry. MPVS developed a smart contract application on Project X Open Source’s Platform which breaks all pre-existing rules, MPVS allows users and creators to interact freely without third party influences or censorships, from the CREATOR to the USER. Anyone who has legal ownership of Music, Podcast, or Video can upload the digital file using our MPVS app.
Our APP is transparent, we eliminated the need for blind trust when it comes to sale numbers or rating, we provide a public ledger of all traceable transactions. We accomplish an authentic record based on facts. MPVS provides peer-to-peer algorithmic platform. Cryptology is a ledgers process for smart contract applications and crypto assets worth billions of dollars, the media industry is also worth billions, although creators (top ten lists artists ) on Spotify today get between $0.006 to $0.0084 a stream, (see Business Times Article here) MPVS APP allows creators to profit more than double of any streaming service out there, including Spotify, also the user pays less than half of any existing streaming service out there.
HOW IT WORKS
MPVS member can stream digital files, music, podcast or video using phone, tablet or computer, the user will pay with PX tokens for the transaction (hashing). The miner charges a fee for each streaming transaction, which is equally split between the Creator who is paid for the Royalties, and the Miner who is paid for Storing & Streaming the encrypted file. By sharing the hashing fee 50/50 the creator and miner develop a good incentive. MPVS charges no fees to either the creator who provides the original digital file or to the miner who stores and streams the encrypted digital file using MPVS (miner are never given decryption keys, MPVS provides the unique private key directly to the user)
SECURE AN UN-MUTABLE FILES AND TRANSACTIONS!
PXOS protocol’s network provides unique and unbreakable security, the content of each streaming digital file is encrypted with a unique key, end-to-end from the creator’s upload to the user’s delivery; the storage providers also know as miners, do not have access to decryption keys, instead MPVS provides the unique decryption key directly to the user via a private encrypted message. Furthermore to reinforce the security of our PXOS APP, miners have their identities verified before they can participate on hashing.