How can blockchain create commercial opportunities for video content producers? Linius CEO, Chris Richardson, sat down with Coincast TV to discuss the potential of Linius' new video blockchain prototype.
“Linius is actually protecting and controlling video assets with the blockchain for the first time,” said Richardson.
"Linius has launched our blockchain prototype, built on top of our Linius Video Services API-based [SaaS] platform. It demonstrates and proves that we can actually put virtual video into the blockchain and control the asset.
"We virtualize video. We take video down to a fraction of a single percent of its original size, which allows us, and really only us, to embed that video directly in the blockchain, which makes it possible to use blockchain to control the video.
“Whether that's in terms of analytics and data and understanding what's happening [to the video when it's consumed], or creating whole new monetization models. You can use digital contracts to, for example, Incentivize viewers to share your assets and make [them] go viral.
"There's just a ton of new ways for content creators to make money with their content. It really enables a whole new world of monetization opportunities.”
Watch the webinar launch of the Linius Video Blockchain prototype HERE >
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Linius Technologies Limited (ASX: LNU) has invented and patented the Video Virtualization Engine™ (VVE), which is available on Amazon Web Services, Microsoft Azure and IBM Cloud.
Amazon, Microsoft and IBM are investing billions in virtualizing ‘video services’ (technologies) and Artificial Intelligence in the cloud. It is arguably the biggest battle on the internet, given that video accounts for nearly 80 percent of internet traffic.
Only Linius can expose the data that makes up the video file, making cumbersome video as flexible as all other forms of data. Accessing the data within the video file is the missing link for video cloud service providers, creating unparalleled value across the internet video industry.
Linius’ VVE-powered Video Hyper-Personalization and Search Solution enables anyone to instantly search the data within video, from across an infinite number of sources, and automatically assemble the results in a single stream on-the-fly. No human hands required.
Linius is revolutionizing the way organizations and individuals across the globe produce, deliver and consume video, enabling previously impossible hyper-personalized video experiences.
It’s a breakthrough set to disrupt entire multi-billion-dollar industries. Linius is initially focused on delivering its Video Hyper-Personalization and Search Solution to six core markets: News and Media, Sports Broadcasters and Rights Holders, Education, Corporate Communications, Security and Defense, and Sports Betting.
For more on Linius Technologies, visit www.linius.com
Lachlan James, Director of Marketing and Communications, +61 (0)431 835 658, email@example.com
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 RS Components, The Race for AI: https://uk.rs-online.com/web/generalDisplay.html?id=i/race-for-ai
 Cisco, Cisco Visual Networking Index: https://www.cisco.com/c/en/us/solutions/service-provider/visual-networking- index-vni/index.html