BitTorrent is preparing to test its streaming platform on the blockchain

BitTorrent, a company owned by cryptocurrency startup Tron, is preparing to conduct internal tests of its streaming blockchain platform. Testing should take place in the 3rd quarter of this year.

The company’s blog reports that a platform called BitTorrent Live (BLive) will support live video streaming and a messaging service. We are also preparing a user rating and a system of relationships between them.

The alpha version of BLive should appear in the third quarter of this year, then the project will go into beta testing, and the full launch of the platform is expected in the first quarter of next year. Now a small group of internal users is testing the service, and developers continue to implement new features.

Users will have access to various options for depositing and withdrawing funds, including in bitcoins and BTT tokens, and without Commission. Traditional payment services are also expected to be supported: PayPal, Google Wallet, Android Pay, Apple Pay, WeChat, and Alipay.

Active users of the platform will be rewarded with BTT tokens. Content creators will also be able to receive gifts from other BLive users and convert them into BTT tokens.

Recall that the announcement of BitTorrent Live took place at
the end of March this year.