All posts tagged "Theta"

This is Part 2 of a story following a young man living in a fully decentralized world through an hypothetical 24 hour-scenario using solely current projects based on Blockchain technology. Click here to start with Part 1. 01:00 PM This morning of decentralized hard work and Colombian coffee have made me hungry. I am supposed to meet John and Elisa for lunch but we haven’t yet decided where to go. They are from America and are currently visiting France. I have taught them french on Ntok, a blockchain-based online learning platform connecting tutors and students where everyone can teach something. I want to show them how good the homemade French cuisine is but I am a terrible chef myself… Luckily there is Feedchain. Feedchain is a decentralized mobile and web application platform on which people can use their houses as home-based restaurants. My American friends don’t really use it (I guess no one cooks wonderful French cuisine in America) but that doesn’t matter. They use Essentia, a modular decentralised interoperability and data management framework that allows them to seamlessly grant Feedcoin permission to their data stored on Medibloc, a decentralized healthcare information system where patients can save time and money by having easier access to their health data. They also share their location to Feedcoin Blockchain using Foam, a decentralized protocol for Proof of Location. Proof of Location allows users to privately record authenticated location data at times of their choosing, and then reveal it at their discretion. Thanks to this data interoperability, Feedchain only shows me home-based restaurants that suit Elisa’s and John’s nutritive preferences and allergies restrictions without me knowing those and without the need for them to be regular users of Feedchain service. It also shows me places near us so that no one gets fooled with the distance. I decide to go to Paulette’s place. She seems to be a very charming host, with a high reputation level and a wonderful boeuf bourguignon. Well, as there is no need of decentralization and Blockchain to eat and enjoy a lovely boeuf bourguignon, I won’t detail the lunch. But it was fantastic. 02:30 PM The afternoon is dedicated to my passions. I’ve always been a big fan of soccer and I am now fully living this passion. I’ve been a sports content creator and investor for a while now. Thanks to Sportyco, a Blockchain-based sports crowdfunding platform, connecting those with an active need for funding with contributing crowds on a micro level, I can invest in clubs or players in order to help them achieve their projects. If they actually reach success, I will be rewarded consequently, thanks to smart investment contracts. Here is what I can pretend to get: a share of the future athletes’ image rights a share of future sponsorship proceeds commercial rights relationships a share of transfer rights other athletes’ economic rights. For example, I have helped Marcus, a 15 years-old young player from Albania, financing his trip through Europe to train and find a professional training club. He has been recruited by one of the french top teams, Olympique Lyonnais, and is now a regular first-team substitute. My investment provided me great returns and I have helped a young player fulfilling his dream. I also help local players getting noticed by national and international clubs by creating contents for them on a regular basis: videos, interviews, articles etc. This afternoon I am editing a video for Theo, a 15 years-old talented player from my hometown club in order to help him finance a private coach on Lympo platform (refer to Part 1) and improve his skills. I’ll be rewarded if an investment is done. I dedicate the rest of my time to my other passion: art. I use Maecenas, a decentralized marketplace that allows art lovers like me to buy shares in famous paintings. For just a 2% fee, I can invest in any of the pieces in the gallery. And because I do not need to buy the entire piece of art, I do not have to spend thousands of dollars each time I want to support an artist I love. Today, one of my favorite galleries is planning on investing to expand its street art exhibition. I will help it fund this investment so that I can enjoy new pieces of art next time I visit the gallery. 06:00 PM It’s time to buy some groceries. I have never been a big fan of supermarkets. I always lose myself and end up buying things I shouldn’t… Luckily I don’t have to go to supermarkets anymore. I can just go to the INS platform, a decentralized ecosystem that connects me directly with local and global grocery manufacturers. The INS platform is using Storj decentralized file storage network so that it allows me to browse through thousands of products. It also helps manufacturers to do cross-marketing and promote each other, based on the similar preferences of their customers, thus enabling them to compete with large retailers by forming their own ecosystem. The manufacturers share all the sensitive data about their products: origin, composition, supply chain information… There is no hidden information. Consumers can directly rate manufacturers in a private way so that the ones that are not transparent are penalized by the network. I select the groceries from my favorite manufacturers. They will be delivered tomorrow. I have saved 30% compared to when I used to go to supermarkets. As I told you earlier, I am not a great chef myself. I decide to order some food to be delivered on the Blockfood network, a decentralized food ordering & delivery platform. Unlike centralized platforms, revenue is distributed fairly between restaurants, ambassadors and couriers. I can still feel the weight of Paulette’s boeuf bourguignon so I’ll just have a salad for tonight. 07:30 PM I am back at home. It’s time to relax and have some fun. My favorite Blockchain-based game is Decentraland. Decentraland is a virtual reality platform powered by the Ethereum Blockchain. Users can create, experience, and monetize content and applications. It is completely owned by its users. I have always been a big fan of campsites but I have never been able to own one. In Decentraland, I created my own campsite located near the river. Users can come and enjoy a relaxing atmosphere. I am rewarded based on how many visitors I have. I also enjoy visiting creations of other people. Today I am learning the fundamentals of mechanics within Mickael’s virtual garage. Mickael has reproduced hundreds of historical cars and motorbikes virtually and owns one of the most finest garages in Decentraland. It’s great to be able to keep learning at home in a completely different environment. It’s almost 09:00 PM and an important soccer game is about to start. Time flies when you’re learning while playing. I just have time to order my tickets for Kendrick Lamar’s next show on Guts, a ticketing platform that uses Blockchain technology to create a transparent ticketing ecosystem, enabling artists and managers to get the revenue from both the primary and secondary market and consumers like me to avoid fraud. I’ll be able to sell them easily if I cannot make it to the show! 09:00 PM My salad has arrived and I can now enjoy today’s game. This game is very important for me. First of all Marcus, the young player I invested in a couple years ago, is playing. Moreover I have placed a small bet on Wagerr. Wagerr uses distributed Blockchain technology to execute betting contracts. It allows peer-to-peer betting: once the event is completed, the Oracle Masternode network records the performance result on the Blockchain, triggering a payout to the winner. My favorite team, Olympique Lyonnais, is playing against Newcastle. I hope they will win, otherwise I will lose my bet against Eric, my British friend. I watch the game on the Theta network. Theta is a decentralized video-streaming platform powered by users and blockchain. Theta Tokens are used as an incentive to encourage individual users to share their redundant computing and bandwidth resources as caching nodes for video streams. That allows solving the problem of bandwidth consumption that existed with centralized services such as Netflix and Youtube. On Theta, viewers can earn tokens from advertisers as engagement rewards, and can donate to their favorite influencers and content creators. I have subscribed to a few decentralized entertainment networks on the platform. By doing so, I allocate tokens into incentive contracts which get parsed out between the content owners and the streaming/bandwidth providers. Theta’s decentralized streaming platform has allowed lowering the price of sports streaming. I can watch more games for less and keep on living my passion. -- I have used over 35 Blockchain applications throughout the day: and here is a list of the sectors impacted by those applications: Gambling Healthcare Computation AI VR Currencies Automotive Web search Content monetization and distribution Internet of things Supply chain Social networks Messaging Advertising Reputation Healthcare Food industry Marketplaces Ticketing Music Gaming Home rental Streaming Storage Connectivity Retail Sports industry Art Education Localisation services Loyalty Organizations If there are still a lot of challenges to face to make this Blockchain day a reality, it is nonetheless an evidence that Blockchain is aiming at disrupting the way value is exchanged in our society.

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All posts tagged "Theta"

Opinion

Perfect Day: 24 Hours with Blockchain (Part 2)