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One of the greatest benefits of the modern-day internet is the accessibility of content of all types. Basically, whatever you need at any given moment can be reached in an instant, and on demand. There are apps, sites and services for anything, from movies, shows, videos about anything, music, books, audiobooks, various courses, and more. All of this is available to anyone in the world, with certain exceptions varying from country to country, that might change depending on what each individual nation allows.
But, if we exclude that from the equation, anyone from anywhere can access anything quickly and easily. This is possible thanks to CDNs, or Content Delivery Networks. Essentially, every service offering its content globally has servers in a variety of places around the world that feature the content that is on offer. When a user tries to access it, the server physically closest to them responds by sending the content to their browser/app, and so there is minimal speed or quality impact.
With the internet becoming decentralized, which will ultimately result in the next-gen internet known as Web 3.0 (or just Web3), it is necessary for a decentralized version of a CDN to emerge, which is exactly what AIOZ Network aims to achieve.
What Problems Does AIOZ Network (AIOZ) Solve?
AIOZ Network is a dCDN, or Distributed Content Delivery Network. As such, it intends to solve several issues that are standing in the way of streaming and accessing the content in a Web3 environment.
Distributed Content Delivery
As mentioned, AIOZ Network offers a distributed CDN, or dCDN, built on its very own blockchain. The way this works is by allowing users of the network to share the extra memory that their devices have, and that is not being used. This redundant memory, storage, and bandwidth resources are contributed to the projects and used to create a vast CDN that consists of regular people’s devices, rather than a group of company-owned servers. This CDN can power streaming platforms anywhere in the world, and it represents a massive shift in the way we stream videos.
Instant transaction processing
By connecting countless nodes all around the globe, the project can power a new, decentralized media economy. As a result, it can offer optimal delivery speed, affordable costs, premium streaming quality, and unlimited shared bandwidth. In fact, the project can swiftly deploy dApps to provide instant finality and low transaction fees while leveraging a multi-chain architecture that offers infinite horizontal scalability.
Interoperability with Ethereum and Cosmos
AIOZ Network also says that it is interoperable with Ethereum and Cosmos, with Ethereum being a goldmine of products, dApps, various solutions, and more, and Cosmos is a project that aims to solve some of the hardest problems that are troubling the blockchain industry, including issues such as slow, expensive, unscalable, and environmentally harmful PoW protocols.
Benefits of AIOZ Network (AIOZ)
While AIOZ Network has great solutions for the future of streaming in a decentralized environment, let’s take a look at the benefits that it can offer to its users directly.
Content at optimal delivery speeds and affordable cost
Let’s start with the fact that the network can deliver content to the users at optimal speeds, with affordable costs, and the top streaming quality. Speed is an important aspect under the circumstances, as without good speeds, you cannot watch video content. At least not without constant interruptions, buffering, and alike. The pricing is important as well, as the costs of traditional services are not only noticeably high, but you likely also need to pay for multiple services in order to access content that you wish to watch. Finally, the stream quality is also a crucial aspect in order for you to actually enjoy the things that you watch.
Rewards for running a node
Another thing to keep in mind is that you can actually earn a passive income in exchange for being a node. Anyone with a desktop computer and an internet connection can be a node, which will not only let you contribute to making a difference in the future of the internet, but will also reward you in AIOZ tokens passively, while you yourself won’t feel any change in how your system operates.
Finally, you can also engage in staking on AIOZ Network, which will achieve two things — it will increase the security of the network, which is another way to contribute to the project and help make a difference, plus you also get rewards, thus increasing the overall amount of AIOZ that you hold.
How Does AIOZ Network (AIOZ) Work?
AIOZ Network is a Layer-1 blockchain with full Ethereum and Cosmos interoperability. It operates as a distributed CDN, or dCDN, which is a Distributed Content Delivery Network. Essentially, its users from all around the world can start acting as nodes, thus contributing to the network’s security and making sure that its reach expands to every corner. This, in turn, ensures that all those who wish to access the network from different areas of the world will be able to do it and experience its services at top quality.
This is possible because the network uses the users’ redundant memory, storage, and bandwidth resources to create a global CDN capable of powering streaming platforms, and essentially delivering the same content to everyone in the world.
How to Buy AIOZ Network (AIOZ)
Currently, AIOZ Network (AIOZ) is available for purchase on the following exchanges.
Uphold – This is one of the top exchanges for United States & UK residents that offers a wide range of cryptocurrencies. Germany & Netherlands are prohibited.
Uphold Disclaimer: Terms Apply. Cryptoassets are highly volatile. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong..
KuCoin – This exchange currently offers cryptocurrency trading of over 300 other popular tokens. It is often the first to offer buying opportunities for new tokens. USA Residents are Prohibited.
AIOZ Network (AIOZ) — Media delivery system for Web3
The internet is ready to evolve, and the technology that will allow it to do that — the blockchain — is improving with every passing day. There is still a lot of work to be done, of course, but services like AIOZ Network are working on making sure that, once it is all in place, we will have decentralized versions of all the services that we are used to, featuring the same, or even better quality.
Plus, thanks to the ability to earn from serving as a node, or playing games, or simply locking up the money you wish to save for a later date — there is a possibility of earning passive income that can help you pay for all the extra services, support your favorite content creators, and more — all without having to spend the money that you earn at your day job.
Ali is a freelance writer covering the cryptocurrency markets and the blockchain industry. He has 8 years of experience writing about cryptocurrencies, technology, and trading. His work can be found in various high-profile investment sites including CCN, Capital.com, Bitcoinist, and NewsBTC.
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