When you talk about one of the easiest way of disseminating information in this present age, we can use more than one medium. All this medium has its efficacy. Most media companies knowing the prime of information, have found a way of making people get information easier, faster and also at little cost. With the introduction of technology people no longer have to wait for days before information reaches them. Information comes handy nowadays and with one tap on your mobile device you're connected. All this happens because information rules the world as everyone needs information. When we talk about information we also mean content.
Today I'm here to introduce to my audience the latest blockchain technology developed to allow users get content which I tag as "information about something or a particular product or a content". This platform is designed for both consumers of content, advertisers of content and producers of content. The motto of the platform I'm introducing to you is tagged "Earn Token While Watching, Reading and sharing of content". So this tells us about what is hitting the market. The name of the platform I'm introducing to my audience is called "MEDIA PROTOCOL ".
Media protocol is a platform setup to enable users read content or watch content and also share content. When a user sees a particular content they are interested in, they can either read or watch it depending on the form which the content comes in. On the other hand advertisers and creators of content can publish or showcase their content on the platform. This content published by the advertisers and creators of content will be viewed by consumers which can as well like and also comment on their content. Whenever a consumer likes or comment on the advertisers content, he/she gets a reward stipulated by the advertiser. As we read through the remaining article I'll talk about the reward token. But before that let's talk about some issues faced by other platform.
Although there has been some outbreak of other companies having a goal closer to that of media protocol yet they are still pegged with the disease of fraud and the incapability to carry out the security of users data or information. Media protocol with the help of blockchain technology has been developed to withstand threat from fraudsters and also secure users details like users password and keyword without it getting to any third party. Security is one of the priority a platform must look into before coming out and with the help blockchain technology media protocol has prevailed in that area, assuring users of adequate security of their details and content. Another method of fraud is consumers knowing the procedure or performance of a promotion or reward process setup by a particular advertiser or the platform. This is actually impossible in media protocol platform.
MEDIA PROTOCOL ARCHITECTURE
The following are the architect or what the media protocol is made up of;
-Designed goal
-Major building blocks
-Tokenization of URL
-URL promotion
-URL consumption
-Paywalled content
-Identity
-Affiliates
-Deligation
-Smart contract
-Scalability/off-chain service
-Security.
All this above listed architect will be explained in subsequent paragraphs.
The designed goal of the media protocol is to create a well secured platform where users data or information can be saved. It also created a wallet where users can store their coin which they can use for transactions around the platform. It also made it possible for publishers to publish whatever they want to easily. More can be said about the designed goal of the media protocol but let us also talk about it major building blocks.
The ERC-20 compatible ethereum smart contract is one of the building blocks of media protocol. It provides account for all token a user has and also it handles all the rewards a user gets for viewing and sharing content on the platform. Payment of anything takes place using this smart contract. Another major building blocks of media protocol is the experience it gives to user. The platform is user friendly meaning its easy to access. Other building blocks are ethereum has high adoption, and several wallet adoption. Another aspect of the media protocol we want to look out is the tokenization of URL.
TOKENIZATION
Tokenization of URL simply means that for those uploading anything on the platform eg article, music, advert, images and video. All this upload will receive a token from the paywalled. Users must be able to link their upload to their respective wallet where they want to receive their token.
IDENTITY
Identity is the next architect we will be talking about. When you talk about identity, all users on a platform needs some form of identity to attach their respective account to. Some form of identities such as username, password and keyword are all needed by this platform also users wallet address is needed so as to enable the platform make some payment such as reward to users given to them by publishers or content owners and also this identity allows publisher or content owners link their wallet address to the platform for easy payment for their upload on the platform.
SECURITY
Security is what pose as a threat to many other platforms and media protocol has a way of securing users wallet. Token security is one of the main target of media protocol. All smart contract that will be used by this platform will undergo some scrutiny I.e it will go through some kind of test run to enable media protocol vouch for it as being reliable. This is to ensure that users wallet are secured and that no third party can access their wallet except them alone.
Most of the other architect not talked about can also be seen on the platform white paper.
CRYPTOCATNIP DAPP ARCHITECTURE
The cryptocatnip dapp architecture is an application setup by media protocol to ensure transactions within the blockchain. Its an application setup to enable other dapp communicate with. It is also compatible with other dapps. The cryptocatnip Dapp was created to also communicate with the ethereum node for easy access. Some of the actions performed by this Dapp include
-Authentication
-Identity
-Content reservation server.
Team
The team that makes up the media protocol is a solid one. They have a combined experience of over 30years in the advertising and marketing industry or the world of advertising and marketing. They have been faced with many challenges in their field of expertise and they have been able to overcome all of them. I adjourn all my audience to key into this project not just because of it has a good team but also because this project seems to be the best around the world and it is set to make progress all around.
ROAD MAP
For more information about MEDIA Procotol, please visit the following useful links:
Website: https://www.mediaprotocol.org/
Whitepaper: https://www.mediaprotocol.org/papers/whitepaper.pdf
Telagram ANN: https://t.me/MP_Announcements
Telegram community: https://t.me/Media_Protocol_Community
GitHub: https://github.com/MediaProtocol/MediaProtocol
Medium: https://medium.com/@mediaprotocolsm
Facebook: https://fb.me/MEDIAprotocol
Twitter: https://twitter.com/MEDIA_Protocol
LinkedIn: https://www.linkedin.com/company/media-protocol/
YouTube: https://www.youtube.com/channel/UCMqo01fh4wST0XYck_zPHeA
Btt Name: promudy
Btt Profile link: https://bitcointalk.org/index.php?action=profile;u=2050345
Eth Address: 0xc1F5ac9C8b7F8A3FadE6C65E903ab94467a431EE