GLOBE NEWSWIRE - Jan 11 - Snap Interactive, a provider of live video social networking apps building on blockchain, is developing an open source, multi-media delivery platform that combines STVI's live streaming video, voice and data routing capabilities with the enhanced security, scalability and cost effectiveness of blockchain technology. "We are excited to announce this platform initiative as the core of our blockchain strategy," said Alex Harrington, STVI's Chief Executive Officer. "We can now partner with a large network of developers to create a live video and messaging ecosystem on blockchain. By creating an open source environment by which third parties can build upon, we not only position ourselves at the leading edge of this emergent technology but also enable partnerships and additional value creation opportunities."
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Summarized by the Courtland Brooks team
