On March 15, an updated patent was issued to Theta Labs and its decentralized video streaming network. After 2020, video streaming is more important than ever, but it’s controlled by a handful of corporations. This creates a bottleneck in streaming bandwidth, as well as censorship concerns. Theta is another platform based on blockchain technology, and is hosted on thousands of individual computers around the world.
The following December 2020 video by Coin Bureau explains how Theta works, and why 2021 should be a landmark year for the platform.