Blockchain Press Releases
CDNetworks and 17LIVE Joined Forces to Deliver the Top Live Streaming Experience in Asia
With seamless low-latency live streaming services and round-the-clock support, CDNetworks elevates 17LIVE’s live streaming user experience to greater heights.
SINGAPORE, Aug. 16, 2023 /PRNewswire/ — CDNetworks, an APAC-leading network to deliver edge as a service, proudly acknowledges its instrumental role in the ascent of 17LIVE, Asia’s leading live streaming platform. The collaboration between the two companies, which began in 2016, underpins 17LIVE’s evolution as today’s leading live streaming platform in Japan and, soon, across Asia.
With a wide range of content offerings that span interactive gaming, music, and art sharing, 17LIVE has become a major player in the live streaming industry since its inception in 2015. Its unique combination of low latency, high stability, and superior audiovisual presentation sets it apart from competitors, creating an immersive interactive experience for users. This exceptional user experience is closely tied to the robust CDN capabilities and Media Delivery technologies offered by CDNetworks.
How CDNetworks Powered up 17LIVE’s Live Streaming Business
Enhance Global Network Infrastructure (High-performance Cross-border Streaming)
With a mission “To empower human connections through live technology,” 17LIVE dedicated itself, from day 1, to serving global users with an unparalleled experience. CDNetworks, with over 2,800 points-of-presence in more than 70 countries and regions around the world, provides 17LIVE with the high-quality CDN and streaming media distribution services it needs to deliver on this vision. Notably, in Asia, CDNetworks is recognized as the top-performing CDN provider, enabling 17LIVE’s live streaming platform to offer exceptional service and gain a competitive edge right from the beginning.
For regions such as China, that enforce unique internet policies, CDNetworks overcame cross-border latency issues and unstable connections through its China Premium Service. This service enables live streaming viewers and key opinion leaders (KOLs) to engage in seamless cross-country interactions without limitations.
Enable Low Latency Streaming
Unlike some other CDN providers, CDNetworks is one of the few that offers latencies as low as 3 seconds for live streaming platforms through its support of FLV large volume distribution. This protocol not only provides lower latency compared to HLS/DASH, RTMP, and other protocols. It also helps live streaming platforms avoid the high costs associated with using ultra-low latency technologies that are required only for live event broadcasting. It perfectly suits the round-the-clock continuous live streaming business of 17LIVE.
17LIVE’s growing user base is evidence of how low latency in the live streaming arena can be critical to a company’s success by unlocking 17LIVE’s many interactive features. Currently, 17LIVE has successfully developed multiple apps, including video streaming, voice streaming, and e-commerce streaming, all built around low latency features.
Create Immersive User Experiences
To build a platform that delivers a truly immersive live streaming experience, 17LIVE leverages the various streaming media processing technologies provided by CDNetworks, including screenshot, recording, and storage, to further enhance user engagement on their platform. For example, through the screenshotting and recording features, the platform can set corresponding covers for channels and provide users with the ability to replay content, thereby increasing interactive communication on the platform.
At the same time, CDNetworks also offers transcoding to adapt and transcode live streaming content based on different network environments and device terminals. This approach ensures seamless end-to-end interactive experiences for users.
Boost Daily Operation Efficiency
With the exponential increase in the number of users and KOLs, the 17LIVE platform was in dire need of finding an automated solution that could regulate and store the mounting amounts of real-time content that were being generated on a daily basis. To address this challenge, CDNetworks built an efficient moderation and storage mechanism using the aforementioned streaming technologies that helped 17LIVE reduce the manpower required to perform daily operations. In this way, 17LIVE’s backend team could easily monitor the entire platform around the clock, utilizing AI-monitoring and machine-learning technologies to prevent any illegal and inappropriate conduct on its streaming platforms.
Provide 24/7 Dedicated Support
CDNetworks formed a dedicated work group to provide wide ranging services such as business analysis, instant message services, policies customization & optimization, configuration validation, emergency response, and proactive optimization. CDNetworks also arranged periodic business reviews that enabled 17LIVE to boost its key technology iterations.
“The CDNetworks’ media delivery solutions provided to 17LIVE can be described as all-weather, all-encompassing, and multi-dimensional. We are fortunate to have become a valued partner from the very beginning of 17LIVE and witness its growth into the Asia’s leading live streaming platform. 17LIVE’s ongoing success serves as a testament to CDNetworks’ cutting-edge media delivery solutions in the industry.” said Doyle Deng, Head of Global Marketing and Product at CDNetworks.
Regarding this successful cooperation Andy Tseng, Sr. Engineering Director from 17LIVE commented, “CDNetworks has been our trusted growth partner since 2016. Their services continue to play a critical role that empower us to meet the increasing demands of our growing business year after year. Their robust content delivery network, media processing capabilities, and supporting services enable us to provide exceptional streaming experiences to our end users and ultimately become the largest live streaming platform in Asia.”
Looking ahead, CDNetworks and 17LIVE are committed to further enhancing the live streaming experience for users and expanding 17LIVE’s global reach. Both companies have ambitious plans for innovation, content delivery, and audience engagement, with the goal of providing the best live streaming platform to global viewers.
About CDNetworks
As the APAC-leading network with over 2800 global Points of Presence and more than 20 years of technology experience, CDNetworks embraces the new era of Edge and takes it to the next level by using the Edge as a service to deliver the fastest and most secure digital experiences to end users. Our diverse products and services include web performance, media delivery, cloud security, zero trust security, and colocation services — all of which are uniquely designed to spur business innovation. To learn more, visit cdnetworks.com and follow us on LinkedIn
About 17LIVE
17LIVE (one seven live) is Japan’s largest* live-streaming platform and is located in Tokyo, headed by Global CEO, Hirofumi ONO. With a mission to “Empower Human Connections through Live Technology”, we aim to create a world where users can enjoy every moment of their lives on the seven continents under one sky. The platform reached 50 million registered users worldwide as of September 2021. For more information about the company, please visit https://jp.17.live/
*Data from App Annie on downloads and sales (January-December 2020)
Media Contact
CDNetworks Co. Ltd
media@cdnetworks.com
www.cdnetworks.com
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Blockchain Press Releases
Webb Unveils Tangle Network Testnet, Pioneering the Future of Private, Decentralized Applications
NEW YORK, Sept. 29, 2023 /PRNewswire/ — Today, Webb announced the launch of its much-anticipated Tangle Network Testnet, setting the stage for a new era of private and decentralized applications.
About Webb
Led by founder Drew Stone, Webb is the premier cross-chain zero-knowledge messaging layer, committed to revolutionizing blockchain privacy. Backed by industry giants like Polychain, Lemniscap, and Commonwealth Labs, Webb introduces a suite of tools aimed at advancing zero-knowledge (ZK) and multi-party computation (MPC) applications across multiple blockchains.
The Challenge and Our Solution
Blockchain networks today face significant hurdles: limited interoperability, scaling difficulties, centralized control, and privacy concerns. Webb’s Tangle Network, built on the powerful Substrate framework, is designed to tackle these challenges by offering a next-generation blockchain platform.
Why Tangle Network?
Our vision is to make it easier for developers to create secure, private zero-knowledge (ZK) and multi-party computation (MPC)-based decentralized applications. Tangle Network simplifies:
- Proof Generation: Delegate computational tasks to our validators.
- Trusted Setups: Tangle Network manages complex ceremonies for you.
- Secure Signing: Utilize our threshold signing for cross-chain operations.
By removing these barriers, we massively improve the time to launch for ZK and MPC-based decentralized applications.
Noteworthy Features
- Unparalleled speed, security, and scalability via Substrate.
- Decentralized control through Distributed Key Generation (DKG).
- Advanced protocols for zero-knowledge applications.
- Cross-chain compatibility with IBC and XCM.
- Easy migration of existing apps through Ethereum Virtual Machine (EVM) support.
- Smooth, forkless upgrades.
What’s Next?
The Testnet launch kicks off with an in-depth whitepaper, followed by a series of engagement events during the testnet phase. Our mainnet is scheduled for a Q1/Q2 2024 launch, featuring hackathons, workshops, and a targeted grant program to accelerate the adoption of privacy-focused applications.
Testnet Quick Links
- Whitepaper: Read here.
- Get Started: PolkadotApps for Tangle Network
- Documentation: docs.webb.tools
Get Involved
- Developers: Start building on Tangle today. Learn More
- Validators and Relayers: Help secure and maintain the network. Learn More
- Join the Community: Follow us on Twitter or join our Discord.
Contact Us
For media inquiries, partnerships, or more information, email us at [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/webb-unveils-tangle-network-testnet-pioneering-the-future-of-private-decentralized-applications-301940846.html
Blockchain Press Releases
ChainUp Celebrates 6th Anniversary, Charting Blockchain Innovations beyond Digital Assets
SINGAPORE, Sept. 29, 2023 /PRNewswire/ — ChainUp, a Singapore-based trailblazer and global leader in the blockchain industry, marked its sixth anniversary celebration with more than 500 business partners at Ce La Vi Singapore. During the celebration, ChainUp Founder and CEO, Sailor Zhong reflected on the journey, “Six years in the blockchain industry showcases our resilience, innovation, and forward-looking approach. As we look to the future, we are committed to shaping a digital asset environment that is reliable, transparent, and unparalleled. ChainUp aims to champion blockchain solutions beyond the applications of digital assets and bridge the gap between digital asset markets and traditional finance (TradFi) to increase effectiveness and market efficiency.”
The DEX Renaissance
As decentralized finance (DeFi) comes into prominence and focused on returning control to users, one of the sectors impacted by DeFi are the exchanges where cryptocurrencies are traded. Data from CoinMarketCap reveals that trading volumes on Decentralized exchanges (DEX) reached $1.2 trillion in 2022, indicating a 340% YoY growth. However, factors such as poor user experience impeded the rate of adoption of DEX. Recognizing this trend, ChainUp has updated its white-labeled DEX solution, incorporating advanced features, strengthening its security, improving its liquidity and aims to provide a decentralized trading experience that is on par with commonly-used centralized exchanges (CEX).
Bridging TradFi and Digital Assets Market
The traditional financial sector has been progressing very cautiously on digital assets. As more institutions lean into RWA tokenization, they unlock unparalleled liquidity in a borderless trading environment. Amidst this evolution, ChainUp’s RWA solutions emerge as an industry pioneer, offering robust tokenization protocols, seamless integration, and enhanced security, bridging the gap between TradFi and the digital future with unmatched finesse.
Minimizing Risk and Maximizing Security
ChainUp’s MPC Wallet revolutionizes crypto security by integrating MPC technology with advanced hardware isolation, ensuring utmost safety and encryption on data. The wallet offers dynamic key-refreshing mechanisms, chain-agnostic compatibility, and eliminates single-point vulnerabilities. With efficient multi-address management and 24/7 expert support, users enjoy full asset control, scalability, and cost-efficiency, all under one roof.
Compliance: The Guiding Principle
Navigating global regulations in the blockchain sector can be complex. ChainUp’s KYT subsidiary, Trustformer, offers peace of mind for enterprises tackling compliance-related challenges. ChainUp’s advanced solutions in Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) show their commitment to a more secure blockchain environment.
For detailed insights into ChainUp’s innovative solutions, please visit: https://www.chainup.com?channel=pr&type=article
About ChainUp
Headquartered in Singapore, ChainUp is a global leading end-to-end blockchain technology solutions provider covering infrastructure development and ecosystem support. Built on the mission to empower businesses through blockchain technology, ChainUp’s innovative and all-around compliant solutions include digital asset exchange, KYT, NFT trading, wallet, liquidity, Web3.0 infrastructure, digital asset custody, security token offerings and more. Established in 2017, ChainUp has offices around the world, serving more than 1,000 clients in 30 countries, reaching over 60 million end-users.
CONTACT: Jacelynn Pang, [email protected]
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SINGAPORE, Sept. 27, 2023 /PRNewswire/ — BingX, a leading global cryptocurrency exchange, is thrilled to announce its integration with WunderTrading, a cutting-edge platform that allows users to trade and invest crypto seamlessly using automated trading bots. This strategic partnership is aimed at enhancing the automated trading experience for BingX users and introducing a new level of convenience and innovation.
WunderTrading is a cloud-based cryptocurrency trading platform that simplifies cryptocurrency trading experience for beginners. Users can easily copy strategies of renowned traders or create their own. The platform offers an advanced trading terminal and automated bots integrated with TradingView, allowing users to manage portfolios efficiently within a single app. WunderTrading stands out by consolidating trading tools, enhancing user experience, and introducing unique features like the Spread-trading Terminal.
The integration of BingX and WunderTrading offers BingX users a significant advantage. With access to TradingView integration and the innovative Spread-trading Terminal, users can automate their trading strategies and diversify their portfolios with minimal risk. The Spread-trading terminal enables BingX users to choose assets for constructing a spread and will execute buy and sell orders simultaneously for the selected pairs. This integration empowers BingX users to create and fine-tune crypto trading bots swiftly, providing a unique opportunity to optimize their trading while minimizing market volatility risks.
Megan Nyvold, Head of Branding at BingX, expressed her excitement about the collaboration, saying, “BingX is always striving to offer our users the most innovative and user-friendly tools to navigate the crypto market with efficiency and greater ease. Our partnership with WunderTrading is a significant step forward. With this integration, we empower our users to trade smarter, diversify their portfolios, and navigate the crypto market with newfound confidence. We’re excited to see our users leverage the power of automated trading through WunderTrading and make the most of this enhanced trading experience.”
As BingX and WunderTrading join forces, users can look forward to an enhanced trading journey filled with innovative tools and features designed to optimize their trading strategies.
About BingX
BingX is a leading crypto exchange that offers spot, derivatives, copy, and grid trading services to over 100 countries and regions worldwide with over 5 million users. BingX continues to connect users with expert traders and the platform in a safe and innovative way. Please visit https://bingx.com to learn about BingX.
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