Qafila: Decentralized Media Platform
Abstract
Storing & Sharing data is a cornerstone of business in the connected world and it boosts innovation for public and private sector organizations. However, if you can’t trust that the data has not been altered, then the data becomes nearly useless. By using IPFS and the Algorand Blockchain, businesses, and connected machines can trust in the security and privacy of the data. Qafila is a decentralized platform for all Media which includes Audio, Video, Live Streaming, Movies, Games, podcasts, TV Shows, Web Series, Audio Books, Photography, News & Radio. With the power of block chain technology media providers will have full access to finance and content. A network that will be corruption free & transparent.
Introduction
Qafila is a decentralized platform for All Media which includes Audio, Video, Live Streaming, Movies, Games, Podcast, TV Shows, Web Series, Audio Books, Photography, News & Radio. With the power of block chain technology media providers such as Content providers, Producers, Journalists, etc. will have full access to finance and content. By creating a cryptographic hash of the document at the source with IPFS Network and Algorand Block chain, you have a method of proving that the data is unchanged. Besides, you may also want the data to remain private and allow only authorized users to view it as well as be able to revoke this authorization when needed. By using any standard Encryption method, the data can be secured and only visible to those with the corresponding decryption key. When you use the Algorand Block chain and IPFS Network for data storage, your data is immutably secured.
Vision
In the long term, we are striving to create a fully self-governed video sharing platform, where the community will be the only authority. Qafila will become a fully block chain-hosted, community-driven. Block chain technology and IPFS technology, Qafila will be a decentralized video sharing platform, which means: transparency, efficiency, and censorship-resistance.
Problem
Current video sharing platforms run on advertising and the income is directly distributed from advertisers to platforms. Content creators and Content providers do not receive a fair share of the advertising revenue, unless they have special arrangement with the advertiser or the social network. YouTube acts as a platform for video monetization. An estimated 50 million people are actively creating content on YouTube. However, 99% of content providers earn less than $100 monthly. The distribution of revenue for content creators and Content providers is also increasingly uneven, with the top 3% of YouTubers receiving 90% of all views and earning 90% of ad revenue.
Why Qafila
Content providers have no choice but to choose the existing alternative pay-to-use low revenue model. In fact, many Content providers, have taken their stance against the pay-to-use model by pulling tracks out of streaming services as a way to send a message. Unfortunately, this often results in friction between fans and Content providers. Fans today have to manage numerous different music platforms, while Content providers struggle for fair compensation.
Qafila will be a major disruptive force driving the way media is shared in the twenty first century. By cutting out major middlemen and industry - that have a major stake in the industry, Qafila will empower small Content providers and pose a new paradigm shift in the way people listen to and pay. However, Qafila is going to revolutionize the industry in a way never before seen.