BlockCDN, a blockchain company stationed in China, aims to provide a solution for CDNs (Content Delivery Networks) by utilizing a peer to peer approach, leveraging existing idle resources to reduce the costs of bandwidth, energy consumption, and hardware maintenance compared to a traditional CDN setting.
As more information migrates online, the need for CDN providers increases. Expected to grow $12.1 billion by 2019 at a compounded growth rate at 26.9 percent, BlockCDN looks to disrupt the entire industry by providing a platform where users can purchase and provide CDN services.
CDN providers work by accelerating the delivery of content from servers to the users by caching content in geographically distributed servers. This requires massive upfront costs to set the infrastructure in place which BlockCDN looks to make a thing of the past.
Use of the Ethereum network and