A New Use Case For Bitcoin, Ucontrol.TV Launches Bitcoin Controlled Live Web Streams
Innovative start-up Ucontrol.TV enables anyone to watch and control a live stream of water buckets with as little as 0.001 BTC. The buckets support different charities including Sean’s Outpost and The Water Project. Another use case for Bitcoin other than a currency or store of value has emerged.
Ucontrol.TV has created the first live demonstration where anyone, anywhere can control the flow of water using Bitcoin as the on/off switch.
“Not only does Bitcoin act as the switch but the amount of Bitcoin sent is proportionate to the amount of water dispensed” explains Dale Malone, Managing Partner at Ucontrol.TV
Anyone worldwide can watch and control water buckets within a live video stream by sending a small amount of Bitcoin (0.001btc equivalent to $0.24) to an address associated with each bucket. The more Bitcoin sent the longer the bucket will fill with water. Bucket 1 supports The Water Project charity in Africa. Bucket 2 supports Sean’s Outpost a homeless shelter in Florida and bucket 3 helps pay the water bills at Ucontrol.TV. This fascinating first proof of concept is creating a new category of Bitcoin applications where crowds of users can interact with a single device.
Future innovative channels in development include:
– Zoo Animal Feeding: Imagine a live cam on the penguin exhibit but now integrate Ucontrol.TV into the stream. Buckets can now be filled with sardines and the penguins can be fed by anyone in the world who sends Bitcoins to that bucket. The zoo gets additional revenue and site visitors while the user gets a more interactive experience with the animals.
– Live Concert Control: A live cam is streaming a local concert but now Ucontrol.TV is inserted into the stream. The audience can now control the song lineup by the collective power of sending small amounts of Bitcoin to different addresses which effectively acts as a voting booth.
Using Bitcoin to control devices and monetize live video streams is a creating an entirely new way for people to interact on a global scale. Observers can look forward to new and exciting live channels to be developed by Ucontrol.TV.
To learn more please go to: http://ucontrol.tv/
City and Country Location: Austin, Texas
Related News
Gather Network offers users new streams of income as the world is forced to live online The continued grip of CoronaVirus has seen the majority of the world’s population locked down at least once in the last year. As 2021 gets underway, we are more reliant on a stable internet connection than ever before to […]
Cloudbet brings live dealers to the digital world. Cloudbet is a new Bitcoin gambling website where your cards are dealt by an actual dealer on a video stream. This adds a new level to the idea of bringing a real Las Vegas casino into your own home, as you will now be able to see an actual person dealing the cards. Players can also chat with other players at the table, which adds new meaning to the phrase "virtual casino". The fact that Cloudbet also uses Bitcoin for bets means that deposits can be processed almost instantly. Playing with Live Dealers. The one thing that really sets this....
One of the major disadvantages associated with centralized services is how they can enforce exclusivity rules in certain cases. With the “war of game streamers” heating up between Twitch and Youtube, exclusivity deals are already being forced upon partners. Depending on whether or not individual streamers have monetized their game streaming, these decisions might be a determining factor. If only there were a decentralized solution to tackle this problem. Over the past few years, the Twitch platform has become synonymous with live game streaming and even watching live e-sports events around....
The Bank of Uganda (BOU) has announced the launch of a regulatory sandbox that will allow fintech start-ups to test their innovative financial solutions in a controlled environment. Already, one firm, M/S Wave Transfer Limited, has received approval to test its quick response (QR) technology under this sandbox arrangement. BOU Launches Regulatory Sandbox for Fintech In its statement on June 15, the BOU says it is now inviting more firms to develop and similarly test their financial innovations under this framework. Meanwhile, the BOU statement also expands on why the central bank has....
New tokens and assets launch daily in the cryptocurrency space. Culling the wheat from the chaff can be difficult, as every new listing is a potential unicorn. Jigstack’s STAK token has potential as it provides passive revenue streams to all token holders. Exploring The Jigstack Ecosystem Whenever a new token launches, it is essential to […]