A peer-to-peer decentralized Content Delivery Network delivers streams securely & efficiently throughout the world .
Our architecture consists of two interrelated services; a marketplace for video content purchase and a decentralized distributed network for content distribution.
Each service is operated using blockchain with help of smart contracts. In both cases, The WeFilmchain Dapp is a decentralized authority which acts as an administrator for these smart contracts.
Blockchain Transaction Marketplace
The primary service is a blockchain-based transaction marketplace for consumer/ viewers to buy the right to view or own video content and digital assets on their personal devices, including smartphones, tablets, thin video clients, smart TVs, and personal computers. The WeFilm Dapp creates a marketplace in which content consumers register their identity and payment information and use our master library server to find a film, and execute contracts with the property owners to securely stream their desired content. Filmmakers and other content owners set the price for each video stream themselves.
The content contributor can specify an allocation percentage for royalty payments and any other special terms. A copy of the film and its attributes are uploaded into the master library.
A blockchain transaction ledger records all payments in a decentralized fashion, ensuring the integrity and security of all purchases through Wefil wallets; a virtual exchange shows account values in USD or other fiat currencies.