1XBET REGISTRATION

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How blockchain will change cam business: security and being anonymous

How blockchain will change cam business: security and being anonymous

Live Stars offers a brand new perspective at the problems of webcam industry — incorporate porn and blockchain technology
Blockchain will eventually change many aspects of our activities. Usually, we hear about bringing out blockchain into financial field, but it can be used in many various other fields. For example , Live Personalities company has found, one could think, an unexpected application intended for blockchain — webcam organization.
Webcam is the most technologically advanced branch of online adult industry. Models (usually, women) converse with video chat users and, for additional payments, cause, strip and perform selected actions of sexual dynamics. It’ s often completed with own funds and resources — all you need is a web camera, Internet access and a living room. However , there are specialized dojos, where several models can perform at the same time. Webcams monumentally vary from offline part of sex sector and porn videos. The main element differences are the absence of physical contact between the model as well as the client and all the payments are non-cash.
How does it work?
Behind every model, there is a crowd of different personnel: agency owners, studio room managers, staffed internal deal platforms.
Each link in this chain subtracts their share of the model’ s earning. A model operating at the agency usually gets 20– 25% of what her client paid. Also self-employed models get regarding 40%, with the rest taken by the webcam hosting systems.
The client under no circumstances pays directly to the style, they usually use some form of conditional currency, valid on one particular website. The funds tend not to go directly to the model and at the each stage the paid sum suffers transfer and conversion costs. When the “ tokens” are ordered, a percentage goes to the online pocket book or banking service, if the client pays with this kind of token, webcam platform gets its share and there is one other intermediate party at the funds withdrawal stage.
Besides, to receive their repayment in the first place, the model need to first earn the minimal required sum, specified inside the contract, usually about 50 dollars. Incidentally, 99% of man models usually do not get paid also this much. Besides, these obligations do not reach their receiver right away. The platform can hold the payment for any period of time between a week and a month or even more. And you can add 3– 5 days spent for loan company transfer process.
These are just symptoms of the core problem of this field — lack of transparency. Nobody feel confident in anyone — clients are afraid of identification theft and models are afraid of deanonymization, blackmail and dangers of exposing their function to their friends and friends and family. Studio management might work with threats and fear to force the models to remain working and the streaming products and services might illegally use personal data of both, models and clients.
Such platforms always use some form of IDENTITY to verify the id of their models for inner purposes, it is a vital component to how they work. And each platform makes their own client repository, collecting the payment info on when, what for and exactly how much each client gives, geolocation data and sometimes demands ID as well.
Security and anonymity of provided data completely depend upon which integrity of the intermediaries. The internet is full of interviews with cam models who fell food to blackmail.
— It’ s unsafe to work at the studio if you want to keep your identity top secret. I can tell you a story of a style, whose work was recorded plus the videos were sent to her boyfriend. There were threats to send these videos to her father and mother as well. The same can happen if the contract runs out or when the model just would like to quit. What to do with that, no one knows.
Lena, a webcam model
Blockchain the Savior
According to have Stars, how can blockchain boost this semi-legal and often risky field of work?
The main difference is complete anonymity guaranteed by the program and replacement of internal payment system with tokens.
This solves almost all challenges we mentioned thus far.
Tokenization removes the need for intermediaries and completely takes away them from the chain. Reliability of data storage and transfer in blockchain technology is usually above and beyond anything else we have today. Identity verification will even now take place, since all models must be of the full legal age to work in this field, however the model can remove any kind of their personal information from the program at any point in time, which is supported by the open source code. The uploaded data, after having been approved by management, will always be encrypted.
Blockchain ventures fully solve the issue of the client’ s anonymity.
The very transaction process will be significantly quicker, as the intermediary banks and the need to convert money in to the platform’ s internal payment means are completely removed from the picture. The latter is replaced by LIVE tokens, that can be used to pay for the assistance or be sold at a symbol exchange platform. At the moment, if the client happens to have some inner platform currency they bought but did not spent however, they cannot get their money back at all, if they wish to do so, as no platform offers repayments or resale opportunities.
The payment procedure itself becomes simpler and includes possibility of attaching more modules and ways of payment.
The products do not have to wait for months to get what they earned. The transaction comes at the moment from the payment and not a moment later on.
Possibility of purchase errors is removed as well — blockchain technology does not allow for mistakes and purchase errors, when the customer’ s funds are blocked by bank.
What will Live Stars change?
What does such platform looks like? What will change for its participants: clients and versions?

On average, 250 new models register on the top-tier websites daily.
80 percent are newcomers, who by no means worked at this platform
10% of them is going to continue working on the same program
60% are forced to quit, due to not reaching the minimal required earning.
The low percentage of webcam newcomers is easily described: emotionally taxing job, hazard of deanonymization, psychological pressure from the platform’ s admins, huge transaction fees and low payments that by no means come on time. It results in a situation of many young products completely leaving the discipline after their first experience.
A program built on open source code, transparency and blockchain system will radically differ from current semi-legal and closed systems.
Low entrance barrier will attract more products and lack of negative fiscal experience will increase the percentage of the people who will chose to stay.
If the clients will be 100% certain of their own security and anonymity, the number of people willing to pay for the model’ s i9000 service will increase. Currently, majority of webcam audience is quite happy with free live streams and doesn’ t pay nearly anything, afraid of dealing with unclear and potentially dangerous payment system. In the event that some of them will move to the class of paying clients, it can completely change webcam market landscape. It is quite possible, which the general direction of many of these platform will become less porn-orientated and move towards just personal communication, which is what attracts the clients to begin with.
Another important feature: private video chats and text chats will use webRTC based on one-to-one principle, separately of servers. Nobody, such as website administration, will have use of a private chat.
Every website has their diva. fantezii.ro They are usually promoted by website itself, put towards the top of the ratings and viewed by the largest audience. It is always a closed mechanism, which usually harms the customer who’ n like to see the actual advice about the model’ s rating and it harms other types who lose the money due to unfairly low scores. Besides, unfair rating is just an extra source of psychological tension for the model. The open source code will allows anyone to make sure, that the score is distributed in a reasonable and objective manner.
The future of webcam industry
In the end, blockchain will lead to creation of a unique unprecedented online system, with independent financially guaranteed webcam models who finally left behind the discomfort of constant stress and the consumers completely certain in their reliability and anonymity.
The content is bound to change too: currently models feel pushed to have “ mainstream” shows, something, that majority of clients are ready to pay for, just to have some income. In the conditions of your secure and open program, they can produce income via providing services for a more compact audience. It can be just a friendly conversation or specific sexual interests.

1xbet mobile

1xbet mobile

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