Leveraging AI and Blockchain Technology to Reimagine Content Delivery Networks with AIOZ

By Casper Brown
Published November 3, 2021 Updated November 3, 2021
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Leveraging AI and Blockchain Technology to Reimagine Content Delivery Networks with AIOZ

By Casper Brown
Published November 3, 2021 Updated November 3, 2021

With demand for high-speed internet, massive amounts of data, and fast, high-performance servers growing exponentially, traditional content delivery networks (CDNs) cannot cater to – or even meet – consumer demand. The pioneering decentralized CDN proposed by AIOZ offers a robust and cost-effective way forward. Read on below to learn more.

What Are Content Delivery Networks (CDNs)?

Content Delivery Systems are built using a system of high-speed servers strategically positioned across the globe to provide streaming data to large populations. Media content can be delivered more quickly without compromising user experiences by physically storing data closer to users. When a user sends a request to a website or service, the nearest server, a POP (Point of Presence), handles the request and delivers the requested data to the user. The closer you are to the POP, the more quickly your content will load.

With high user expectations in terms of load times and seamless delivery of content, it is no wonder that large-scale CDN providers such as Google Cloud and Microsoft Azure invest billions of dollars every year to serve the growing demands of the internet-based data industry. This is especially true for growing, high bandwidth industries such as video streaming.

These CDN providers can sell storage space and bandwidth to other content providers such as YouTube, Hulu, or CrunchyRoll, usually at a significant markup. Unsurprisingly, the global content delivery market is currently valued in the tens of billions of dollars. This figure is expected to double within the next four years as expectations and requirements regarding bandwidth, video quality, and the burgeoning online content creation spaces continue to dominate the online activity. Amazon, the world’s largest retailer, generates most of its profits from reselling web services via AWS – Amazon Web Services, and this trend is expected to continue into the indefinite future.

Introducing AIOZ

AIOZ’s mission is to allow everyday users to earn by sharing their unused network bandwidth and computer processing power with others. The AIOZ network will create a network of thousands of individual servers across the globe, all of which are much closer to individual users, reducing the distance between users and the POP, hence lowering load times, transmission costs and enhancing user experiences.

Built as a decentralized CDN, AIOZ uses peer-to-peer computational resources with blockchain technology to be cheaper than existing CDNs while custom-designed to improve the online streaming and media consumption experience. Decentralized CDN is critical to the future of content delivery for two reasons.

Firstly, about half of the world’s internet users do not live near-global data centers. The physical geography of users’ locations exacerbates the POP access issue. Furthermore, an additional 700,000 people gain access to the internet for the first time every day. It does not make long-term financial sense to invest billions of dollars in far-flung data centers located at considerable distances from rural and emerging markets. Users will experience slow loading times leading to a lackluster user experience. 

Secondly, many existing CDN networks are exorbitantly expensive, and the demand that this places on the world’s existing legacy infrastructure is enormous. As recently as last year, large streaming service providers such as YouTube, Netflix, and Hulu announced that they would be lowering the quality of their content for all users to address, such as slow loading and high buffering times. With advancements in technology and the demand for better and faster services, user experiences should improve, not worse. AIOZ Network, powered by a  critical mass adoption of edge nodes, will effectively address and alleviate network strain by working together with traditional CDNs to lower load times, improve system uptime, and more cost-effectively deliver content to the users who need it, when they need it.

About AIOZ

The AIOZ Network is an AI-powered, layer-1 media blockchain that aims to reduce the cost of delivering content to global users drastically. It was founded in 2018 in response to the many challenges faced by struggling content delivery networks. It opens an opportunity for users to fully leverage and profit from their unused bandwidth and spare capacity while also providing a lower-cost alternative to traditional CDNs.

Using blockchain technology, AIOZ can manage the wide distribution of media segments and distribute payments to infrastructure providers in a decentralized fashion. Also, by harnessing the power of AI, AIOZ can solve long-standing problems facing traditional CDN providers, such as scaling and bandwidth provisioning in real-time.

The AIOZ Team

The AIOZ team is primarily based in Singapore. The company held its token offering in early 2021 and yielded early investors a 350x return on the IDO token price. Led by Hien Nguyen, the Head of Blockchain, and Trieu Nguyen, the company’s CTO, AIOZ has grown to a team of roughly 30 full-time back-end blockchain engineers, front-end developers, AI Scientists, UI UX designers, and other highly educated and skilled professionals.

Project Roadmap

AIOZ proposes an ambitious and novel network of physical edge nodes that reward operators for renting out unused bandwidth and GPU encoding power to the AIOZ network. Anyone with a computer and an internet connection can store segments for the network and, in exchange, receive AIOZ tokens. A critical difference between the AIOZ Network and other content and data delivery projects such as the Theta Network and BittorrentTron is the ability of AIOZ to offer an infinite scalability solution using distributed computational resources that will grow as more and more users, and as more content providers come online.

The AIOZ testnet has been successfully launched together with a working streaming website (aioz.tube) that showcases the function of the AIOZ edge node network. AIOZ currently has approximately 30,000 unique edge node operators and aims to continue its exponential growth.

AIOZ is projected to migrate to the v1 mainnet in Q4 2021. At this point, its current ERC-20 and BEP-20 tokens will be migrated to AIOZ’s own layer-1 blockchain based on Cosmos Tendermint-based framework with EVM compatibility, complete with a blockchain explorer and native wallet integration for tokens. The mainnet will come with many exciting developments and upgrades, such as advanced edge node setting options and an improved command-line interface (CLI) that will allow for media-focused smart contracts to run on the platform. The AIOZ team plans on offering its commercial CDN solution with the launch of its smart contract platform.

 

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Disclaimer
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
About Author
Casper Brown
410 Articles
I am an associate content producer for the news section of Coingape. I have previously worked as a freelancer for numerous sites and have covered a dynamic range of topics from sports, finance to economics and politics.