MTonomy is a project based in Cambridge, with a part of the team behind it coming from the MIT Media laboratory’s Digital Currency Initiative, which is a group of prominent BTC devs, including Gavin Andersen.
MTonomy utilizes Ethereum’s platform for payment processing and stores metadata in smart contracts. The project is capable of delivering a decent user experience because it utilizes the same enterprise-grade servers that are used in other platforms. The project is protected by encryption and Digital Rights Management, making it as safe a place for content providers as anywhere else.
The real power of the project lies in the fact that it is accessible all over the world, with people from 170 different countries being able to buy and enjoy the content. The transactions are settled within the span of merely 14 seconds. Moreover, the customers may access the content even without having a bank account or a credit card.
One thing that surely makes MTonomy stand out from other content streaming projects like Amazon Prime, Netflix, or Google Play is its security level. Unlike its market rivals, which often encounter hacker attacks and dark web trafficking, MTonomy is entirely tamper-proof and protected from disruption, as it operates on Ethereum’s platform.
MTonomy intends to potentially transform the entire industry by licensing its technology, which others may need. For instance, MTonomy might come in handy if some movie studio decides to exercise a direct release of its content all over the world, which cannot be easily done without such services at hand. MTonomy plans facilitating all sorts of content streaming, including music and other kinds of entertaining content.