PodMiners roadmap towards implementing Blockchain tech

As you know that PodMiners is experimenting with Blockchain technology in order to derive a unique platform for podcasters. So far, we have got a number of queries as to how the blockchain tech works. Our investors and ICO participants also wish to know as to what is PodMiners Token (POMT) and what do we intend to do with it.

Therefore, we thought of discussing our roadmap in concern with the blockchain technology to offer more insights into it.

The Core Idea

The core idea is to use Blockchain technology to offer our users with the following benefits.

• Verifiable advertisement logs that prevent advertisement fraud on the platform.
• Payments via smart contracts and digital tokens, that automatically manage the disbursements.
• Security knitted into the entire framework for Content Protection and fair monetization.

The three points broadly represent our aim with the blockchain implementation. There are several other benefits that’ll be stemmed from these points when the platform is fully blokchain-enabled.

Current Developments

As of now, PodMiners is working on raising capital for the startup.

Being an innovator in the field of Blockchain, we thought of launching an Initial Coin Offering, which lets anyone who believes in our idea to be a part of the progress by purchasing our POMT Token.

The ICO is being held on the Ethereum Blockchain which stands for security and strong Proof-Of-Work principles.

Minimum Viable Product

Our Minimum Viable Product is currently being tested that contains all the aspects of listed in the core idea.

Update: The wallet system is already live and you can start crediting POMT in your wallet.

The MVP will be rolled out in stages marked by the three quarter of 2020.

Q1 2020: Decentralization Ecosystem for PodMiners, token integration & exchange listing across multiple exchanges.

Q2 2020 : Blockchain-based review system development and continuous decentralization. PodMiners mobile application development

Q3 2020 : Ads mechanism & detailed analytics development.

By the end of 2020, the platform’s core offerings will be live and users would be able to fully benefit from the idea.

We expect the current adoption of Blockchain to speed up by Q3 2020 across several other digital platforms, enabling a cohesive ecosystem for the users. Today, Blockchain is largely looked at like a buzzword, which we believe will change in the coming 1–2 years.

Envisaged Developments

Going by the crowdsourcing philosophy, PodMiners has plans of opening up public APIs for users worldwide, which will help them leverage their content much more extensively.

We also have video streaming backed by our foundational ideas of content protection and fair monetization. The ideas of a decentralized video streaming platform have already started floating. PodMiners, however, will take it’s time to properly validate the idea for our end users.

Conclusion

Summing up, the core blockchain technology is rapidly evolving at our end as we continue to invite contributions from our investors. You can start podcasting on the platform already and also use our live radio functionality. The roadmap of the upcoming features has already been shared, and we’ll keep everyone in the loop as new developments roll in.