MikeLigalig.com

Computer scientists at Harvard's School of Engineering and Applied Sciences, in collaboration with colleagues from the Netherlands, are using a novel peer-to-peer video sharing application to explore a next-generation model for safe and legal electronic commerce that uses Internet bandwidth as a global currency.

The application (available for free download at http://tv.seas.harvard.edu) is an enhanced version of a program called Tribler, originally created by scientists at the Delft University of Technology and Vrije Universiteit, Amsterdam to study video file sharing. The software exploits the power of peer-to-peer technology, which is based on forming networks among individual users.

“Successful peer-to-peer systems rely on designing rules that promote fair sharing of resources amongst users. Thus, they are both efficient and powerful computational and economic systems,” says David Parkes, John L. Loeb Associate Professor of the Natural Sciences at Harvard. "Peer-to-peer has received a bad rap, however, because of its frequent association with illegal music or software downloads.”

Unlike traditional, centralized approaches, peer-to-peer systems are incredibly robust, as they can scale smoothly since the software adjusts to the number and behavior of individual users. The researchers were inspired to use a version of the Tribler video sharing software as a model for an e-commerce system because of such flexibility, speed, and reliability. “Our platform will provide fast downloads by ensuring sufficient uploads,” explains Johan Pouwelse, an assistant professor at Delft University of Technology and the technical director of Tribler. “The next generation of peer-to-peer systems will provide an ideal marketplace not just for content, but for bandwidth in general.”

The researchers envision an e-commerce model that connects users to a single global market, without any controlling company, network, or bank. They see bandwidth as the first true Internet “currency” for such a market. For example, the more a user uploads now (i.e. earns) and the higher the quality of the contributions, the more s/he would be able to download later (i.e. spend) and the faster the download speed. More broadly, this paradigm empowers individuals or groups of users to run their own “marketplace” for any computer resource or service.

source: http://tv.seas.harvard.edu/press.php

Linkback: https://tubagbohol.mikeligalig.com/index.php?topic=3856.0

world wide web and internet flourished because of sharing, this is an ideal practice.

Linkback: https://tubagbohol.mikeligalig.com/index.php?topic=3856.0