• OTT Startup Commitment Table… Watch High Definition on Low-Specification Smart TV

Staby (CEO Lee Sang-su) was selected as the best innovative technology in the IT field for “user authentication protection using Merkle Tree and OTT streaming revenue distribution technology” and was selected as the “2020 Hankook Ilbo Digital Innovation Grand Prize.”

The Hankook Ilbo Digital Innovation Awards, which marks its 15th year this year, is an award given to companies that have contributed to improving national competitiveness by spreading awareness of the IT industry and new industries, which are the core of national growth, along with the Ministry of Science, Technology, Information and Communication, and innovating new industries of knowledge and information. …

Under the slogan “For those who are ready to be remembered for a long time” Staby (CEO Lee Sang-su) is a startup that boldly made its debut in the OTT industry dominated by large companies through its own OTT platform ‘StabyGo’.

OTT platform, which is being developed by Staby, is optimized for high-definition viewing not only on smartphones but also on smart TVs. Usually, the hardware specifications of smart TVs are lower than that of smartphones, which can result in slow execution during high-definition viewing or suspension of execution due to lack of memory while running, but the Staby overcame them through optimization in a small resource environment. …

Stream Protocol(STPL) made an announcement on the 28th that it is implementing its digital asset, STPL Token, by utilizing Klaytn, which was developed by Kakao affiliate Ground X.

“Klaytn” is a central platform developed by Kakao through its affiliates to activate the Blockchain Application (BApp). It focused on improving speed and usability to drive large-scale corporate-based services, and declared in July that it would not accept fees for the next year.

Several domestic and foreign companies, including LG Electronics and Netmarble are participating in the ‘Klaytn Governance Council’, the governance node of ‘Klaytn’, and blockchain social media ‘Pibble’, cloud security service ‘Cloudbric’ and personal data trading platform ‘Airbloc’ are practicing based on Klaytn platform. …

Staby Co., Ltd. announced on the 27th that it has signed a business agreement with Grimm Brothers, a broadcasting company, and Innerbit Sound, a sound-repeating company equipped with state-of-the-art recording sound production infrastructure and system.

Staby Co., Ltd. is about to release its team build platform called STABY CONNECT for producing quality content and OTT platform called StabyGo, which is equipped with a real-time profit distribution system that allows content producers and consumers to make a virtuous circle.

Grimm Brothers is a production and supply company specializing in broadcasting filming that produces and supplies SBS Inkigayo, Produce 101 Exhibition, Get It Beauty, Superman returns, 1 Night 2 Days, Superstar K Exhibition, Voice Korea, and TWICE’s elegant privacy. …

‘Stream Protocol’ (STPL) (CEO Lee Sang-su), which is developing a platform for distribution of revenue of content based on block chain, announced on the 26th that it will collaborate with ‘Haechi Labs’ to develop advanced smart contracts and provide safe crypto wallets.

‘STPL’ is trying to improve frequent inefficient content production procedures and unclear profit distribution structure in the content industry by utilizing block chain technology.

Using “STPL”’s block chain-based revenue distribution technology, content revenues are distributed fairly to those who participated in the production process based on their contributions registered in the block chain.

Information recorded in the block chain cannot be modified or deleted arbitrarily, and all transaction records will be transparent, creating a reliable revenue distribution structure. The company officially patented this technology on the 21st. …

Stream Protocol (CEO Lee Sang-su), a company which is developing a reasonable content revenue distribution system, announced that it has signed a contract with Upbit Safe, a subsidiary of Dunamu, to partner with “Custody” service.

Through the partnership, the “Stream Protocol” will be entrusted to Upbit Safe for 1,948,610,436 units in other words, 97.4 percent of the total issuance of its digital assets, STPL Token.

Upbit Safe is a corporate-only digital asset trust service of DXM, Krypto financial subsidiary of Dunamu. By using this, virtual assets can be safely stored through customized solutions.

In addition, the company has a variety of safeguards, including its own multi-account system, delayed withdrawal, whitelist, and distributed cold wallets, along with the Ledger Vault service, which is a multi-certified wallet service for enterprises, which is considered to have excellent security levels. …

Staby (CEO Lee Sang-Soo) announced on the 22nd, patents on the method of revenue distribution and computing device were acquired.

The newly acquired patent is about content revenue distribution system, and when the consumption of content occurs(when users expense their time on the video content), the distribution is made in real time according to the set equity ratio and method of the revenue generated.

In addition, transparency, reliability, and fairness can be secured through a profit verification process that increases the security of the stake by using blockchain technology. …

STPL placed k-contents VOD on THETAtv operated by Theta Labs on 21st.

Theta Labs is a company that has developed Theta Networks, which allows viewers to use the remaining bandwidth on their devices to relay videos on a P2P-based basis. Within Theta Network, various platform partners such as Samsung VR and immersive virtual reality (VR) and 360-degree video network companies “Littlstar” and “Moviebloc” are collaborating.

Theta Labs currently operates the THETAtv platform, which serves VOD content to viewers. Millions of viewers a month use VOD content through THETAtv.

Sendsquare’s partner, STPL, is a company that strives to address frequently occurring inefficient production procedures and unreasonable content revenue distribution structures in the media and entertainment industry and has even applied for related technologies as patents. …